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    Monroe, MI
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    Monroe, MI Residential Income Properties for Sale

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    Duplex with Separate Utilities
    Updated: Jun 19
    Duplex with Separate Utilities

    710 E fourth Street, Monroe, MI 48161

    $194,900
    2,016 sqft 0.16 AC lot
    Duplex built in 1898 and rebuilt in 2008 at an estimated cost of $180,000 with updates throughout
    Each unit offers 3 bedrooms and 1 full bath, with tall ceilings in the living room and hallway (unit 1)
    Separate furnaces and water heaters plus separate laundry hookups for each unit
    Large fenced shared yard with porch and sidewalks
    Unit 1 rented for $1,200/month; kitchen appliances included (range/oven and refrigerator)
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    This listing looks promising.

    Here's a quick look at some key insights for

    710 E fourth Street, Monroe Center, MI 48161

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $256K
      Above asking

    • Property Type

      Single Family Residence
      Built 1898
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    Multifamily Property with Barn
    Updated: Mar 18
    Multifamily Property with Barn

    3778 N Custer Road, Monroe, MI 48162

    $599,000
    5,532 sqft 2.19 AC lot
    Year built 1917 multi‑unit property, originally the Woodland Farms homestead
    Includes a stand‑alone 3‑bedroom, 1‑bath home with a full basement plus five additional rental units (Units 1‑5)
    Units 1‑5 have recently updated paint, flooring, kitchens, and bathrooms
    Separate heating and electric for all units; shared water expenses; washer/dryer hook‑ups in all units
    Four garage spaces plus an attached enclosed office area for additional rental or storage
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    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    2288 Vivian Road, Monroe, MI 48162

    $189,900
    1,584 sqft 0.20 AC lot

    A two-bedroom, two-unit duplex with basement and garage, offering separate living space and straightforward property upkeep.

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    Duplex with Income Potential
    Duplex with Income Potential

    815 Union St, Monroe, MI 48161

    $180,000
    0.26 AC lot

    Affordable, occupied duplex with separate utilities and large yard.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Townhouse Duplex with Private Basements
    Townhouse Duplex with Private Basements

    760 Washington Street, Monroe, MI 48161

    $153,000
    0.15 AC lot

    Classic duplex includes two units with private basements, laundry hookups, dedicated parking, and upper flex rooms.

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    Spacious Two-Unit Home, Monroe, MI
    Spacious Two-Unit Home, Monroe, MI

    68 Navarre Street, Monroe, MI 48161

    $169,000
    2,013 sqft 0.05 AC lot

    Two-unit home with income potential near city conveniences and I-75.

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    Monroe Multi-Unit Investment Opportunity
    Monroe Multi-Unit Investment Opportunity

    3778 N. Custer Rd, FrenchtownTownship_, Monroe, MI 48162

    $599,000

    Multi-unit property with income potential and updated units.

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    Front-Gable Mixed-Use Retail Building
    Front-Gable Mixed-Use Retail Building

    828 S Monroe St, South, Monroe, MI 48161

    $180,000

    Storefront space with salon-ready layout plus a month-to-month upper apartment and detached garage with overhead door access.

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    Rebuilt Two-Unit Duplex
    Rebuilt Two-Unit Duplex

    710 E fourth St, Monroe, MI 48161

    $199,900

    Two updated 3-bedroom units with separate heating, laundry hookups, and a fenced shared yard.

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    Fully Occupied Ranch Duplex
    Fully Occupied Ranch Duplex

    1260 E 5th St, Monroe, MI 48161

    $129,900

    A fully occupied duplex with two identical 2BR/1BA units, each with separate furnaces and tenant-paid utilities.

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

    68 Navarre St, Monroe, MI 48161

    $169,000

    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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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 11 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.

    Renovated Mixed-Use Building with Retail
    Renovated Mixed-Use Building with Retail

    116 Tecumseh Street, Dundee, MI 48131

    $599,900
    2,600 sqft 0.03 AC lot

    Renovated mixed-use building with main-floor commercial space and two rented 2-bedroom apartments above.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    29019 Sheeks, Flat Rock, MI 48134

    $349,000
    2,179 sqft

    Fully leased four-unit building with individually metered utilities and recent unit improvements.

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    Fully Leased 4-Unit Multifamily
    Fully Leased 4-Unit Multifamily

    29019 Sheeks S, Flat Rock, MI 48134

    $342,000
    0.13 AC lot

    Four fully leased units, each with 1 bedroom and 1 bathroom, with recent unit upgrades and separate gas and electric metering.

    View details
    Mixed-Use Live/Work Building
    Mixed-Use Live/Work Building

    120 Tecumseh Street, Dundee, MI 48131

    $279,700
    1,430 sqft

    Street-level open space with kitchen and restroom, plus an upstairs apartment for flexible owner or rental use.

    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.

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    Land in Central Monroe
    Land in Central Monroe

    434 Arbor Avenue, Monroe, MI 48162

    Contact for pricing
    0.14 AC lot

    Land available near River Raisin, downtown, and St. Mary's park.

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    Monroe Riverfront Land For Sale
    Monroe Riverfront Land For Sale

    S Custer Lot C Road, Monroe, MI 48161

    $109,900
    2.54 AC lot

    Approximately 2.5-acre riverfront lot in a peaceful setting.

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    Cleared Land Development Opportunity
    Cleared Land Development Opportunity

    00-4 Mentel Rd, FrenchtownTownship_, Monroe, MI 48162

    $74,900
    16.07 AC lot

    16.07 acre cleared parcel with development potential.

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    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.

    Raven Pkwy
    Land

    0 Raven Pkwy, Monroe, MI 48161

    Value Estimation by Request
    View details
    80 Jerome St
    Land

    80 Jerome St, Monroe, MI 48161

    Value Estimation by Request
    0.78 AC lot
    View details
    Buhl Rd
    Land

    0 Buhl Rd, Monroe, MI 48162

    Value Estimation by Request
    29.66 AC lot
    View details

    Monroe, MI Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Monroe, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 11,145 square feet of properties for sale, with an estimated market value of $1,152,800.

    Sale prices for residential income properties in Monroe, MI start at $169,000, averaging $288,200, and reaching up to $599,000 — 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 19
    Duplexes 14
    Triplexes 3
    Apartment buildings 2

    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 $179.4K
    48162 $462.6K

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Monroe, MI

    • 48161
    • 48162

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