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    Multifamily Property with Barn
    Updated: Mar 18
    Multifamily Property with Barn

    3778 N Custer Road, Monroe, MI 48162

    $599,000
    5,532 sqft 2.19 AC lot
    Year built 1917 multi‑unit property, originally the Woodland Farms homestead
    Includes a stand‑alone 3‑bedroom, 1‑bath home with a full basement plus five additional rental units (Units 1‑5)
    Units 1‑5 have recently updated paint, flooring, kitchens, and bathrooms
    Separate heating and electric for all units; shared water expenses; washer/dryer hook‑ups in all units
    Four garage spaces plus an attached enclosed office area for additional rental or storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    3778 N Custer Road, Monroe, MI 48162

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $653K
      Above asking

    • Property Type

      Single Family Residence
      Built 1918
    View Property Analytics
    Monroe Multi-Unit Investment Opportunity
    Updated: Apr 27
    Monroe Multi-Unit Investment Opportunity

    3778 N. Custer Rd, FrenchtownTownship_, Monroe, MI 48162

    $599,000
    Significant income potential from six rental units plus garage/office space and large dairy barn.
    Recently updated units with new paint, flooring, kitchens, and bathrooms.
    Original 38x175 dairy barn with loft, featuring new metal siding and an updated roof, offering diverse usage possibilities.
    Direct access to the newly extended Heritage Bike Trail.
    Separate heating and electric for all units.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Monroe County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Monroe County, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Monroe County, MI on our real estate platform. These investment opportunities span a total of 5,532 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for two-family homes in Monroe County, MI start at $599,000, averaging $599,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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