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231 W 7th Street Monroe, MI $ 149,900
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$ 149,900 Get more info
231 W 7th Street
$ 149,900
Back to search
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231 W 7th Street

Monroe, MI, 48161
$ 149,900
Baths2.0 Sq 1,630

Monthly Estimate*

$ 946

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Studio

Multi-Family Home for sale in Monroe, MI

for $149,900 with 2 full baths. This 1,630 square foot home was built in 1903 on a lot size of 0.14.

Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.

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Multi-Family Active

Price

$ 149,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,994

Style

MultiFamily

Lot Size

0.14

Year Built

1903

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

57050213050
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Cooling CeilingFans
Possession AtClose
Appliances Oven Refrigerator Range
Garage Spaces 0.0
Patio/Porch Features Porch
Construction Materials AluminumSiding
Year Built 1903
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Monroe
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CURTIS & WILSON - MONROE CITY
Garage Y/N N
Full Baths 2
Status Active
City MonroeCity_Monroe
Disclosures FloodInsNotReqd FloodPlainNone TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Monroe
Number Of Units Total 2
MLS Area Area06122Monroe
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3994.0
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
Ownership Type LLC
Legal Description CURTIS AND WILSON PLAT PART OF LOTS 23 & 24 DESC AS COMM AT NWLY COR OF LOT 23 AS POB TH S 70D 33M 00S E 75 FT; TH S 19D 30M 00S W 80.04 FT; TH N 70D 33M 00S W 75 FT; TH N 19D 30M 00S E 80.03 FT TO
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Interior
Basement Block
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1630.0
Total Bedrooms 3
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Exterior Amenities Balcony
Parking Features OnStreet
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 6098.4 Sq Feet
Lot Size Acres 0.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 231
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* Excluded Features
List By
Mitchell Petree

Listing Agent

Bnd Realty

Broker

(734) 735-2378

Phone

Affordability Calculator

$1,279
Per Month
74%
26%
0%
Monthly Principal & Interest
$946
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
848016 Elementary School
848002 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/31/2026$149,900 -9.10% Price Down
7/21/2026$164,900 -2.94% Price Down
7/8/2026$169,900 -5.56% Price Down
6/27/2026$179,900 Listed Price

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231 W 7th Street, Monroe, MI, 48161 is a Multi-Family Home for sale at $149,900 with 1,630 sqft and a lot size of 0.14. 231 W 7th Street is a studio with 2.0 baths and was built in 1903. The property's zip code is 48161 which is in Monroe, MI

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