261 S Main Street Romeo, MI $ 400,000
261 S Main Street
$ 400,000
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261 S Main Street

Romeo, MI, 48065
$ 400,000
Baths4.0 Sq 2,078

Monthly Estimate*

$ 2,495

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Studio

Multi-Family Home for sale in Romeo, MI

for $400,000 with 4 full baths. This 2,078 square foot home was built in 1920 on a lot size of 0.51.

Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently all units are occupied displaying the high demand for rentals in the area. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo's shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.

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Multi-Family Active

Price

$ 400,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,106

Style

Lot Size

0.51

Year Built

1920

Town/City

Romeo

County/Region

Macomb

MLS | Web ID

60936006

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1920
Subdivision A/P # 08 Romeo/Wash MI
Water Heater Gas
County Macomb
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Romeo
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Romeo (50000)
Primary City Romeo
Directions M-53 To 32 Mile West To Main St South Located On East Side
City Romeo
School District Romeo Community Schools
Financial Terms Cash Conventional
Legal Description ASSESSORS PLAT NO 8 DESC AS THE N 55 FT OF LOT 31
DOM 84
Postal Code 48065
Price Per Sq Ft Total AG 192.49
Public Remarks Located in the vibrant and charming downtown Village of Romeo Michigan
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Interior
Basement MI Basement
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Wood
Exterior Amenities Porch
Frontage 55
Lot Size Area 0.51
Lot Dimensions 55X404
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Joseph Petzold

Listing Agent

Wessel Realty

Broker

petzoldjoe@gmail.com

Email

Affordability Calculator

$3,254
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$759
Monthly 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
760221 Elementary School
760372 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$400,000 -5.88% Price Down
11/15/2025$425,000 -5.56% Price Down
9/25/2025$450,000 -5.26% Price Down
9/11/2025$475,000 Listed Price

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261 S Main Street, Romeo, MI, 48065 is a Multi-Family Home for sale at $400,000 with 2,078 sqft and a lot size of 0.51. 261 S Main Street is a studio with 4.0 baths and was built in 1920. The property's zip code is 48065 which is in Romeo, MI