$ 220,000

20783 AUDREY AVE

Warren, MI 48091

  • 4 Baths
    Full Baths: 2 Half Baths: 2
  • 1,814 SqFt
  • 1950 Year Built
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!
Listed by EXP Realty Main , Sold By EXP Realty Main

PROPERTY DETAIL

  • Key Details

    Sold Price $225,000

    Property Type Multi-Family

    Sub Type MultiFamily

    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

    Sold Date 04/09/25

    Style Ranch

    Full Baths 2

    Half Baths 2

    Year Built 1950

    Property Sub-Type MultiFamily

  • Location

    State MI

    County Macomb

    Area Area03131Warren

  • Rooms

    Basement Full, Unfinished

  • Building

    Foundation Basement, Poured

    Sewer PublicSewer

    Water Public

    New Construction No

  • Interior

    Heating ForcedAir, NaturalGas

    Fireplace No

  • Exterior

    Parking Features Assigned

    Pool None

    View Y/N No

  • Schools

    High Schools Fitzgerald

    School District Fitzgerald

  • Others

    Senior Community false

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition ShortSaleNo, Standard

    Pets Allowed Call

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $225,000 in Warren,MI

CONTACT

Dylan Tanaka
Dylan Tanaka

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