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231 W 7th

Monroe, MI 48161
  • $149,900
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 50213050
Price Reduced
UPDATED: 81 min ago
$149,900
  • 3
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,630
    SQFT
  • $92
    $/SQFT
Type:
Multi-Family
Built:
1903
County:

School Ratings & Info

School District:

Description

Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2026-08-11T14:54:54.597.
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231 W 7th Monroe, MI 48161

  • Price: $149,900
  • Status: Active
  • On Site: 44 Days
  • Updated: 81 min ago
  • MLS #: 50213050
3
Beds
2
Baths
0
½ Baths
0.14
Acres
1,630
SQFT
$92
$/SQFT
1903
Built
Neighborhood:
Curtis & Wilson - Monroe City
County:
Monroe
Area:
Monroe (58026)
School District:
Monroe Public Schools
Property Description
Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.
Exterior Features

Exterior Construction Aluminum Exterior Features PorchExterior Balcony Foundation Type Basement Location Corner Lot Lot Size 6098.4 Sq Feet Parking On Street Structure Style 2 Story Waterfront YN No

Interior Features

Appliances Range/OvenRefrigerator Basement Type Block Basement YN Yes Cooling System Ceiling Fan(s) Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Water Heater Gas

Property Features

Additional Documents YN Yes Assessments YN No Financial Terms CashConventional Flood Insurance Not Required Flood Plain None For Sale Or Rent For Sale Lease YN No Municipality Monroe Municipality Type City Ownership LLC Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN Yes Separate Heat YN Yes Separate Water YN No Sewer Septic Public Sanitary Sq Ft Source Public Records Subject To Short Sale Approval No Summer Tax Amount 2037 Summer Tax Year 2025 Total Tax Amount 3994 Total Tax Year 2025 Unit1 Occupied YN No Unit2 Occupied YN No Water Public Water Winter Tax Amount 1957 Winter Tax Year 2025

Listing courtesy of BND Realty : 734-755-1970.

Source MLS: MiRealSource
Originating MLS: Southeastern Border AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. 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.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2026-08-11T14:54:54.597.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507