Renovated Duplex with Private
14926 E 10 Mile Road, Warren, MI 48089
For Sale
$349,900
Multifamily, 2 Story, Warren, MI
Property Size2,106 SF
Lot Size0.21 Acres
Price / SF$166.14
Days on Market54
Property Features for 14926 E 10 Mile Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Pets allowed
Interior features
Exterior features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Individually Metered Utilities
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Lakeside · Keller Williams Realty
(586) 532-0500
Listed By:
Matthew Cervone
(586) 242-8054
Added: Sep 15
Changed: Oct 26
Last Checked: Nov 7 at 2:06AM
MLS# 20261074640
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.
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Investment Insights
Based on property information with market context.
This 2,106-square-foot duplex in Warren, Michigan, includes two independent residential units with separate entrances, driveways, kitchens, bathrooms, laundry areas, and electric meters. The lower unit is approximately 1,300 square feet with three bedrooms, one bathroom, a formal dining area, and a spacious living room. The upper unit is approximately 800 square feet with two bedrooms, one bathroom, and a walk-in closet in the primary bedroom.
Renovations include kitchens, bathrooms, plumbing, electrical systems, and flooring updated in 2021, along with a new furnace and AC and new siding. The roof, outdoor patio, and stairs were completed in 2023. The property has operated as a short-term rental since 2022 and can also support long-term rental use or owner occupancy. Furnishings are negotiable.
Renovations include kitchens, bathrooms, plumbing, electrical systems, and flooring updated in 2021, along with a new furnace and AC and new siding. The roof, outdoor patio, and stairs were completed in 2023. The property has operated as a short-term rental since 2022 and can also support long-term rental use or owner occupancy. Furnishings are negotiable.
Key Highlights
- 2,106‑square‑foot duplex on a 0.21‑acre lot
- Lower unit is approximately 1,300 square feet with 3 bedrooms and 1 bathroom
- Upper unit is approximately 800 square feet with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,676
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,520
$413.5K
Cap Rate 7%
$295,371
$295.4K
Cap Rate 9%
$229,733
$229.7K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$31.6K $15.00/SF
− Vacancy
−$2.1K −$0.98/SF
EGI
$29.5K $14.03/SF
− OpEx
−$8.9K −$4.21/SF
NOI
$20.7K $9.82/SF
Area
Warren, MI
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,520
Cap Rate 7%
$295,371
Cap Rate 9%
$229,733
Alternative Uses
Best Use
Multifamily LT 5
$295.4K
$258.5K – $344.6K
NOI $20,676 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$275.0K
$240.6K – $320.8K
NOI $19,247 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$464.6K
$406.5K – $542.0K
NOI $32,521 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
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Business Placement
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
$117,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Macomb County, MI
Properties on Market for Duplexes in Macomb County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units offer private laundry, kitchens, bathrooms, and individual driveways.
Where is this duplex located?
The property is located at 14926 E 10 Mile Road Warren, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,106‑square‑foot duplex on a 0.21‑acre lot; Lower unit is approximately 1,300 square feet with 3 bedrooms and 1 bathroom; Upper unit is approximately 800 square feet with 2 bedrooms and 1 bathroom
