21857 Le Fever Avenue, Warren, MI 48091
MULTI_FAMILY - Other - Warren, MI
- Added:
- Jan 27, 2026
- Days on Market:
- 147
- Last Refresh:
- Jun 23 at 10:06 am
Property Features for 21857 Le Fever Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Pets allowed
- Call
- Interior features
- Smoke Alarm
- Exterior features
- Awning/Overhang(s)
- Standard status
- Active
- APN
- 1332153035
- Size
- 1,418 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- SUPERVISORS PLAT OF HIGHLAND FARMS LOT 43 EXC S 102.0 FT. L19 P32
- Tax Annual Amount
- 5954
Utilities
- Heating system
- Radiant, Baseboard
- Cooling system
- Window Unit(s), Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Melanie S Bishop License #6501217402 (248) 590-0800
Listing office KW Domain 210 S Old Woodward Ave Suite 200, Birmingham, MI (248) 590-0800
Listing date Jan 27, 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
- Income‑generating multifamily property with long‑term tenants.
- Tastefully updated upper unit with newer flooring.
- Lower unit features hardwood floors and an open floor plan.
- Newer updates include roof, windows, boiler and hot water heaters.
- Spacious units, each with two bedrooms and one full bath.
- Generously sized kitchen in lower unit with a cozy nook.
Overview
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 | $21.3k | $15.00 |
| − Vacancy | −$1.4k | −$0.98 |
| EGI | $19.9k | $14.03 |
| − OpEx | −$6.0k | −$4.21 |
| NOI | $13.9k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.060202
- Latitude
- 42.456086
