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20783 AUDREY AVE Warren, MI 48091
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Key Details
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
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 Area03131Warren
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Assigned
Pool None
View Y/N No
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction 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
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Bought with EXP Realty Main
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Davidson Elementary-Middle School
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Mark C. Roose Elementary School
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Michigan Mathematics and Science Academy
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May V. Peck Elementary School
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Westview Elementary School
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Siersma Elementary School
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Gee White Academy
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Dove Academy of Detroit
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United Oaks Elementary School
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Legacy Charter Academy
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Mound Park Elementary School
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Lincoln Elementary School
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Hoover Elementary School
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Halfman Elementary School
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Nolan Elementary-Middle School
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Nolan Elementary-Middle School
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Creative Learning Center - Warren
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Osborn Upper School of Global Communications and Culture
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Rising Stars Academy
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Winans Academy High School
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