25
See all 25 photos
$220,000
Est. payment /mo
4 BA
1,814 SqFt
New
20783 AUDREY Avenue Warren, MI 48091 2833
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UPDATED:
03/05/2025 11:50 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,814 sqft
Price per Sqft $121
Subdivision Mi
MLS Listing ID 20250013946
Style 1 Story
Full Baths 2
Half Baths 2
Year Built 1950
Annual Tax Amount $5,645
Lot Dimensions 90.00 x 123.00
Property Sub-Type Multi-Family
Property Description
Turnkey Investment Opportunity – Cash-Flowing Duplex in Prime Warren Location Real estate investors and land lords seize this rare opportunity to own a fully occupied, cash-flowing duplex in the heart of Warren! Conveniently located near major freeways, this side-by-side duplex offers easy access to Metro Detroit, making it a strategic addition to any rental portfolio. ***NO Showings without accepted offer*** Each updated 2-bed, 1-bath unit features separate utilities, upgraded electrical panels, and partially finished basements—ideal for maximizing rental potential. The roof and foundation are in solid condition, while both units boast sump pumps, new blinds, and city certification for a hassle-free investment. Unit 20783 has been renovated with newer white shaker cabinets, modern vinyl flooring, and updated vinyl windows. The working furnace and 5-year-old water heater ensure efficiency, while the bright sunroom/den adds extra living space. Unit 20781 features a newer furnace, a 12-year-old water heater, and well-maintained interiors. Both units have tenants in place, paying near-market rents of $1,300 and $1,200 per month, with potential to increase to $1,350–$1,400. With tenants covering utilities, this turnkey duplex delivers an estimated 20–22% cash-on-cash return with 20% down and self-management. A low-maintenance, high-yield investment like this doesn’t hit the market often. Secure your spot in Warren’s thriving rental market today!
Location
State MI
County Macomb
Area Warren (50023)
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Building
Story 1 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Fitzgerald Public Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by EXP Realty Main