21925 Elroy AVE Warren MI 48089 MLS #5050212574

21925 Elroy AVE
Warren, MI, 48089
$3,150,000
3 Beds
1 Baths
900 SqFt
0.14 Acres
Add
MLS #5050212574 image #0
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

Price:
$3,150,000
MLS #:
5050212574
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
KAISER GARDENS SUB
Neighborhood:
area03131warren
Listed Date:
Jun 18, 2026
Finished Sq Ft:
900
Year Built:
1954
Short SaleArea03131warrenArea03131warrenKaiser Gardens SubEastdetroit

Ask a Question

See this Listing

Send
  

Schools

School District:
EastDetroit

Interior

Above Grade Finished Area
900
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas, Separate Meters
Levels
Two

Exterior

Financial

Net Operating Income
$159,529
Taxes
$1,762

Map

Community

Subdivisions in Warren

Market Summary

Current real estate data for Single Family in Warren as of Jul 04, 2026
471
Single Family Listed
67
Avg DOM
155
Avg $ / SqFt
$226,105
Avg List Price

Property Summary

    Located in the KAISER GARDENS SUB subdivision, 21925 Elroy AVE Warren MI is a Single Family for sale in Warren, MI, 48089. It is listed for $3,150,000 and features 3 beds, 1 baths, and has approximately 900 square feet of living space, and was originally constructed in 1954. The current price per square foot is $3,500. The average price per square foot for Single Family listings in Warren is $155. The average listing price for Single Family in Warren is $226,105. To schedule a showing of MLS#5050212574 at 21925 Elroy AVE in Warren, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

Similar Listings Nearby

broker reciprocity
MLS# 5050212597broker reciprocity
22456 Gascony AVE
East Pointe, MI

$3,150,000

2.1 miles away

broker reciprocity
MLS# 5050212590broker reciprocity
23021 Almond AVE
East Pointe, MI

$3,150,000

2.6 miles away

broker reciprocity
MLS# 5050212582broker reciprocity
15687 Ash AVE
East Pointe, MI

$3,150,000

1.1 miles away

broker reciprocity
MLS# 5050212580broker reciprocity
11043 Hupp AVE
Warren, MI

$3,150,000

1.8 miles away

broker reciprocity
MLS# 5050212575broker reciprocity
12739 Sherman AVE
Warren, MI

$3,150,000

0.9 miles away

broker reciprocity
MLS# 5050212569broker reciprocity
19537 E 12 Mile RD
Roseville, MI

$3,150,000

4.7 miles away

broker reciprocity
MLS# 5050212568broker reciprocity
21751 Bournemouth ST
Harper Woods, MI

$3,150,000

4.0 miles away

broker reciprocity
MLS# 20261044197broker reciprocity
18029 SCHOENHERR Street
Detroit, MI

$2,999,999

2.1 miles away

broker reciprocity
MLS# 20261044189broker reciprocity
18036 SCHOENHERR Street
Detroit, MI

$2,999,999

2.1 miles away

21925 Elroy AVE
Warren, MI