Monroe MI Multi Family for Sale

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Open House:

Sunday, 11/10 1:00-3:00PM

Type:
Multi-Family
Sq.Ft.:
3,788
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1883
Baths:
4.00
MLS#:
50160441
Subdivision:
Monroe Village East Of Monroe St

ADDITIONAL INFORMATION

Prime investment opportunity! TWINPLEX... Live in one unit and rent the other or rent them both! This multifamily property offers excellent income potential in a desirable, centrally located neighborhood. Each unit, (north side unit is 3 bedroom 1 1/2 baths south side unit 4 bedroom 1 1/2 baths) provides spacious layouts with appealing features, ideal for attracting long-term tenants. Just minutes from Monroe's downtown area, residents will enjoy easy access to shops, dining, schools, and parks. With strong rental demand in the area proximity to major highways for commuters, this property is a great addition to any portfolio. Don't miss out on this solid, income-generating asset in a thriving community!

Type:
Multi-Family
Sq.Ft.:
9,193
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.85 Acres
Year built:
1963
Baths:
15.00
MLS#:
50160429
Subdivision:
Southfield Village

ADDITIONAL INFORMATION

11 unit rental building all units feel like mini condos. 3 three bedroom units and 8 two bedroom units. Three bedroom units all have 1.5 baths. One of the three bedroom units has a 2 car attached garage. Many long term tenants, roof was replaced in 2022. Apartments all back up to a large court yard. Great location with easy access to I 75 and a nice quiet location.

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. 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. Unit 2: Upper: 2 bedrooms. Unit 3: Main Floor living space with 1 bath

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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 $183,600. This is lower than the county median home value of $209,200. The national median home value is $338,100. The average price of homes sold in Monroe, MI is $183,600. Approximately 62.9% of Monroe homes are owned, compared to 30.8% rented, while 6.29% 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 48161 has a population of 20,344. Monroe 48161 is less family-centric than the surrounding county with 24.51% of the households containing married families with children. The county average for households married with children is 27.13%.

The median household income in Monroe, Michigan 48161 is $53,644. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Monroe 48161 is 37.9 years.

Monroe Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 34.4 inches per year, with 37.4 inches of snow per year.

Monroe Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    143
    30-day change

Monroe Schools and Demographics

Education near Monroe, MI

Metric City County
High School Graduates 90.65 91.5
College Degree - 2 year 11.42 12.18
College Degree - 4 year 19.92 21.65
Graduate Degree 6.61 6.24
Expenditures per Student 12,425 12,425
Students per Teacher 17.8 17.8

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
Manor Elementary School PK - 06 469 19.2 48162
Raisinville School PK - 06 423 20.9 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
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
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
Ida High School 09 - 12 526 21.5 48140
Jefferson High School 09 - 12 676 21.6 48162
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 48161

Metric Zip Code City
Neighborhood Type Suburban
Population 20,344 154,068
Population Density 2,249 281
Median Age 37.9 42.8
People per Household 2.4 2.5
Median Household Income 53,644 68,006
Average Income per Capita 27,291 34,608