724 Laplaisance Road Monroe, MI ^$ 189,900

724 Laplaisance Road

^$ 189,900

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Recently Listed

724 Laplaisance Road

Monroe, MI, 48161

^$ 189,900

Bedrooms5 Baths3.0 Sq 1,788

Monthly Estimate*

^$ 1,199

724 Laplaisance Road, Monroe, MI 48161 - Image 1

724 Laplaisance Road, Monroe, MI 48161 - Image 2

724 Laplaisance Road, Monroe, MI 48161 - Image 3

724 Laplaisance Road, Monroe, MI 48161 - Image 4

724 Laplaisance Road, Monroe, MI 48161 - Image 5

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724 Laplaisance Road, Monroe, MI 48161 - Image 7

724 Laplaisance Road, Monroe, MI 48161 - Image 8

724 Laplaisance Road, Monroe, MI 48161 - Image 9

724 Laplaisance Road, Monroe, MI 48161 - Image 10

724 Laplaisance Road, Monroe, MI 48161 - Image 11

Multi-Family Home for sale in Monroe, MI

for $189,900 with 5 bedrooms and 3 full baths. This 1,788 square foot home was built in 1923 on a lot size of 0.22.

Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.

Multi-Family Active

Price

^$ 189,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,281

Style

Lot Size

0.22

Year Built

1923

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50218201

Features

General

Heating Wall Heat Forced Air

Possession Subject To Tenant Rights

Garage Detached Garage

Water Public Water

Appliances Dishwasher Dryer Range/Oven Refrigerator Washer

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1923

Subdivision None MI

County Monroe

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Monroe

Sale/Rent For Sale

Status Detail 0

Flood Insurance Not Required

Structure Style 2 Story

Area Monroe (58026)

Primary City Monroe

Directions Property is on the corner of Laplaisance and Broadway.

City Monroe

School District Monroe Public Schools

Financial Terms Cash Conventional

Legal Description COMM AT A PT AT S INTER LAPLAISANCE AND BROADWAY ST; TH S 5D E 175 FT; TH N 76D 23M W 110.8 FT; TH N 31D 22M E 175 FT TO POB PC 498

DOM 1

Postal Code 48161

Price Per Sq Ft Total AG 106.21

Public Remarks Investor opportunity with three occupied rental units generating $2

Interior

Basement Stone

Beds 5

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Frontage 171

Flood Plan None

Lot Size Area 0.22

Lot Dimensions 171x110x171

Waterfront Y/N No

* Excluded Features

List By

Charles Lemerand

Listing Agent

Coldwell Banker Haynes R.E. In Monroe

Broker

charleslemerand@gmail.com

Affordability Calculator

$1,472

Per Month

Monthly Principal & Interest: $1,199
Monthly Property Taxes: $273
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Monroe, MI

Average List Price ^$184,945

Percent of Sale Price 3%

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
8/12/2026	$189,900		Listed Price

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724 Laplaisance Road, Monroe, MI, 48161 is a Multi-Family Home for sale at $189,900 with 1,788 sqft and a lot size of 0.22. 724 Laplaisance Road has 5 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 48161 which is in Monroe, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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724 Laplaisance Road

Multi-Family Home for sale in Monroe, MI

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