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Bungalow Duplex with Two Units
For Sale
$139,000

8033 JACKSON Avenue, Warren, MI 48089

MULTI_FAMILY - Bungalow - Warren, MI

Property Size1,250 SF
Lot Size0.06 Acres
Price / SF$111.20
Days on Market123

Property Features for 8033 JACKSON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bathroom 1
Subdivision A J CHRISTES
Elementary school district Van Dyke
Middle school district Van Dyke
High school district Van Dyke
Directions Turn left onto East 9 Mile Road, then right onto Nagel Street. Finally, turn left onto Jackson Avenue, and the destination will be on your right.
Standard status Active
APN 1334352020
Size 1,250 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description A J CHRISTE'S SUBDIVISION LOT 19 L21 P235
Tax Annual Amount 2030
Legal Description A J CHRISTE'S SUBDIVISION LOT 19 L21 P235

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Building materials Aluminum
Roof type Asphalt
Architectural style Bungalow
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Kevin Mahone · License #MISPE-6501414475
Added: Apr 6 Changed: Aug 3 Last Checked: Aug 6 at 12:06AM
MLS# 20261022363

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.

Investment Insights

Based on property information with market context.

This bungalow duplex offers two units with two bedrooms and one full bathroom each. The upper unit is tenant-occupied, while the lower unit is vacant, clean, and ready for occupancy. Tenants pay their own utilities, and water expenses are billed back.

The property sits on a 0.06-acre lot and includes 1,250 square feet of total space. Built in 1965, the duplex features forced-air heating, public water, an asphalt roof, and aluminum construction materials. Recent updates include a newer HVAC system and water heater.

Operationally, tenants handle snow removal and lawn maintenance is minimal. The duplex is described as conveniently located near shopping, dining, and major roadways, supporting a practical layout for an investor or an owner-occupant.

Key Highlights

  • Two‑unit bungalow duplex with two bedrooms and one full bathroom per unit
  • Upper unit tenant‑occupied; lower unit vacant and ready for occupancy
  • Tenants pay their own utilities; water expenses billed back

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.8k $15.00
− Vacancy −$1.2k −$0.98
EGI $17.5k $14.03
− OpEx −$5.3k −$4.21
NOI $12.3k $9.82
1,250 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$175.3K
$153.4K – $204.5K (±1% cap)
NOI $12,272 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$163.2K
$142.8K – $190.4K (±1% cap)
NOI $11,424 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$275.8K
$241.3K – $321.7K (±1% cap)
NOI $19,303 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 48089, MI

32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit bungalow in Warren with forced-air heat, public water, one unit tenant-occupied and one vacant for occupancy.
Where is this duplex located?
The property is located at 8033 JACKSON Avenue Warren, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two‑unit bungalow duplex with two bedrooms and one full bathroom per unit; Upper unit tenant‑occupied; lower unit vacant and ready for occupancy; Tenants pay their own utilities; water expenses billed back
More about this property
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