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    724 W Front St Monroe, MI 48161

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    For Sale
    $239,900

    Updated upper/lower duplex with separately metered utilities and parking.

    Lot size:
    0.16 Acres

    Property Features for 724 W Front St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1908

    Source: Key Realty One LLC - South Monroe Agent Mitchell Petree

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex Near Downtown Monroe

    This updated upper/lower duplex is situated in a bustling corridor just outside of downtown Monroe. Each of the two units features three bedrooms and one bathroom. The utilities are separately metered for each unit, and central air conditioning is installed. The upper unit is currently leased to a long-term rent-assisted tenant at a rate of $1250 per month. The lower unit has been recently refreshed and is ready for a new tenant. Off-street parking is available behind the duplex, along with a small garage and shed for storage. The property is located in an area known for its rentability.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.4076507
    Latitude
    41.9183828

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    FAQs

    What type of property is this?
    Duplex - Updated upper/lower duplex with separately metered utilities and parking.
    Where is this duplex located?
    The property is located at 724 W Front St Monroe, MI.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Updated duplex in a high-demand rental area near downtown Monroe.; - Upper unit currently leased at $1250/month with a long-term tenant.; - Separately metered utilities for each unit.
    (734) 735-2378
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    724 W Front St Monroe, MI 48161
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