2941 E Warren Ave, Detroit, MI, 48207
About This Home
Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI
Getting Around
Car-Dependent
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1913
Materials
- Foundation: Basement,Brick Mortar
- Construction materials: Brick
Notable Dates
- Major remodel year: 1913
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bathrooms: 24
- Full bathrooms: 24
Features
- Finished area above ground: 29,400
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 29,400 sqft
Property
Details
- Parcel number: 11003521.
- Zoning description: MultiFamily, Multiple
- Special condition: Short Sale No,Standard
- Exclusions: Exclusion(s) Do Not Exist
Features
- Levels: Story 4 to 10
- Pool features: None
Lot
- Lot size: 0.28 Acres
- Lot size dimensions: 118 x 102
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $1,476 | $17,712 |
| Property Taxes | $1,102 | $13,224 |
| Electricity | $3,206 | $38,481 |
| Total | $10,334 | $124,008 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-01-29 | Price change | $900,000 |
| 2025-01-02 | Listed for sale | $1,100,000 |
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