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    8086 Chalmers Ave Warren, MI 48089

    For Sale
    $215,000

    Fully renovated, two-unit income property, 100% occupied with immediate income.

    Lot size:
    0.10 Acres

    Property Features for 8086 Chalmers Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1940

    Source: Century 21 Curran & Oberski Agent Jiryes Jarrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex with Income Potential

    This is a renovated two-story colonial property featuring two units, each with 2 bedrooms and 1 bathroom. The units are currently 100% occupied, offering income potential. The lower unit is leased at $1,400 per month under a 1-year lease, and the upper unit is leased at $1,000 per month, bringing the total monthly income to $2,400. Flooring includes a mix of vinyl, wood, and carpet. The property includes a 2-car garage, a storage shed, and a fenced backyard. A beautiful enclosed porch adds charm and functionality to the home. A new roof was installed this year.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.024453
    Latitude
    42.456273

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    FAQs

    What type of property is this?
    Duplex - Fully renovated, two-unit income property, 100% occupied with immediate income.
    Where is this duplex located?
    The property is located at 8086 Chalmers Ave Warren, MI.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Fully renovated 2-unit income property, 100% occupied.; - Generates $2,400 in total monthly income from leases.; - New roof installed this year.
    (313) 942-9007
    Request Owner's contact information
    8086 Chalmers Ave Warren, MI 48089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8086 Chalmers Ave Warren, MI 48089
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