Warren, MI 48091,20783 AUDREY AVE
$220,000
Est.Price: ?

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4 BA
1,814 SqFt

20783 AUDREY AVE Warren, MI 48091

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

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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 ForcedAir, NaturalGas

Fireplace No

Exterior

Parking Features Assigned

Pool None

View Y/N No

Building

Foundation Basement, Poured

Sewer PublicSewer

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

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Dylan Tanaka

Dylan Tanaka

Broker Associate | License ID: 6506046373

+1(248) 609-3030

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