261 S Main Street Romeo Village, MI $ 345,000
261 S Main Street
$ 345,000
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261 S Main Street

Romeo Village, MI, 48065
$ 345,000
Baths4.0 Sq 2,078

Monthly Estimate*

$ 2,124

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Studio Multi-Family Home for sale in Romeo Village, MI for $345,000 with 4 full baths. This 2,078 square foot home was built in 1920 on a lot size of 0.51.

Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term rental appeal or potential for an Airbnb. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo’s shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.

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Multi-Family Pending

Price

$ 345,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,106

Style

Quadruplex

Lot Size

0.51

Year Built

1920

Town/City

Romeo Village

County/Region

MACOMB

MLS | Web ID

20251035468

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Quadruplex
Pool Features None
Construction Materials WoodSiding
Pets Allowed Call
Year Built 1920
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Macomb
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name A/P # 08 ROMEO/WASH
Garage Y/N Y
Rent Includes Heat Water
Full Baths 4
Status Pending
Directions M-53 To 32 Mile West To Main St South Located On East Side
City RomeoVillage_Macomb
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Romeo
Zoning Description Office Residential
Number Of Units Total 4
MLS Area Area03202RomeoVlg
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 4
Land Lease Y/N N
Tax Annual Amount 9106.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 155900
Expected Active Date 2025-09-11
Legal Description ASSESSORS PLAT NO 8 DESC AS THE N 55 FT OF LOT 31
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2078.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features Assigned Garage
Water Source Public
Total Parking 4.0
Foundation Details MichiganBasement
Spa N
Lot Dimensions 55X404
Lot Size Acres 0.51
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 261
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* Excluded Features
List By
Joseph Petzold

Listing Agent

Wessel Realty

Broker

(586) 212-1634

Phone

Affordability Calculator

$2,883
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,124
Monthly Property Taxes
$759
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848072 Elementary School
848456 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/22/2025$345,000 -13.75% Price Down
12/4/2025$400,000 -5.88% Price Down
11/15/2025$425,000 -5.56% Price Down
9/25/2025$450,000 -5.26% Price Down
9/11/2025$475,000 Listed Price

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261 S Main Street, Romeo Village, MI, 48065 is a Multi-Family Home for sale at $345,000 with 2,078 sqft and a lot size of 0.51. 261 S Main Street is a studio with 4.0 baths and was built in 1920. The property's zip code is 48065 which is in Romeo Village, MI