3042 S Custer Road Monroe, MI $ 310,000
3042 S Custer Road
$ 310,000
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3042 S Custer Road

Monroe, MI, 48161
$ 310,000
Bedrooms5 Baths4.0 Sq 2,530

Monthly Estimate*

$ 1,957

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Multi-Family Home for sale in Monroe, MI

for $310,000 with 5 bedrooms and 4 full baths. This 2,530 square foot home was built on a lot size of 0.5.

Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.

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Multi-Family Active

Price

$ 310,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,943

Style

Lot Size

0.5

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50214766

Features
General
Heating Forced Air
Possession Long Term Tenant
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 9999
Subdivision None MI
County Monroe
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Monroe Twp
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Monroe Twp (58012)
Primary City Monroe
Directions West on Custer north side of the road
City Monroe
School District Monroe Public Schools
Financial Terms Cash Conventional Land Contract
Legal Description CITY/MUNI/TWP:MONROE TWP MAP 77 .50 AC SUPERVISORS PLAT NO 1 LOT 12
DOM 5
Postal Code 48161
Price Per Sq Ft Total AG 122.53
Public Remarks Turnkey fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3
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Exterior
Frontage 65
Lot Size Area 0.5
Lot Dimensions 65x383
Water Features River Frontage
Roads Paved Street
Waterfront Y/N Yes
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Interior
Beds 5
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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* Excluded Features
List By
Jennifer MacLeod

Listing Agent

Wiens And Roth Real Estate - Lambertville

Broker

123Soldbyjen@gmail.com

Email

Affordability Calculator

$2,369
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,957
Monthly Property Taxes
$412
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
7/14/2026$310,000 Listed Price

Map


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3042 S Custer Road, Monroe, MI, 48161 is a Multi-Family Home for sale at $310,000 with 2,530 sqft and a lot size of 0.5. 3042 S Custer Road has 5 bedrooms and 4.0 baths. The property's zip code is 48161 which is in Monroe, MI