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Three-Bedroom Duplex Unit
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503 W 8th St, Monroe, MI 48161

Finished basement space provides a bonus room, bath, laundry hookups, and additional living area.

Property Size1,127 SF
Days on Market21

Property Features for 503 W 8th St

General Information

Standard status Active
Size 1,127 SF
Property subtype Investment

Building Details

Building Size 1,127 SF
Year Built 1993
Units 1
Listing Agency:
Listed By: Marianna Deluca
Source: Elliman
Added: Aug 2 Changed: Aug 19 Last Checked: Aug 22 at 11:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marianna Deluca

Investment Insights

Based on property information with market context.

Unit 1 is a three-bedroom duplex residence with an eat-in kitchen, spacious living room, hardwood flooring, and abundant closet and storage space. The finished basement adds a bonus room, full bath, and additional living area, while laundry hookups and central air conditioning support everyday use. The property also includes a large yard, extra-wide driveway, and detached two-car garage.

Built in 1993, the home is near downtown, parks, and shopping. The tenant is responsible for gas, electric, shared water, maintaining the unit’s side of the lawn, and snow removal when needed. A Walk Score of 72 indicates a very walkable setting, while the Bike Score is 52.

Key Highlights

  • Unit 1 of a duplex with 3 bedrooms
  • Finished basement includes a bonus room and full bath
  • Eat‑in kitchen, large living room, hardwood floors, and substantial storage

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Daycare Center Home Appliance Store Catering Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

811
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Finished basement space provides a bonus room, bath, laundry hookups, and additional living area.
Where is this residential income property located?
The property is located at 503 W 8th St Monroe, MI.
What are key features of this property?
This property features: Unit 1 of a duplex with 3 bedrooms; Finished basement includes a bonus room and full bath; Eat‑in kitchen, large living room, hardwood floors, and substantial storage
More about this property
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