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    Monroe, MI
    Residential Income

    Monroe, MI Residential Income Properties for Sale

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    3-Unit Multifamily Property
    Updated: Aug 31
    3-Unit Multifamily Property

    15597 Norway Street, Monroe, MI 48161

    $259,900
    9,999 sqft 0.94 AC lot
    Three rental units on a 0.94‑acre parcel
    9,999 square feet of property
    Two front residences, each with 2 bedrooms and 1 full bathroom
    Rear home includes 3 bedrooms and 1 full bathroom
    New roof and porch completed in August 2026
    View details
    Occupied Triplex with Detached Garage
    Updated: Aug 12
    Occupied Triplex with Detached Garage

    724 Laplaisance Road, Monroe, MI 48161

    $189,900
    1,788 sqft 0.22 AC lot
    Three occupied rental units: two within the duplex and one separate one‑bedroom home
    1,788 square feet on a 0.22‑acre lot
    Two‑story duplex paired with a detached two‑car garage
    Duplex siding updated in 2022; one‑bedroom home siding updated in 2016
    Sewer line repaired in 2019, with replacement windows and doors
    View details
    Duplex with Separate Furnaces
    Duplex with Separate Furnaces

    710 E fourth Street, Monroe, MI 48161

    $179,900
    2,016 sqft 0.16 AC lot

    Two three-bedroom residences have individual water heaters and laundry hookups.

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    See hot listings in Monroe

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Property with Rental Residences
    Mixed-Use Property with Rental Residences

    501 E First Street, Monroe, MI 48161

    $350,000
    7,629 sqft

    Two parcels pair commercial space with occupied residential units and on-site storage.

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    Brick Townhouse Duplex
    Brick Townhouse Duplex

    760 Washington Street, Monroe, MI 48161

    $133,000
    0.15 AC lot

    Two units offer private basements, laundry hookups, and dedicated parking.

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    Three-Unit Rental Property
    Three-Unit Rental Property

    15597 Norway St, Monroe, MI 48161

    $259,900
    9,999 sqft

    Three residential units include a vacant apartment and two tenant-occupied homes.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Townhouse Duplex with Private Basements
    Townhouse Duplex with Private Basements

    760 Washington St, Monroe, MI 48161

    $133,000
    3,200 sqft

    Two residential units feature finished attic areas, dedicated parking, and original wood detailing.

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    Duplex with Remodeled Kitchen
    Duplex with Remodeled Kitchen

    1636 Peters Street, Monroe, MI 48161

    $116,000

    Both residences are occupied, with one tenancy secured by a signed lease and the other on a month-to-month basis.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    68 Navarre Street, Monroe, MI 48161

    $139,000

    A two-unit HUD home with a 3-bedroom main unit and a 1-bedroom upper unit for rental or multi-family living.

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    Two-Unit Ranch Duplex
    Two-Unit Ranch Duplex

    622 Church, Monroe, MI 48161

    $145,400

    Masonry duplex with matching layouts, separate utility meters, and private off-street parking.

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    Two-Unit Duplex with Forced Air
    Two-Unit Duplex with Forced Air

    402 W Sixth, Monroe, MI 48161

    $145,000

    The property includes forced-air heating and ceiling fans serving both residential units.

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    Duplex Property With Two Houses
    Duplex Property With Two Houses

    1137 E 8th, Monroe, MI 48161

    $133,000

    Two leased residences share a city lot with separate utilities and distinct foundation configurations.

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    Triplex with Boiler Heat
    Triplex with Boiler Heat

    111 W Seventh, Monroe, MI 48161

    $145,000

    Multi-unit residential property equipped with boiler heat and ceiling fans.

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    Duplex with One Vacant Unit
    Duplex with One Vacant Unit

    524-526 Eastchester Street, Monroe, MI 48161

    $85,000

    One residence is occupied by a long-term tenant, while the other is vacant and ready for renovation.

    View details
    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 14 Active listings in Monroe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Four-Unit Quadplex
    Remodeled Four-Unit Quadplex

    29019 Sheeks Blvd, Flat Rock, MI 48134

    $335,999
    2,197 sqft

    Fully leased quadplex with updated interiors in three units and separate gas and electric metering.

    View details
    Quad-Plex with Pole Barn
    Quad-Plex with Pole Barn

    12660 Grafton Road, Carleton, MI 48117

    $375,000
    3,000 sqft

    Four-unit building with pole barn and fenced backyard.

    View details
    Secured Truck and RV Parking Facility
    Secured Truck and RV Parking Facility

    10500 Telegraph Road, Carleton, MI 48117

    $5,900,000
    17.14 AC lot

    Improved commercial site with fenced parking, controlled entry, and on-site management and storage buildings.

    View details
    Residential Income Multifamily Property
    Residential Income Multifamily Property

    24949 Mayfair St, Flat Rock, MI 48134

    Contact for pricing

    Multifamily residential income property offered for sale at 24949 Mayfair Street.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Buildable Lot
    Residential Buildable Lot

    3rd Street, Frenchtown, MI 48162

    $37,000
    0.18 AC lot

    Residentially zoned lot in a Detroit Beach Club community with access to Lake Erie for new construction.

    View details
    Cleared Land Development Opportunity
    Cleared Land Development Opportunity

    00-4 Mentel Road, Monroe, MI 48162

    $74,900
    16.07 AC lot

    16.07 acre cleared parcel with development potential.

    View details
    Cleared Land Development Opportunity
    Cleared Land Development Opportunity

    00 Mentel Road, Monroe, MI 48162

    $275,000
    16.07 AC lot

    16.07-acre cleared parcel with development potential.

    View details
    Cleared Agricultural Land Opportunity
    Cleared Agricultural Land Opportunity

    Monroe, MI 48162

    $74,900
    16.07 AC lot

    16.07-acre cleared parcel with development potential in Frenchtown Township.

    View details

    Off-Market Properties in Monroe, MI

    Consider similar Off-Market properties in Monroe, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Monroe, MI Residential Income Properties Market Trends and Statistics

    Explore 17 residential income properties for sale in Monroe, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 34,631 square feet of properties for sale, with an estimated market value of $2,414,000.

    Sale prices for residential investment properties in Monroe, MI start at $85,000, averaging $172,428, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 23
    Duplexes 16
    Triplexes 6

    Demographics Overview

    Population 55K
    Population Growth (5Y) +1.0%
    Median Household Income $67,210
    College Educated 29.4%

    High-Yield Neighborhoods for Investment

    Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48161 $169.8K

    Taxes & Financing

    Tax Rate (average for all types) 4.28%
    Property Tax per SF $88.57 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Monroe fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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    Popular Searches in Monroe, MI

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    Most Searched ZIP Codes in Monroe, MI

    • 48161

    Featured Monroe Real Estate Agencies

    Realmo connects you with licensed Monroe CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Allstar Real Estate
    15375 S Dixie Hwy Monroe, MI 48161
    Phone: (734) 241-2700
    www.allstar-home.com
    GERWECK REAL ESTATE GROUP,LLC
    15268 S. Monroe St. Monroe, MI 48161
    Phone: (734) 755-1557
    www.gerweckrealestate.net
    Berkshire Hathaway Hudkins Realtors
    1255 S Telegraph Road Monroe, MI
    Phone: (734) 242-4700
    www.hudkinshomes.com
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