1940 Pearl Ave Warren, MI 48091
Southwest Warren NeighborhoodEstimated payment $1,192/month
Highlights
- Colonial Architecture
- Ceiling Fan
- Baseboard Heating
- Porch
About This Home
Cash-Flowing Duplex – Turnkey Investment Opportunity! Welcome to 1940 Pearl Ave, a well-maintained duplex featuring two spacious 2-bedroom, 1-bath units. This property is a true cash flow opportunity for any investor looking to add a strong income-producing asset to their portfolio. Lower Unit: Currently rented at $1,050/month. Upper Unit: Ready to lease, with rental potential of $1,000/month. That’s a combined potential of $2,050/month in gross rental income—an immediate return on investment from day one. The property already has its rental certificate in place, saving you time and hassle. With steady rental demand in the area, this duplex offers both security and strong returns for years to come. Don’t miss out on this great investment—schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1941 | Remodeled in 2025
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60 x 138
- Back Yard Fenced
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 1,788 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Crawl Space
Parking
- 4 Parking Spaces
- Paved Parking
- On-Street Parking
Outdoor Features
- Exterior Lighting
- Porch
Utilities
- Back Up Electric Heat Pump System
- Baseboard Heating
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1331151013
Community Details
Overview
- 2 Units
- Omeara Subdivision
Pet Policy
- Limit on the number of pets
- Breed Restrictions
- The building has rules on how big a pet can be within a unit
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,852 | $74,260 | $0 | $0 |
| 2024 | $2,793 | $65,470 | $0 | $0 |
| 2023 | $2,655 | $43,550 | $0 | $0 |
| 2022 | $2,512 | $37,040 | $0 | $0 |
| 2021 | $2,576 | $34,990 | $0 | $0 |
| 2020 | $2,477 | $33,470 | $0 | $0 |
| 2019 | $1,769 | $31,100 | $0 | $0 |
| 2018 | $1,700 | $19,770 | $0 | $0 |
| 2017 | $1,149 | $19,350 | $3,250 | $16,100 |
| 2016 | $1,127 | $19,350 | $0 | $0 |
| 2015 | -- | $18,490 | $0 | $0 |
| 2013 | $2,208 | $15,380 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $179,000 | +156.1% | $100 / Sq Ft |
| 05/22/2019 05/22/19 | Sold | $69,900 | 0.0% | $39 / Sq Ft |
| 05/02/2019 05/02/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $69,900 | +58.9% | $39 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $44,000 | -11.8% | $25 / Sq Ft |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- |
| 10/20/2017 10/20/17 | Price Changed | $49,900 | -9.1% | $28 / Sq Ft |
| 09/27/2017 09/27/17 | Price Changed | $54,900 | -8.3% | $31 / Sq Ft |
| 09/21/2017 09/21/17 | For Sale | $59,900 | +36.1% | $34 / Sq Ft |
| 08/08/2017 08/08/17 | Off Market | $44,000 | -- | -- |
| 07/25/2017 07/25/17 | Price Changed | $59,900 | -14.3% | $34 / Sq Ft |
| 06/23/2017 06/23/17 | Price Changed | $69,900 | -22.2% | $39 / Sq Ft |
| 05/20/2017 05/20/17 | For Sale | $89,900 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $69,900 | Fidelity National Title | |
| Warranty Deed | $44,000 | Abstract Title Agency | |
| Deed | $31,000 | -- |
Source: Realcomp
MLS Number: 20251035399
APN: 12-13-31-151-013
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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