Monroe MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,560
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1927
Baths:
3.00
MLS#:
60343908
Subdivision:
WINKWORTHS ADD

ADDITIONAL INFORMATION

Welcome to your next cash-flowing gemââ?¬â??a fully rented duplex with reliable returns. The lower unit, leased through August 31, 2026, features a cozy 1 bed, 1 bath layout with a spacious living room with new LVP flooring, a dining room with hardwood floors, and a kitchen with brand-new stainless steel appliances. Plus, enjoy convenient basement access perfect for storage and laundry, complete with an additional full bath. The upper unit, leased until February 4, 2025, offers privacy with its own rear entry staircase off the shared deck. Step inside to discover two comfortable bedrooms, a new in-unit double stack washer and dryer, and a full bathroom. The living room features a partition wall that separates it from the kitchen, which comes equipped with new flooring, a pantry, and new stainless steel appliances, including a dishwasher and fridge. Tenants enjoy outdoor space with inviting porches in the front, side, and back of the home, plus a long driveway accommodating multiple vehicles. The backyard shed provides additional storage solutions. This well-maintained rental property is in a prime location just minutes from Downtown Monroe, with amazing tenants already in place. Donââ?¬â?¢t miss out on this opportunityââ?¬â??make your offer today!

Open House:

Sunday, 11/10 2:00-4:00PM

Type:
Multi-Family
Sq.Ft.:
1,510
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1893
Baths:
2.00
MLS#:
50156688
Subdivision:
Winkworths Add

ADDITIONAL INFORMATION

Great duplex for investor income with 3 bedrooms downstairs and 2 bedrooms upstairs. Price is amazing with a little update to make a great property. 1st floor high ceilings with ceiling fans. Each unit has refrigerator and stove. 1st floor has small room after kitchen going to back deck. Fence in yard with shed, has outside basement steps. Small room between kitchen and bedroom that has doorway to basement, steep stairs. Basement has washer and dryer already hookup. Both apartments water heaters are in basement. Furnace for 1st floor apartment in basement. 2nd floor apartment furnace is in kitchen closet. Separate utilities, water, electric and gas, each apartment pays their own utilities. Outside steps for 2nd floor apartment, also steps for 2nd floor apartment is still in 1st floor apartment (look by basement steps for visual steps placement). Open house on Sunday, November 10 at 2:00 p.m. All pictures are in system, both apartments need updated, and price reflects.

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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 48162 has a population of 20,344. Monroe 48162 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 48162 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 48162 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

    140
    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
Manor Elementary School PK - 06 469 19.2 48162
North Elementary School KG - 04 315 16.6 48166
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
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
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
* Henry Niedermeier Center for Education 08 - 12 63 31.5 48166
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 48162

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