Two-story home with white siding, covered front porch, and a paved driveway
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7542 Meadow Avenue

Warren, Michigan 48091
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$239,900 $1,011/Mo
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Bed 6

Bed

Bath 2

Bath

SqFt2,256

Sqft

Acres0.09

Acre(Lot)

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 expenditu res 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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Detail Ic Property Details

Property Type : Multifamily

Price : $239,900

AD Id : 91474426

MLS Id : 20261076376

Beds : 6

Lot Size : 0.09 Acre

Living Area Size : 2,256 Sq. Ft

Tax Amount : $306.93

Year Built : 1942

Garage : Garage

County : Macomb

  • Map Map

Map

Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2

  • Room Information

    Porches: Porch

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1942 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Crawl Architecture: Colonial

  • Exterior Features

    Construction: Aluminum

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)

  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.09 Lot Dimensions: 35X117 Frontage Feet: 35

  • Property Information

    SQ ft: 2256 Financing: Cash,Conventional,FHA,VA,Warranty Deed

  • Listing Price Information

    Original List Price: $239,900

  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: PIPER'S VAN DYKE NO. 9 LOT 2734 L7 P93

  • Tax Information

    Annual Tax: $307 Parcel Number: 1333428006

  • Possession

    Subject To Tenant Rights

  • Legal Information

    Legal Description: Section: PIPER'S VAN DYKE NO. 9 LOT 2734 L7 P93

  • Unit 2 Information

    # of Bedrooms: 1

  • School Information

    School District: Van Dyke

  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

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21857 Le Fever Avenue , Warren, MI, 48091 $225,000 4 3 1,418 0.23 Acre

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 10/01/2026 @ 21:40

MLS: 20261076376 LISTED BY: Zaid Kassab , EXP Realty Main 888-501-7085 SOURCE: Realcomp II Ltd

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