About This Home

This 6-bedroom, 2-bathroom residential multi family at 7542 Meadow Avenue in Warren, MI is listed for $239,900 ($106 per sqft). Built in 1942, the home offers 2,256 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1942
  • 0.09 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1942
Listing Description

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.

Monthly Cost Estimate

$1,283/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

7542 Meadow Avenue

Warren, MI 48091

Property Details

Construction

Aluminum

Heating

Forced Air

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 7542 Meadow Avenue is listed at $239,900 ($106/sqft). The estimated monthly payment is $1,283 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.09 acre lot, 2 stories, 2 parking spaces.

This property is listed by Zaid Kassab.

ZK

Zaid Kassab

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 501-7085 · View on Broker Site

MLS# 20261076376· Source: Realcomp Limited II· 39 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7542 Meadow Avenue, Warren, MI 48091

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