Turnkey investment opportunity at 24560 Bolam Avenue in Warren. This tenant occupied property offers immediate cash flow, making it an ideal addition to any investor's portfolio. With a stable occupant already in place, you can start generating income from day one without the hassle of securing a tenant. The home features a functional layout with well proportioned living spaces, durable finishes, and solid mechanicals, supporting low maintenance and long term rental appeal. Situated on a manageable lot in an established neighborhood, the property benefits from consistent rental demand in the Warren market. Conveniently located near major freeways, employment centers, shopping, and dining, this property is well positioned for continued tenant retention and future appreciation. Whether you are expanding your portfolio or entering the rental market, this is a strong, income producing asset with dependable upside. Agent is owner.
Accepting backups
Price cut: $10K (6/25)
$125,000
24560 Bolam Ave, Warren, MI 48089
3beds
910sqft
Single Family Residence
Built in 1954
5,662 Square Feet Lot
$121,000 Zestimate®
$137/sqft
$-- HOA
What's special
Durable finishesSolid mechanicalsWell proportioned living spacesManageable lotFunctional layout
- 52 days |
- 283 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Torress Johnson 248-646-6200,
Berkshire Hathaway HomeServices Kee Realty Bham 248-646-6200
Source: Realcomp II,MLS#: 20261032807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 88
- Dimensions: 11 X 8
Bedroom
- Level: Second
- Area: 154
- Dimensions: 14 X 11
Bedroom
- Level: Entry
- Area: 88
- Dimensions: 11 X 8
Other
- Level: Entry
- Area: 64
- Dimensions: 8 X 8
Game room
- Level: Second
- Area: 80
- Dimensions: 10 X 8
Kitchen
- Level: Entry
- Area: 143
- Dimensions: 13 X 11
Living room
- Level: Entry
- Area: 156
- Dimensions: 13 X 12
Heating
- Baseboard, Natural Gas
Cooling
- Ceiling Fans
Appliances
- Included: Disposal, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer
Features
- Has basement: No
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 910 sqft
- Finished area above ground: 910
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 40 x 139
Details
- Parcel number: 1325253011
- Special conditions: Agent Owned,Short Sale No
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Brick
- Foundation: Crawl Space
- Roof: E NE RG YS TA RShingles
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detectors
- Subdivision: CEDAR PARK SUB
HOA
- Has HOA: No
Location
- Region: Warren
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $53,725
- Annual tax amount: $7,103
- Date on market: 5/11/2026
- Cumulative days on market: 52 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$121,000
Estimated sales range
$115,000 - $127,000
Rent Zestimate®
$1,348/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $125,000-7.4%$137/sqft |
Source: | ||
| 5/11/2026 | Listed for sale | $135,000+107.7%$148/sqft |
Source: | ||
| 2/28/2020 | Listing removed | $975$1/sqft |
Source: Team LBR, LLC. Report a problem | ||
| 1/7/2020 | Price change | $975-2.5%$1/sqft |
Source: Team LBR, LLC. Report a problem | ||
| 12/2/2019 | Listed for rent | $1,000$1/sqft |
Source: Team LBR, LLC. Report a problem | ||
| 10/16/2019 | Sold | $65,000+0.2%$71/sqft |
Source: Public Record Report a problem | ||
| 8/21/2019 | Listed for sale | $64,900$71/sqft |
Source: Ralph Roberts Realty LLC #219086302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,564 +73% | $56,850 +9.1% |
| 2024 | $2,060 +5.1% | $52,110 +41% |
| 2023 | $1,960 +2.5% | $36,970 +17.6% |
| 2022 | $1,912 +0.7% | $31,440 +4.4% |
| 2021 | $1,899 | $30,120 +10.4% |
| 2020 | $1,899 +80.4% | $27,280 +11.9% |
| 2019 | $1,053 +0.7% | $24,370 +4.3% |
| 2018 | $1,045 | $23,360 +1.5% |
| 2017 | -- | $23,020 |
| 2016 | -- | $23,020 +7.8% |
| 2015 | -- | $21,360 -6.4% |
| 2012 | -- | $22,830 |
| 2010 | -- | -- |
| 2009 | -- | $37,260 -14.8% |
| 2008 | -- | $43,710 -5.9% |
| 2007 | -- | $46,460 +1.6% |
| 2006 | -- | $45,710 +8.6% |
| 2005 | -- | $42,080 +0.8% |
| 2004 | -- | $41,750 +63.5% |
| 2001 | $903 +3.4% | $25,540 +3.2% |
| 2000 | $873 | $24,750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48089
Nearby schools
GreatSchools rating
- 3/10Pleasantview Elementary SchoolGrades: 3-5Distance: 1.7 mi
- 2/10East Detroit High SchoolGrades: 8-12Distance: 1.1 mi
- NAForest Park ElementaryGrades: K-2Distance: 2.2 mi
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Contact agent
- Michigan
- Macomb County
- Warren
- 48089
- 24560 Bolam Ave