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3042 S Custer

Monroe, MI 48161
  • $310,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 50214766
UPDATED: 9 min ago
$310,000
  • 5
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,530
    SQFT
  • $123
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

School District:

Description

Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.

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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: 2026-08-08T18:52:02.917.
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3042 S Custer Monroe, MI 48161

  • Price: $310,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 9 min ago
  • MLS #: 50214766
5
Beds
4
Baths
0
½ Baths
0.5
Acres
2,530
SQFT
$123
$/SQFT
Neighborhood:
None
County:
Monroe
Area:
Monroe Twp (58012)
School District:
Monroe Public Schools
Property Description
Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.
Exterior Features

Foundation Type Basement Frontage 65 Garage Type Detached Garage Lot Size 65x383 Roads Paved Street Structure Style 2 Story Water Features River Frontage Waterfront YN Yes

Interior Features

Basement YN Yes Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Additional Documents YN No Assessments YN No Financial Terms CashConventionalLand Contract For Sale Or Rent For Sale Lease YN No Municipality Monroe Twp Municipality Type Township Ownership Private 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 Realist Subject To Short Sale Approval No Summer Tax Amount 1143 Summer Tax Year 2025 Total Tax Amount 4943 Unit1 Occupied YN Yes Unit1 Rent Rate 950 Unit2 Occupied YN Yes Unit2 Rent Rate 875 Unit3 Occupied YN Yes Unit3 Rent Rate 875 Unit4 Occupied YN Yes Unit4 Rent Rate 595 Water Public Water Winter Tax Amount 3803 Winter Tax Year 2025

Listing courtesy of Wiens And Roth Real Estate - Lambertville : 734-777-0490.

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: 2026-08-08T18:52:02.917.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507