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2 Baths
2,256 sqft

$239,900

7542 Meadow Avenue, Warren MI, 48091 3020

Price per sqft$106.34
Built in1942
Property size2,256 sqft
Property typeResidential

Overview

Active

Listed Sep 26, 2026

Updated 7 days ago

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.

$1,596/mo

Est. mortgage payment based on a $239,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61033217

Interior Features

Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$307
Tax Frequency
Annually
MLS provider logo

Listed by Zaid Kassab with EXP Realty Main
Listing Contact: 248-346-1194 

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/12/2026 at 10:50 PM UTC

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