Search
Triplex with New Roof
New
For Sale
$274,900

15597 Norway Street, Monroe, MI 48161

Multifamily, 2 Story, Monroe Twp, MI

Property Size9,999 SF
Lot Size0.94 Acres
Price / SF$27.49
Days on Market1

Property Features for 15597 Norway Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1
Subdivision Evergreen Acres
Elementary school district Monroe
Middle school district Monroe
High school district Monroe
Directions S Telegraph Rd/E Dunbar Rd
Standard status Active
APN 581210503500
Size 9,999 SF
Lot size 0.94 Acres

Taxes and HOA fees

Tax Description MAP 2 EVERGREEN ACRES LOT 37
Tax Annual Amount 3130
Legal Description MAP 2 EVERGREEN ACRES LOT 37

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 3
Building materials Vinyl
Architectural style Bungalow
Listing Agency: KW Professionals · Keller Williams Realty
Listed By: Jeff Glover · License #6501317808
Added: Aug 31 Last Checked: Aug 31 at 8:06PM
MLS# 20261069307

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential triplex includes 9,999 square feet on a 0.94-acre lot. The front structure contains two separate apartments, each with two bedrooms and one full bathroom. A detached rear bungalow adds a third residence with three bedrooms and one full bathroom. One front unit is vacant, while the other front apartment and rear home are occupied. The rear residence has been leased to the same tenant for more than 10 years.

Recent property improvements include a new roof and a new porch completed in August 2026. The building has vinyl construction, forced-air heating, central air, and public water. Residential zoning applies to the property, which is located in Monroe Twp, Michigan.

Key Highlights

  • Three rental units on a 0.94‑acre lot
  • 9,999 square feet of property size
  • Two front units with 2 bedrooms and 1 full bathroom each

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Kitchen & Bath Showroom Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 48161, MI

26,571
Population
12,015
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
44.8 sq mi
ZIP Area
593
Density / Sq Mi
$65,517
Median Household Income
$40,184
Median Earnings
$955
Median Rent
$173,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Residential-zoned property combines two front apartments with a separate rear bungalow, offering three rental units on one lot.
Where is this triplex located?
The property is located at 15597 Norway Street Monroe, MI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Three rental units on a 0.94‑acre lot; 9,999 square feet of property size; Two front units with 2 bedrooms and 1 full bathroom each
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message