8033 JACKSON Avenue, Warren, MI 48089
MULTI_FAMILY - Bungalow - Warren, MI
- Added:
- Apr 6, 2026
- Days on Market:
- 71
- Last Refresh:
- Jun 15 at 6:06 am
Property Features for 8033 JACKSON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bedroom 4
- 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
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 agent Kevin Mahone License #MISPE-6501414475 (586) 541-4000
Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI (586) 541-4000
Listing date Apr 6, 2026
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.
HighLights
- Two‑unit multifamily with two 2‑bedroom, 1 full‑bath units
- Upper unit is tenant‑occupied; lower unit is vacant and ready for occupancy
- Tenants pay their own utilities; water is billed back
- Recent updates include a newer HVAC system and water heater
- Built in 1965 with bungalow architectural style
- Forced‑air heating; aluminum exterior; asphalt roof; public water source
Overview
The property is zoned commercial and is located in Warren, Michigan, in Macomb County, with the address at 8033 Jackson Avenue (48089). The listing notes convenient proximity to shopping, dining, and major roadways.
This setup can fit investors or owner-occupants looking to live in one unit while the other generates rental income, with practical day-to-day separation of utility responsibility. The presence of a vacant, move-in-ready lower unit may also appeal to buyers seeking flexibility for occupancy timing. As presented, the property’s straightforward two-family layout and recent mechanical updates offer a solid foundation for an income-focused strategy.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.024354
- Latitude
- 42.450185
