Monroe MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,993
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1895
Baths:
4.00
MLS#:
50154864
Subdivision:
Rauch

ADDITIONAL INFORMATION

Welcome to this versatile 4-unit multi-family property, perfectly suited for both investors and owner-occupants. Each unit offers its own unique features and potential, making this an ideal addition to your real estate portfolio. Property Highlights: â?¢ Unit 1 & 2: These well-maintained units come with convenient washer and dryer hookups, providing added value and comfort for tenants. Each unit benefits from separate gas and electric meters, offering individual control over utility expenses. â?¢ Unit 3 & 4: Enjoy the simplicity of shared water and heating systems, with the added benefit of a cohesive layout. â?¢ Basement: A spacious basement provides additional storage options and potential for future improvements or expansion. â?¢ Utility Details: While water is metered centrally, Units 1 & 2 have their own gas and electric meters, which can streamline management and billing. This property is ideally located in a desirable neighborhood, offering easy access to local amenities and transportation. With a solid rental history and the potential for steady income, it presents a great opportunity for investors looking to maximize returns. Donâ??t miss out on this rare findâ??schedule a viewing today to explore all the possibilities this multi-family home has to offer!

Type:
Multi-Family
Sq.Ft.:
1,660
Status:
Active
Beds:
n/a
Lot size:
0.39 Acres
Baths:
2.00
MLS#:
50153251
Subdivision:
Gaertner

ADDITIONAL INFORMATION

Wow!! What a unique oportunity for you to be your own Landlord.!!! Live in one unit and have your tenant help with the mortgage.!! Upper and lower duplex. Each unit has its own gas and electric!! seprate furnaces and HWT!!! This is a Fannie Mae HomePath property. Call your Realtor fou your tour today!!!

Type:
Multi-Family
Sq.Ft.:
1,638
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1942
Baths:
3.00
MLS#:
50152323
Subdivision:
N/A

ADDITIONAL INFORMATION

If You've been looking for Passive Income...You've Found It! This Side by Side 1 Story Duplex is Ready to provide you with CASH FLOW! Unit 1 has 3 Bedrooms and 2 Bathrooms. Unit 2 has 3 Bedrooms and 1 Bathroom. Both units have laundry facilities and seperate gas, electric and water.

Type:
Multi-Family
Sq.Ft.:
1,862
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1913
Baths:
3.00
MLS#:
50150888
Subdivision:
Old Village West Of Monroe St

ADDITIONAL INFORMATION

Well maintained 2 story rental units with maintenance man occupying basement apartment. Unit 2 rented out to same long term tenants on month to month basis. Off street parking in driveway in front and parking area in back off alley. Separate entrances to all 3 units. Within short walking distance to downtown Monroe.

Type:
Multi-Family
Sq.Ft.:
3,028
Status:
Active
Beds:
n/a
Lot size:
1.32 Acres
Year built:
1875
Baths:
3.00
MLS#:
60318832
Subdivision:
SUPRVR'S PLAT NO 1 - MONROE TWP

ADDITIONAL INFORMATION

It is a fantastic investment property. Rent all 3 units out or live in one and rent the others. So many options. All units currently rented. Beautifully maintained and spacious units. 3 car garage, full basement shared access for main floor units, upper unit access from outside. Huge lot. Upper unit has a large attic for storage. Unit 1: Main floor: 2 bedrooms, 1.5 baths, rented for 800$/Month. Unit 2: Upper: 2 bedrooms, 1 bath, rented for 875$/Month. Unit 3: Main Floor living space with 1 bath rented for 700$/Month

Type:
Multi-Family
Sq.Ft.:
1,708
Status:
Active
Beds:
n/a
Lot size:
0.9 Acres
Baths:
2.00
MLS#:
50136828
Subdivision:
N/A

ADDITIONAL INFORMATION

Duplex now available! Great investment property or perfect to house hack for a lower mortgage payment. Both units currently rented at $800/mo. Total income is $1,600/month. Tenants pay all utilities except water and refuse. Showings approved after proof of funds and accepted offer.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Monroe Real Estate

The median home value in Monroe, MI is $205,000. This is higher than the county median home value of $160,700. The national median home value is $219,700. The average price of homes sold in Monroe, MI is $205,000. Approximately 57.97% of Monroe homes are owned, compared to 32.45% rented, while 9.59% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monroe real estate agent to arrange a tour today!

Monroe, Michigan has a population of 20,128. Monroe is more family-centric than the surrounding county with 28.65% of the households containing married families with children. The county average for households married with children is 28.44%.

The median household income in Monroe, Michigan is $47,559. The median household income for the surrounding county is $59,479 compared to the national median of $57,652. The median age of people living in Monroe is 35.8 years.

Monroe Weather

The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 34.6 inches per year, with 39 inches of snow per year.

Monroe Real Estate Market Conditions

  • Median sales price

    $205,000
    4.77% change since last quarter
  • # Active listings

    228
    30-day change

Monroe Schools and Demographics

Education near Monroe, MI

Metric City County
High School Graduates 88.76 90.46
College Degree - 2 year 10.49 11.27
College Degree - 4 year 19.87 18.56
Graduate Degree 6.86 5.07
Expenditures per Student 9,679 11,342
Students per Teacher 20.4 18.7

Elementary Schools near Monroe, MI

School Grades Students P/T Ratio ZIP
Arborwood Elementary School PK - 06 716 20.1 48162
Custer Elementary School PK - 06 1,050 20.4 48161
Ida Elementary School PK - 04 466 16.9 48140
Jackman Road Elementary School KG - 05 649 19.3 48182
Manor Elementary School PK - 06 469 19.2 48162
Mason Central School PK - 05 509 19.6 48133
Raisinville School PK - 06 423 20.9 48162
Riverside Learning Center PK - PK 0 48162
SODT Elementary School KG - 04 360 15 48162
Triumph Academy KG - 08 662 20.1 48162
Waterloo School PK - 06 298 19.2 48161

Middle Schools near Monroe, MI

School Grades Students P/T Ratio ZIP
Bedford Junior High School 06 - 08 1,104 21.4 48182
Ida Middle School 05 - 08 453 19.5 48140
Jefferson Elementary 5th/6th 05 - 06 287 18.4 48162
Jefferson Middle School 07 - 08 317 19.4 48162
Mason Middle School 05 - 09 268 20.4 48133
Monroe County Isd - Local Based Spec Ed Programs PK - 12 522 8.4 48161
Monroe Middle School 07 - 08 893 23.2 48161

High Schools near Monroe, MI

School Grades Students P/T Ratio ZIP
Bedford Senior High School 09 - 12 1,557 21 48182
Ida High School 09 - 12 526 21.5 48140
Jefferson High School 09 - 12 676 21.6 48162
Mason Senior High School 09 - 12 371 18.8 48133
Monroe County Middle College 09 - 12 249 35.6 48161
Monroe High School 09 - 12 1,841 21 48161

Ungraded Schools near Monroe, MI

School Grades Students P/T Ratio ZIP
Monroe County Education Center KG - 12 99 4.7 48161
Monroe County Transition Center UG - UG 43 10.8 48161
Monroe County Youth Center 05 - 12 13 6.5 48161
Orchard Center High School 06 - 12 182 30.3 48161

Demographics near Monroe, MI

Metric City County
Neighborhood Type Suburban
Population 20,128 149,619
Population Density 2,225 272
Median Age 35.8 42.2
People per Household 2.5 2.5
Median Household Income 47,559 59,479
Average Income per Capita 24,038 29,245