Buy&Hold (Rentals): 24 Single Family Home Portfolio, Macomb County, MI + $3,200,000

Promise Land Realty
Jun 21
3 min read

Single Family Investment Opportunity

Price

$3,200,000

OFF-MARKET | 24-Home Single Family Portfolio | Macomb County, MI

| $3,200,000 | 10% CAP RATE

An exceptional opportunity to acquire a performing, cash-flowing portfolio of 24 tenant-occupied single-family homes across high-demand areas in Warren, Eastpointe, Roseville, Saint Clair Shores, and Hazel Park — prime submarkets within Macomb County, Michigan.

This package offers immediate returns with a current gross monthly rent of $29,070 and projected rents of $31,025/month, supporting a strong 9% cap rate at the asking price of $3.4M.

Portfolio Overview (Address | Current Monthly Rent):

11526 Cadillac Ave, Warren, MI 48089 – $1,075
8662 Dodge Ave, Warren, MI 48089 – $1,300
2695 Emmons Ave, Warren, MI 48091 – $900
25072 Firwood Ave, Warren, MI 48089 – $1,200
21607 Fresard St, Saint Clair Shores, MI 48080 – $1,500
22029 Gascony Ave, Eastpointe, MI 48021 – $1,400
20735 Gentner St, Warren, MI 48089 – $1,250
4954 Gerald St, Warren, MI 48092 – $1,350
13877 Hartill Ave, Warren, MI 48089 – $1,225
21278 Helle Ave, Warren, MI 48089 – $1,050
21519 MacArthur Blvd, Warren, MI 48089 – $1,500
463 W Milton Ave, Hazel Park, MI 48030 – $1,200
22862 Oaklane St, Warren, MI 48089 – $900
28461 Pinehurst St, Roseville, MI 48066 – $1,100
13515 Prospect Ave, Warren, MI 48089 – $1,350
28727 Rosemont St, Roseville, MI 48066 – $1,200
22804 Roxanna Ave, Eastpointe, MI 48021 – $1,325
22852 Sharrow Ave, Warren, MI 48089 – $1,300
13163 Sidonie Ave, Warren, MI 48089 – $1,100
15013 Stephens Dr, Eastpointe, MI 48021 – $1,300
8024 Stephens Rd, Warren, MI 48089 – $1,100
11340 Studebaker Ave, Warren, MI 48089 – $975
12805 Vernon Ave, Warren, MI 48089 – $1,170
21417 Waltham Rd, Warren, MI 48089 – $1,300

Financial Highlights:

Asking Price: $3,200,000
Cap Rate: 10%
Current Monthly Rent: $29,070
Projected Monthly Rent: $31,025
Primarily 2–4 Bedroom Units
Value-add potential via modest rent increases
Homes feature basements, garages, and strong layouts

Perfect for midwest-focused SFR portfolio buyers, 1031 exchange investors, or groups seeking turnkey income in Detroit’s top rental markets.

Submit all offers to: investments@promiselandrealtyllc.com

Property Map

TEAM PROMISELAND DISCLAIMER

This is a confidential off-market opportunity provided exclusively by Team Promiseland. No party is authorized to market or distribute the contents of this listing without express written permission. Unauthorized use or dissemination will result in a $500 penalty per occurrence.

All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.

OFFICIAL PROMISELAND LENDING PARTNER