18250 WEAVER ST Detroit MI 48228 MLS #20250033930

18250 WEAVER ST
Detroit, MI, 48228
$2,650,000
Beds
40 Baths
19,557 SqFt
0.89 Acres
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EXCEPTIONAL INVESTMENT
Turnkey 40-Unit Multifamily …FULLY OCCUPIED
Opportunity | TOP Cap Rate Potential | Prime Detroit Location
Fully remodeled 40-unit multifamily asset ideally located in the heart of Detroit, just minutes from major shopping districts and directly adjacent to the highly sought-after Dearborn Heights community. This property has undergone a full transformation—modernized units, updated mechanicals, and refreshed common areas—making it a truly turnkey opportunity. Seller is ready to hand off this high-yield investment to a new owner ready to capitalize on rising demand and long-term wealth creation through lease-up and management.

Property Details

Price:
$2,650,000
MLS #:
20250033930
Status:
Active
Beds:
0
Baths:
40
Type:
Single Family
Subtype:
Multi Family
Subdivision:
EMERSON PARK PLATS
Neighborhood:
05034detjoyschoolcraftgrnfldlimits
Listed Date:
May 9, 2025
Finished Sq Ft:
19,557
Lot Size:
38,768 sqft / 0.89 acres (approx)
Year Built:
1969
Short Sale05034 – Det: Joy-schoolcraft Grnfld-limits05034detjoyschoolcraftgrnfldlimitsEmerson Park PlatsDetroitCall

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Schools

School District:
Detroit

Interior

Bathrooms
40 Full Bathrooms
Heating
Electric, Space Heater

Exterior

Architectural Style
Colonial
Construction Materials
Brick, Brick Veneer
Parking Features
ParkingLot, SharedDriveway
Parking Spots
50

Financial

Net Operating Income
$411,000
Taxes
$48,402

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Oct 16, 2025
3,413
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$151,590
Avg List Price

Property Summary

    Located in the EMERSON PARK (PLATS) subdivision, 18250 WEAVER ST Detroit MI is a Single Family for sale in Detroit, MI, 48228. It is listed for $2,650,000 and features 0 beds, 40 baths, and has approximately 19,557 square feet of living space, and was originally constructed in 1969. The current price per square foot is $136. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $151,590. To schedule a showing of MLS#20250033930 at 18250 WEAVER ST in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of Golden Key Realty Group LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
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18250 WEAVER ST
Detroit, MI