21925 Elroy AVE, Warren, MI 48089

Warren
Local realty services provided by:ERA Prime Real Estate Group
21925 Elroy AVE,Warren, MI 48089
$3,150,000
  • 3 Beds
  • 1 Baths
  • 900 sq. ft.
  • Multi-family
  • Active
Listed by: travis c scott, macey scott
Office: exp realty
MLS#:5050212574
Source:MI_REALCOMP

Price summary

  • Price:$3,150,000
  • Price per sq. ft.:$3,500

About this home

This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering...

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Home facts

  • Year built:1954
  • Subdivision & Development:KAISER GARDENS SUB
  • Listing ID #:5050212574
  • Added:51 day(s) ago
  • Updated:August 12, 2026 at 10:09 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:900 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Separate Meters

Structure and exterior

  • Year built:1954
  • Building area:900 sq. ft.
  • Lot area:0.14 Acres
  • Foundation Description:Slab
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,150,000
  • Price per sq. ft.:$3,500
  • Tax amount:$1,762
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