224 Monroe Street Saline, MI ^$ 290,000

224 Monroe Street

^$ 290,000

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224 Monroe Street

Saline, MI, 48176

^$ 290,000

Studio Baths0.0

Monthly Estimate*

^$ 1,809

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Studio

Multi-Family Home for sale in Saline, MI

for $290,000. This home was built in 1909 on a lot size of 0.5.

Exceptional investment opportunity! This fully occupied tri-plex is ideally located near downtown Saline, offering three units with tenants in place. The property features a spacious garage with ample storage and three dedicated parking spaces, plus additional on-site parking for convenience. Recent updates include a new HVAC system installed in 2023 and a water heater replaced in 2025, ensuring efficiency and peace of mind for owners and residents alike. Don't miss your chance to own this turnkey multifamily property in a desirable location!

Multi-Family Active

Price

^$ 290,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,008

Style

Lot Size

0.5

Year Built

1909

Town/City

Saline

County/Region

Washtenaw

MLS | Web ID

70495803

Features

General

Heating Forced Air

Status Active Active

Year Built 1909

County Washtenaw

Class MULTIFAMILY

Type Multi-Family

Net Income 16500

Municipality Saline

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Saline (81029)

Primary City Saline

Directions West on E. Michigan Ave (US-12) South on Monroe on right

City Saline

School District Saline Area School District

Financial Terms Cash Conventional

Legal Description *OLD SID - 18 18-055-067-00 SC 5-41A LOT 41 EXC S 50 FT ASSESSOR'S PLAT NO. 4.

DOM 77

Postal Code 48176

Public Remarks Exceptional investment opportunity! This fully occupied tri-plex is ideally located near downtown Saline

Exterior

Exterior Aluminum

Frontage 88

Lot Size Area 0.5

Lot Dimensions 88 ft x 248 ft

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Kristin Mills

Listing Agent

Real Estate One Inc

Broker

KMillsRE1@GMail.com

Affordability Calculator

$2,477

Per Month

Monthly Principal & Interest: $1,809
Monthly Property Taxes: $667
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 Saline, MI

Average List Price ^$500,350

Percent of Sale Price 73%

About Saline, MI

9,301 Population

16% Since 2002

^$69,396 Median Income

42.9 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1572197 Elementary School

1572047 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/7/2025	$290,000	-6.45%	Price Down
10/29/2025	$310,000	-6.06%	Price Down
9/24/2025	$330,000		Listed Price

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224 Monroe Street, Saline, MI, 48176 is a Multi-Family Home for sale at $290,000 with a lot size of 0.5. 224 Monroe Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 48176 which is in Saline, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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224 Monroe Street

Multi-Family Home for sale in Saline, MI

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