Warren, MI 48091,20783 AUDREY Avenue
$225,000
$220,000
2.3%
Est.Price: ?

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2 BD
3 BA
1,814 SqFt

20783 AUDREY Avenue Warren, MI 48091

Est. payment /mo
SOLD DATE : 04/09/2025

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Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Square Footage 1,814 sqft

Price per Sqft $124

Subdivision S/P # 04 Warren

MLS Listing ID 20250013946

Style Ranch

Bedrooms 2

Full Baths 2

Half Baths 2

Year Built 1950

Annual Tax Amount $5,645

Property Sub-Type Ranch

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

Zoning Multi-Family,Residential

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Fitzgerald

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Dylan Tanaka of EXP Realty Main
Bought with EXP Realty Main

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agent

Mark Schmansky

Founder/Associate Broker | License ID: 6501380043

+1(248) 701-0207

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