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.
For sale
$239,900
7542 Meadow Ave, Warren, MI 48091
6beds
2,256sqft
Multi Family
Built in 1942
-- sqft lot
$234,200 Zestimate®
$106/sqft
$-- HOA
What's special
- 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#: 20261076376
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
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $239,900+9.1%$106/sqft |
Source: | ||
| 3/12/2026 | Listing removed | $219,900$97/sqft |
Source: eXp Realty #20261004604 Report a problem | ||
| 1/22/2026 | Listed for sale | $219,900+10%$97/sqft |
Source: | ||
| 2/10/2025 | Sold | $200,000-9.1%$89/sqft |
Source: | ||
| 1/23/2025 | Listed for sale | $219,995+144.4%$98/sqft |
Source: | ||
| 11/28/2018 | Listing removed | $700 |
Source: Strategy Property Management, LLC Report a problem | ||
| 10/24/2018 | Listed for rent | $700+7.7% |
Source: Strategy Property Management, LLC Report a problem | ||
| 1/16/2018 | Listing removed | $650 |
Source: Strategy Property Management, LLC Report a problem | ||
| 10/23/2017 | Listed for rent | $650+8.3% |
Source: Strategy Property Management, LLC Report a problem | ||
| 12/31/2016 | Listing removed | $90,000$40/sqft |
Source: GWH Properties LLC #216090960 Report a problem | ||
| 9/13/2016 | Listed for sale | $90,000$40/sqft |
Source: GWH Properties LLC #216090960 Report a problem | ||
| 11/4/2015 | Listing removed | $600 |
Source: Network Realty #215114927 Report a problem | ||
| 10/23/2015 | Listed for rent | $600 |
Source: Network Realty #215114927 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







