12739 Sherman Ave Warren, MI 48089
Southeast Warren NeighborhoodEstimated payment $17,127/month
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 Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1953
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 56x106x56x106
Parking
- 1 Car Detached Garage
Home Design
- Slab Foundation
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 12-13-35-404-023
Community Details
Overview
- 19 Units
- John F Keys Keyslawn Estates Subdivision
Building Details
- Net Operating Income $159,529
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,710 | $39,340 | $0 | $0 |
| 2024 | $17 | $37,640 | $0 | $0 |
| 2023 | $1,600 | $28,160 | $0 | $0 |
| 2022 | $1,568 | $23,530 | $0 | $0 |
| 2021 | $1,531 | $22,230 | $0 | $0 |
| 2020 | $1,497 | $20,540 | $0 | $0 |
| 2019 | $1,037 | $19,080 | $0 | $0 |
| 2018 | $0 | $19,240 | $0 | $0 |
| 2017 | $1,261 | $18,820 | $2,660 | $16,160 |
| 2016 | $1,153 | $18,820 | $0 | $0 |
| 2015 | -- | $19,330 | $0 | $0 |
| 2012 | -- | $16,410 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $3,150,000 | +6900.0% | $3,621 / Sq Ft | |
| 08/15/2018 08/15/18 | Sold | $45,000 | +0.2% | $53 / Sq Ft | View Prior Sale |
| 07/20/2018 07/20/18 | Pending | -- | -- | -- | |
| 07/02/2018 07/02/18 | For Sale | $44,900 | -- | $53 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | Chirco Title Agency Inc | |
| Warranty Deed | $45,000 | Venture Title Agency | |
| Warranty Deed | $60,000 | Colonial Title Company | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $67,264 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $90,000 | Lamont Rhodes Title Agency L | |
| Deed | $78,000 | -- | |
| Deed | $59,950 | -- | |
| Deed | $42,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $77,300 | Purchase Money Mortgage | |
| Previous Owner | $39,900 | New Conventional |
Source: Michigan Multiple Listing Service
MLS Number: 50212575
APN: 12-13-35-404-023
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Ask me questions while you tour the home.