17-Unit Apartment
18230 Weaver Street, Detroit, MI 48228
For Sale
New
$989,900
Vacant delivery and individual utility submeters support a new leasing plan.
Property Size11,520 SF
Price / SF$85.93
Days on Market6
Property Features for 18230 Weaver Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Team 2000
Listed By:
Bilal A Hamie · License #6506043138
(313) 632-0333
Source:
Alleyrealestatesales
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 7 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Team 2000
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Investment Insights
Based on property information with market context.
This 17-unit apartment property contains 11,520 square feet and was built in 1969. Completed improvements include work to the roof, windows, exterior, framing, drywall, paint, flooring, and rough plumbing and electrical systems. Remaining work is focused on mechanical and plumbing finish items, including furnaces, water heaters, sinks, faucets, and shower diverters. The building will be delivered vacant, and each unit has its own utility submeter.
The property is zoned Commercial, Multi-Family and participates in Detroit’s PILOT tax abatement program, subject to program terms.
The property is zoned Commercial, Multi-Family and participates in Detroit’s PILOT tax abatement program, subject to program terms.
Key Highlights
- 17 apartments across 11,520 square feet
- Vacant delivery for new ownership
- Individual utility submeters in all units
Property Analytics
Who owns this building?
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Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
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Business Placement
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Detroit, MI
Properties on Market for Apartment buildings in Detroit
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Vacant delivery and individual utility submeters support a new leasing plan.
Where is this apartment building located?
The property is located at 18230 Weaver Street Detroit, MI.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: 17 apartments across 11,520 square feet; Vacant delivery for new ownership; Individual utility submeters in all units
