1636 Peters Street Monroe, MI $ 116,000
1636 Peters Street
$ 116,000
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1636 Peters Street

Monroe, MI, 48161
$ 116,000
Bedrooms2 Baths2.0 Sq 1,092

Monthly Estimate*

$ 732

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Multi-Family Home for sale in Monroe, MI

for $116,000 with 2 bedrooms and 2 full baths. This 1,092 square foot home was built in 1942 on a lot size of 0.12.

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

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Multi-Family Active

Price

$ 116,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,039

Style

Lot Size

0.12

Year Built

1942

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50223639

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1942
Subdivision Consolidated Land Co Inc 1 MI
County Monroe
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Monroe
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Monroe (58026)
Primary City Monroe
City Monroe
School District Monroe Public Schools
Financial Terms Cash Conventional
Legal Description CONSOLIDATED LAND CO INC PLAT NO 1 LOT 156
DOM 0
Postal Code 48161
Price Per Sq Ft Total AG 106.23
Public Remarks
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Exterior
Frontage 35
Lot Size Area 0.12
Lot Dimensions 35x150
Waterfront Y/N No
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Interior
Beds 2
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Deborah Lambrix

Listing Agent

Real Estate One Monroe

Broker

6532deb@gmail.com

Email

Affordability Calculator

$819
Per Month
89%
11%
0%
Monthly Principal & Interest
$732
Monthly Property Taxes
$87
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
1521890 Elementary School
1521887 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$116,000 Listed Price

Map


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1636 Peters Street, Monroe, MI, 48161 is a Multi-Family Home for sale at $116,000 with 1,092 sqft and a lot size of 0.12. 1636 Peters Street has 2 bedrooms, 2.0 baths, and was built in 1942. The property's zip code is 48161 which is in Monroe, MI