For sale
  • Price cut: $15K (7/14)
    $480,000

    1769 W Warren Ave, Detroit, MI 48208

    5beds
    2,238sqft
    : 
    Duplex
    Built in 1905
    -- sqft lot
    $289,600 Zestimate®
    $214/sqft
    $-- HOA

    What's special

    On-street parkingSolid brick exteriorCovered front porchAsphalt roofFull upstairs unit renovationUpper-level balcony
    Investor’s Dream Opportunity in Detroit! Welcome to 1769 W Warren Ave, a beautifully maintained duplex in the heart of Detroit with a solid income stream and built-in management. This charming brick property, originally constructed in 1905, offers over 2,200 square feet of living space across two spacious units — a 2-bed/1-bath lower unit and a 3-bed/1-bath upper unit — each approximately 1,000 sq ft. The lower unit is currently tenant-occupied, with the lease expiring on August 1. The tenant has confirmed they will be vacating at that time. The owner is actively marketing the unit at $1,400/month, which is projected to increase the average monthly rental income to $3,900. Property features include:     •    Covered front porch and upper-level balcony     •    On-street parking     •    Cable available utilities     •    Updated with circuit breakers, asphalt roof, and solid brick exterior     •    Zoned for multifamily use Significant updates include approximately $50k in renovations completed in 2017, including whole house electrical and plumbing, full upstairs unit renovation, and installation of two new AC units (one for each unit). Foundation was professionally redone two years ago with a $17k investment, providing long term structural peace of mind. Conveniently located just minutes from major freeways, downtown Detroit, and local amenities, this property offers investors a chance to own a well-positioned asset with immediate cash flow and future appreciation potential. Whether you’re expanding your portfolio or entering the Detroit market, this income-producing duplex is the smart buy you’ve been waiting for.
    42 days
    on Zillow
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