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For sale
  • $239,900

    7542 Meadow Ave, Warren, MI 48091

    6beds
    2,256sqft
    : 
    $2,054/mo
    Get pre-qualified
    Multi Family
    Built in 1942
    -- sqft lot
    $234,200 Zestimate®
    $106/sqft
    $-- HOA

    What's special

    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 expenditures 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.
    18 days
    187
    28

    Zillow last checked:

    Listing updated:

    Listed by:

    Zaid Kassab 248-346-1194,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20261076376MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,256 sqft
      • Finished area above ground: 2,256

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Pool features: None
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 35 x 117
      Details
      • Parcel number: 1333428006
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1942
      • Major remodel year: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Warren

      Financial & listing details

      • Price per square foot: $106/sqft
      • Tax assessed value: $3,320
      • Annual tax amount: $306
      • Date on market: 9/26/2026
      • Cumulative days on market: 18 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed

        Estimated market value

        $234,200

        $222,000 - $246,000

        $1,194/mo

        Price history

        DateEventPrice
        9/26/2026Listed for sale$239,900+9.1%$106/sqft
        Source: Realcomp II #20261076376 Report a problem
        3/12/2026Listing removed$219,900$97/sqft
        Source: eXp Realty #20261004604 Report a problem
        1/22/2026Listed for sale$219,900+10%$97/sqft
        Source: Realcomp II #20261004604 Report a problem
        2/10/2025Sold$200,000-9.1%$89/sqft
        Source: Realcomp II #20250005152 Report a problem
        1/23/2025Listed for sale$219,995+144.4%$98/sqft
        Source: Realcomp II #20250005152 Report a problem
        11/28/2018Listing removed$700
        Source: Strategy Property Management, LLC Report a problem
        10/24/2018Listed for rent$700+7.7%
        Source: Strategy Property Management, LLC Report a problem
        1/16/2018Listing removed$650
        Source: Strategy Property Management, LLC Report a problem
        10/23/2017Listed for rent$650+8.3%
        Source: Strategy Property Management, LLC Report a problem
        12/31/2016Listing removed$90,000$40/sqft
        Source: GWH Properties LLC #216090960 Report a problem
        9/13/2016Listed for sale$90,000$40/sqft
        Source: GWH Properties LLC #216090960 Report a problem
        11/4/2015Listing removed$600
        Source: Network Realty #215114927 Report a problem
        10/23/2015Listed for rent$600
        Source: Network Realty #215114927 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$237 -0.4%$5,010 +50.9%
        2025$238 -1%$3,320
        2024$240 +89.7%$3,320
        2023$127 -0.9%$3,320 +90.8%
        2022$128 -1.3%$1,740
        2021$130 $1,740
        2020$130 +3.1%$1,740
        2019$126 -1.5%$1,740
        2018$128 $1,740
        2017-- $1,740
        2016-- $1,740
        2015$238 $1,740
        2010-- --
        2009-- $2,490
        2008-- $2,490
        2007-- $2,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48091

        Getting around

        71 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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