Macomb County · Warren
Sell Your Commercial Property In Warren, MI
We are an active buyer of Warren commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Center Line · Eastpointe · Sterling Heights · Madison Heights — Macomb County, MI
Why Warren
Why We Buy Multifamily In Warren
Warren, MI is a Macomb County city of 137,928 residents, with 15,822 renter households and 6,535 homes in buildings of five or more units, per ACS 2020-2024. Owners who plan to sell commercial property in Warren, MI face a 2025 non-homestead tax rate of 67.2248 to 73.0021 mills and a 50% assessment ratio. A seller also pays $17,200 in state and county transfer tax on a $2,000,000 sale. This profile gathers Warren's rent, tax and landlord rules in one place.
Large local job base
Warren workplaces hold 98,171 jobs, according to Census LEHD LODES 2021 workplace data.Manufacturing weight
Manufacturing supplies 20,828 jobs in Warren, or 21.2% of the total, in 2021 Census LODES data.Technical services jobs
Professional, scientific and technical services account for 24,753 Warren jobs, or 25.2%, in the same 2021 Census LODES data.Our Buy Box
What We Buy In Warren
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Warren Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Warren
Warren has 15,822 renter households, or 28.9% of occupied homes, in ACS 2020-2024 tenure data. Macomb County's renter share is 25.0% and Michigan's is 26.8%.
Buildings with five or more units hold 6,535 Warren homes, or 11.3% of the stock, per ACS unit-count data. About 83.4% of Warren homes were built before 1980, per ACS year-built data.
Warren rents and affordability
Warren's median gross rent is $1,225 a month, versus $1,211 in Macomb County and $1,129 statewide, per ACS 2020-2024. Median household income in Warren is $64,016.
Renters spending 30% or more of income on rent make up 51.5% of Warren renter households, and 28.7% spend 50% or more. Warren's rental vacancy rate is 4.4%, with a margin of error of 1.6 points, per ACS profile DP04.
| HUD FY2027 FMR, Detroit-Warren-Livonia, MI HUD Metro FMR Area | Monthly rent |
|---|---|
| Efficiency | $1,047 |
| One-bedroom | $1,167 |
| Two-bedroom | $1,459 |
| Three-bedroom | $1,777 |
| Four-bedroom | $1,929 |
Owners who want to sell commercial real estate in Warren, MI can test their rent rolls against these HUD fair market rents.
Property taxes in Macomb County
Warren's 2025 non-homestead tax rate runs from 67.2248 to 73.0021 mills depending on school district, per Michigan Treasury 2025 total rates. Warren Consolidated Schools addresses pay 67.8289 mills.
Michigan assesses property at 50% of true cash value, and a sale sets the next year's taxable value at that level under MCL 211.27a. A $2,000,000 sale gives $1,000,000 of taxable value and $67,828.90 a year at 67.8289 mills.
Across Warren's districts, that same $1,000,000 yields $67,224.80 to $73,002.10 a year. Anyone who plans to sell commercial property in Warren, MI also owes transfer tax, so read the next figures with the price in mind.
Michigan's state transfer tax is $3.75 per $500, and the county transfer tax is $0.55 per $500. On $2,000,000 that is $15,000 plus $2,200, or $17,200, owed by the seller. Commercial assessments go to the March board of review or to the Michigan Tax Tribunal by May 31, per MCL 205.735a.
Michigan landlord rules for Warren owners
Michigan caps a security deposit at 1.5 months' rent under MCL 554.602. Landlords must mail an itemized damage notice within 30 days after occupancy ends, per MCL 554.609.
A nonpayment eviction starts with a 7-day written demand under MCL 600.5714. Warren cannot adopt rent control, because MCL 123.411 bars local rent limits on private residential property.
What this means for a Warren owner
Warren's older stock, 28.9% renter share and $1,225 median rent set the story a buyer reads. A $2,000,000 deal carries $17,200 in seller transfer tax and about $67,829 of annual tax afterward.
Run your numbers in the cap rate calculator before you sell commercial property in Warren, MI.
Skyline Capital Investments buys 5+ unit apartment buildings. Owners ready to sell multifamily property in Warren can start on the sell my apartment building page.
Good To Know
Pricing Your Building In Warren
More about selling in Michigan →Investing in Warren? See apartment syndications in Warren →
- Selling commercial property in Warren means a 50% assessment ratio: a $2,000,000 price gives $1,000,000 taxable value.
- Owners ready to sell commercial real estate in Warren, MI should note 83.4% of homes predate 1980.
- In Warren, 28.7% of renter households spend half or more of income on rent, per ACS 2020-2024.
Seller Guides
Your Situation, Handled — Warren
Learn More
Taxes & Rules For Warren Property
The Michigan rules that shape any deal in Warren: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Warren Seller FAQ
What does it cost to sell commercial property in Warren, MI?
Michigan charges $3.75 per $500 of value in state transfer tax and Macomb County charges $0.55 per $500. On a $2,000,000 sale that is $17,200, owed by the seller. Brokerage and closing costs are separate and depend on the deal.
What is the commercial property tax rate in Warren?
Warren's 2025 non-homestead rate is 67.2248 to 73.0021 mills, depending on school district, per Michigan Treasury. Warren Consolidated Schools addresses pay 67.8289 mills, or $67,828.90 a year on $1,000,000 of taxable value. Rates vary because Warren sits in six school districts.
Does Warren have rent control?
No. Michigan law, MCL 123.411, bars any city, village, township or county from enacting an ordinance that controls the rent charged for private residential property. Warren owners set rents by lease and market, with HUD FY2027 fair market rents as the area benchmark.
How do I sell commercial real estate in Warren, MI with an older building?
Warren's stock is old: 83.4% of homes predate 1980 and the median build year is 1965. Before you sell your apartment building in Warren, price it with the cap rate calculator and a current rent roll.
How do I appeal a commercial assessment in Warren?
Commercial real property can be protested at the March board of review, which meets the second Monday of March under MCL 211.30. It can also go straight to the Michigan Tax Tribunal with a petition filed by May 31 of the tax year.
Do I need to fix up my Warren building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Warren apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Warren with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Warren?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Have A Property In Warren?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
