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    8051 Racine Rd Warren, MI 48093

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    For Sale
    $264,000

    Two-unit income property with hardwood floors and separate laundry.

    Lot size:
    0.14 Acres

    Property Features for 8051 Racine Rd

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1950

    Source: Keller Williams Realty Great Lakes Agent David W. Schultes

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

    Overview

    Spacious Two-Family Income Property

    This two-family income property features hardwood flooring throughout both the lower and upper units. The lower unit includes a possible third bedroom or office adjacent to the living room, along with a large enclosed porch, stove, and refrigerator. The upper unit also has kitchen appliances and a small balcony off the kitchen. The basement is accessible from both the lower unit and a rear outside entrance. Separate laundry facilities are provided, with a washer and dryer for each tenant. A half bath and separate storage lockers are located in the basement. The property is located in northern Warren, near the GM Tech Center and the City Municipal Complex, with shopping and bus lines within walking distance.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.027575
    Latitude
    42.5099606

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    FAQs

    What type of property is this?
    Duplex - Two-unit income property with hardwood floors and separate laundry.
    Where is this duplex located?
    The property is located at 8051 Racine Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $264,000.
    What are key features of this property?
    This property features: - Income-generating two-family property.; - Ideally located near GM Tech Center, City Municipal Complex, shopping, and bus lines.; - Hardwood flooring throughout both units.
    (586) 942-2428
    Request Owner's contact information
    8051 Racine Rd Warren, MI 48093
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    Warren, MI 48093
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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
    8051 Racine Rd Warren, MI 48093
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