229 Michigan Avenue Monroe, MI ^$ 225,000

229 Michigan Avenue

^$ 225,000

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229 Michigan Avenue

Monroe, MI, 48162

^$ 225,000

Bedrooms4 Baths2.0 Sq 1,728

Monthly Estimate*

^$ 1,385

229 Michigan Avenue, Monroe, MI 48162 - Image 1

229 Michigan Avenue, Monroe, MI 48162 - Image 2

229 Michigan Avenue, Monroe, MI 48162 - Image 3

229 Michigan Avenue, Monroe, MI 48162 - Image 4

229 Michigan Avenue, Monroe, MI 48162 - Image 5

Multi-Family Home for sale in Monroe, MI

for $225,000 with 4 bedrooms and 2 full baths. This 1,728 square foot home was built in 1923 on a lot size of 0.14.

Welcome to 229 Michigan Avenue! Well maintained duplex in quiet and desirable pocket of Monroe. Property is currently fully rented with upstairs unit rented for $1000/month and downstairs rented for $1200/month. Gas & Water are currently included in rent and electric is the responsibility of the tenant. Upper unit has separate side entrance. Property has a full basement and 1-car garage which are used by the lower tenant. Please reach out today to schedule your showing! BATVAI

Multi-Family Active

Price

^$ 225,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,664

Style

Lot Size

0.14

Year Built

1923

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50188521

Features

General

Heating Forced Air

Possession At Close

Garage Attached Garage

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1923

Parking Unassigned/General

Subdivision Assrs Of Winkworths MI

County Monroe

Class MULTIFAMILY

Type Multi-Family

Ownership LLC

Municipality Monroe

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Monroe (58026)

Primary City Monroe

Directions West Side of Michigan Avenue between East Elm and East Noble

City Monroe

School District Monroe Public Schools

Financial Terms Cash Conventional

Legal Description ASSESSORS PLAT OF WINKWORTH PLAT NORTH 1/2 OF LOT 61 AND ALL OF LOT 64 & E'LY HALF OF VAC ALLEY

DOM 136

Postal Code 48162

Price Per Sq Ft Total AG 130.21

Public Remarks Welcome to 229 Michigan Avenue! Well maintained duplex in quiet and desirable pocket of Monroe. Property is currently fully rented with upstairs unit rented for $1000/month and downstairs rented for $

Interior

Basement Full

Beds 4

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Amenities Porch

Frontage 60

Flood Plan None

Lot Size Area 0.14

Lot Dimensions 60x101

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mitchell Petree

Listing Agent

Key Realty One Llc - South Monroe

Broker

mpetree@foureight161.com

Affordability Calculator

$1,774

Per Month

Monthly Principal & Interest: $1,385
Monthly Property Taxes: $389
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Monroe, MI

Average List Price ^$287,312

Percent of Sale Price 28%

About Monroe, MI

20,059 Population

-7% Since 2002

^$43,524 Median Income

37.98 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1521890 Elementary School

1521887 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/29/2026	$225,000	-1.85%	Price Down
12/12/2025	$229,250	-0.07%	Price Down
11/4/2025	$229,400	-0.04%	Price Down
10/25/2025	$229,500	-0.22%	Price Down
9/15/2025	$230,000		Listed Price

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229 Michigan Avenue, Monroe, MI, 48162 is a Multi-Family Home for sale at $225,000 with 1,728 sqft and a lot size of 0.14. 229 Michigan Avenue has 4 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 48162 which is in Monroe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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229 Michigan Avenue

Multi-Family Home for sale in Monroe, MI

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