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    Two-Unit Duplex Investment Title is generated by Realmo AI

    2288 Vivian Road, Monroe, MI 48162

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    Claim this Listing
    New
    For Sale
    $189,900

    MULTI_FAMILY - Monroe, MI

    Property size:
    1,584 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $119/SF
    Added:
    Jun 26, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 26 at 10:06 pm

    Property Features for 2288 Vivian Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bathroom 2, Bedroom 3, Bedroom 1
    Interior features
    Cable/Internet Avail., Hardwood Floors, Sump Pump
    Exterior features
    Fenced Yard, Fence Owned
    Fencing
    Fenced
    Standard status
    Active
    Size
    1,584 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2684

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

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    Contact an agent
    Edward Pipis

    Listing agent Edward Pipis

    Listing office Monroe Real Estate - Monroe 105 E Front St Suite 103, Monroe, MI

    Listing date Jun 26, 2026

    MLS# 50213012 Listing URL

    Copyright © 2026 Southeastern Border Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two 2‑bedroom units with a full basement and walk‑up attic
    • Hardwood floors and plaster walls
    • Forced air heating
    • Attached 1.5‑car garage
    • Fenced yard with fence owned
    • Public water; cable/internet available

    Overview

    This duplex features two separate 2-bedroom units within a single building. Interiors include hardwood flooring and plaster walls. The home also offers a full basement and a walk-up attic, along with an attached 1.5-car garage, providing practical storage and day-to-day convenience. With a total building size of 1,584 square feet on a 0.2-acre lot, the property is set up as a compact, manageable residential income asset.

    Located in Monroe, Michigan (48162) at 2288 Vivian Road, the property is described as being in a great location. While no additional neighborhood details are provided, the listing’s emphasis is on livable layouts and the included on-site features such as the basement, attic, and attached garage.

    For buyers seeking a residential income property, the split configuration of two 2-bedroom units can appeal to tenants looking for similar bedroom layouts within the same building. The combination of hardwood flooring, plaster walls, and the additional space in the basement and walk-up attic may support everyday usability and storage needs. The attached 1.5-car garage adds added utility for residents, while the overall scale remains relatively small for owners managing a duplex.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $21.5k $13.56
    − Vacancy −$1.4k −$0.88
    EGI $20.1k $12.68
    − OpEx −$6.0k −$3.80
    NOI $14.1k $8.88
    1,584 SF · lease $13.56/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $200.8K
    $175.7K – $234.3K (±1% cap)
    NOI $14,058 @ 7.0% cap · market cap 7.40%
    Second Best
    Apartment 5plus
    $187.1K
    $163.7K – $218.3K (±1% cap)
    NOI $13,098 @ 7.0% cap · market cap 6.90%
    Theoretical Best
    Warehouse
    $1.63M
    $1.43M – $1.91M (±1% cap)
    NOI $114,359 @ 7.0% cap · market cap 60.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic HVAC Service Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.368554
    Latitude
    41.944754

    FAQs

    What type of property is this?
    Duplex - A two-bedroom, two-unit duplex with basement and garage, offering separate living space and straightforward property upkeep.
    Where is this duplex located?
    The property is located at 2288 Vivian Road Monroe, MI.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: Two 2‑bedroom units with a full basement and walk‑up attic; Hardwood floors and plaster walls; Forced air heating
    More about this property
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