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Multifamily Property: Investment Opportunity
For Sale
$139,000

8033 JACKSON Ave, Warren, MI 48089

Two units, tenant-occupied and vacant, great investment opportunity.

Days on Market101

Property Features for 8033 JACKSON Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1965
Listing Agency: SCS Great Lakes INC
Listed By: Kevin Mahone · License #MISPE-6501414475
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 9:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCS Great Lakes INC

Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity, featuring two units, each with 2 bedrooms and 1 full bathroom. The upper unit is currently tenant-occupied with a reliable tenant, providing immediate rental income. The lower unit is vacant and ready for occupancy. Each tenant is responsible for their own utilities, with water expenses billed back to enhance cash flow. Recent updates include a newer HVAC system and water heater. Tenants handle snow removal, and lawn maintenance is minimal. The property is located near shopping, dining, and major roadways. The bike score is 63, indicating it is bikeable, and the walk score is 77, indicating it is very walkable.

Key Highlights

  • Immediate rental income from tenant‑occupied upper unit.
  • Vacant lower unit is ready for occupancy.
  • Tenants pay their own utilities, with water billed back.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two units, tenant-occupied and vacant, great investment opportunity.
Where is this duplex located?
The property is located at 8033 JACKSON Ave Warren, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Immediate rental income from tenant‑occupied upper unit.; Vacant lower unit is ready for occupancy.; Tenants pay their own utilities, with water billed back.
More about this property
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