7542 Meadow Avenue
Warren, MI, 48091 $ 239,900
Bedrooms-- Baths2.0 Sq 2,256 Monthly Estimate*
$ 1,515
for $239,900 with 2 full baths. This 2,256 square foot home was built in 1942 on a lot size of 0.09.
INVESTOR ALERT! Turnkey, High-Yield Duplex Generating MORE 1% Monthly Return! Rare opportunity to acquire a fully updated, fully occupied, high-performing duplex generating guaranteed income. Backed by reliable agency/organization-paid leases with model tenants, this property delivers immediate, hands-off cash flow from Day 1 with significant upside potential on upcoming lease renewals. LET'S TALK ABOUT PROPERTY HIGHLIGHTS & FINANCIAL BREAKDOWN: Lower Unit (2 Beds / 1 Bath): $1,300/mo guaranteed rent. Features updated vanity, new carpet/flooring, and fresh paint. Upper Unit (4 Beds / 1 Bath): $1,500/mo guaranteed rent. Updated kitchen featuring newer cabinets and countertops. Total Current Income: $2,800/mo ($33,600/yr) which is exceeding the 1% rule! Zero immediate capital expenditures needed! This building has been extensively updated! Updated mechanicals! High-efficiency heating systems, newer furnace and newer water heater. Updated plumbing and electrical work, newer electrical panels for both units, and modern plumbing/electrical fixtures throughout. Vinyl windows throughout (with blinds), newer front roof, and fully repainted interior. Inclusions: Both sets of unit appliances are landlord-owned and convey with the sale. The property includes an adjacent FREE buildable lot--a massive value-add for future development, expansion, or separate resale! The seller is liquidating equity solely to fund another project, creating a rare opening to step into a fully stabilized, turnkey income producer. Leads immediately with the 1%+ rule, $2,800/mo income, and guaranteed lease structure to hook investor attention in search feeds. Emphasizes that leases are paid through housing agencies signaling reliable rent collection and minimal vacancy risk. Updated mechanicals, roof, electrical, and plumbing into a clear section to prove to out-of-state or local hands-off investors that maintenance costs will be low.
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FeaturesGeneralHeating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1942
Style Colonial
County Macomb
Class MULTIFAMILY
Type Multi-Family
Net Income 27350
Ownership Private
Municipality Warren
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Warren (50023)
Primary City Warren
Directions South of 9 Mile West Off Van Dyke
City Warren
School District Van Dyke Public Schools
Financial Terms Cash Conventional FHA VA
Legal Description PIPER'S VAN DYKE NO. 9 LOT 2734 L7 P93
DOM 10
Postal Code 48091
Price Per Sq Ft Total AG 106.34
Public Remarks INVESTOR ALERT! Turnkey High-Yield Duplex Generating MORE 1% Monthly Return! Rare opportunity to acquire a fully updated fully occupied
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ExteriorExterior Aluminum
Exterior Amenities Porch
Frontage 35
Lot Size Area 0.09
Lot Dimensions 35X117
Roads Paved Street
Waterfront Y/N No
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InteriorFireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded FeaturesList Byzaid.kassab@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,515
- Monthly Property Taxes
- $26
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Warren, MI
Average List Price $458,778
Percent of Sale Price 91%
About Warren, MI 136,102 Population
-2% Since 2002
$ 44,128 Median Income
40.56 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
759999 Elementary School
759870 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2026 | $239,900 | | Listed Price |