Recently Listed Open House 5/17 11am - 2pm
718 Waterloo Avenue
Monroe, MI, 48161 $ 239,900
Bedrooms3 Baths1.0 Sq 1,506 Monthly Estimate*
$ 1,477
for $239,900 with 3 bedrooms and 1 full bath. This 1,506 square foot home was built in 1951 on a lot size of 0.21.
Welcome home to this beautifully updated bungalow in the heart of Monroe! Offering approximately 1,500 square feet of move-in-ready living space, this 3-bedroom, 1-bath home blends timeless character with modern updates throughout. Step inside and immediately appreciate the stunning hardwood floors, cozy fireplace, and abundance of natural light pouring through newer Pella windows installed in 2021. The completely renovated kitchen is a showstopper featuring quartz countertops, stainless steel appliances, gas stove, and all appliances included — making this home truly turnkey from day one. Major mechanical updates provide peace of mind including a newer furnace and central air system (approximately 3 years old), newer water heater, and a roof estimated at approximately 10 years old. Heated bathroom floors. Outside, enjoy the oversized yard perfect for entertaining, pets, gardening, or simply relaxing outdoors. A detached 1+ car garage and welcoming front porch complete the package. Conveniently located near downtown Monroe, shopping, restaurants, parks, and schools. Enjoy quick access to favorites like Public House Food + Drink, Princess Grill of Monroe, Meijer, and Hi-Lite Fresh Market. Outdoor lovers will appreciate nearby Munson Park and scenic Veteran's Park, while Waterloo Park offers trails, playgrounds, fishing access, and riverfront recreation just minutes away. This one checks all the boxes — character, updates, location, and value. Just unpack and enjoy!
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Open House
5/17/2026 11:00 AM - 2:00 PM
718 Waterloo Avenue Monroe, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CeilingFans CentralAir
Possession AtClose
Roof Asphalt
Appliances Dishwasher FreeStandingGasRange FreeStandingRefrigerator RangeHood StainlessSteelAppliances
Garage Spaces 1.5
Patio/Porch Features Covered Patio Porch
Architectural Style Bungalow
Pool Features None
Construction Materials VinylSiding
Year Built 1951
Levels Two
Property Subtype SingleFamilyResidence
County Monroe
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name SOUTH CUSTER HEIGHTS
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions Telegraph south to Custer east to Waterloo south
City MonroeCity_Monroe
Disclosures NoRestrictions TaxesHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Monroe
MLS Area Area06121MonroeTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2480.0
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 Active
Occupancy Type Owner
Tax Assessed Value 56340
Expected Active Date 2026-05-15
Legal Description SOUTH CUSTER HEIGHTS LOT 134 & SOUTH 1/2 OF LOT 135
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InteriorBasement Unfinished
Fireplace Features LivingRoom WoodBurning
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features EnergyStarQualifiedWindows
Fireplace Y/N Y
Above Grade Finished Area 1506.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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ExteriorFencing BackYard
Parking Features OneandHalfCarGarage Assigned1Space Detached GarageDoorOpener WorkshopInGarage
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 75X120
Lot Size Acres 0.21
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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* Excluded FeaturesList ByMatthew BerneyListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,477
- Monthly Property Taxes
- $207
- 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.
Learn more about how to save NearbySingle family listings in Monroe, MI
Average List Price $294,462
Percent of Sale Price 23%
About Monroe, MI 20,059 Population
-7% Since 2002
$ 43,524 Median Income
37.98 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/15/2026 | $239,900 | | Listed Price |