710 E fourth Street, Monroe, MI 48161
MULTI_FAMILY - Monroe Center, MI
- Added:
- Jun 19, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 25 at 11:06 am
Property Features for 710 E fourth Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1
- Patio and Porch features
- Porch
- Exterior features
- Fenced Yard, Porch, Sidewalks
- Fencing
- Fenced
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 2,016 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2440
Utilities
- Heating system
- Forced Air
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1898
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Other
Listing agent Michael Rodich License #MCAR-6501254938 (734) 497-5133
Listing office Century 21 Allstar Real Estate Team, Inc 15375 S Dixie Hwy, Monroe, MI (734) 241-2700
Listing date Jun 19, 2026
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
- Duplex built in 1898, rebuilt in 2008 for an estimated $180,000 with extensive updates including wiring, plumbing, heating, siding, insulation, and windows
- Two 3‑bedroom, 1‑bath units; each unit has separate furnaces and water heaters plus separate laundry hook ups
- Unit 1 includes fresh paint and updates with new carpet and kitchen flooring; rented for $1,200/month
- Large fenced shared yard plus porch and sidewalks
- Forced‑air heating with ceiling fan(s); appliances included (range/oven and refrigerator)
- Smoke alarms and fire doors are included as part of the 2008 rebuild
Overview
Unit 1 has fresh paint and updates including new carpet and kitchen flooring, along with tall ceilings in the living room and hallway. Unit 1 is currently rented. Unit 2 is in the process of being painted, with recently painted stairs and carpets cleaned.
The duplex can work for an investor seeking two separately serviced units, or for an owner-occupant looking to live in one unit while generating rental income from the other. Each unit’s separate utilities and laundry hook-ups support independent day-to-day living. A licensed Realtor in Michigan owns the property, and it meets all codes as of the 2008 rebuild. The address is 710 E Fourth Road, Monroe Center, MI 48161.
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 | $27.3k | $13.56 |
| − Vacancy | −$1.8k | −$0.88 |
| EGI | $25.6k | $12.68 |
| − OpEx | −$7.7k | −$3.80 |
| NOI | $17.9k | $8.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Monroe
- State
- Michigan
- Longitude
- -83.392049
- Latitude
- 41.908889
