$195,000

28 W 7th St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated payment $1,266/month

3 Beds
2 Baths
1,322 Sq Ft
$148 Price per Sq Ft

Highlights

  • Corner Lot
  • Bungalow
  • Forced Air Heating System
  • Porch
  • 1-Story Property
  • 1-minute walk to Memorial Park

About This Home

Investor Special! Fully occupied duplex on corner lot. Convenient location not even one block off of S Monroe Street. Both tenants currently under lease with a 2BR unit rented for $975/month and 1BR unit rented for $800/month. Tenants pay all of their own utilities--Gas, Electric, Water/Sewer. 2BR unit includes central A/C and a bonus finished attic room. Schedule your showing soon! BATVAI

Listing Agent

Mitch Petree

Key Realty One LLC - South Monroe License #MCAR-6501452803 Listed on: 09/15/2025

Co-Listing Agent

Douglas Dale

Key Realty One LLC - South Monroe License #MCAR-6506047127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 76x62
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 1-Story Property
  • Porch
  • Basement

Community Details

  • 2 Units
  • Old Village West Of Monroe St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-29-00199-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,835

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Bungalow
  • Total Tax Amount: 2835
  • Year Built: 1940
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Type: Outside Entrance
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1322

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch, Sidewalks
  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 55-29-00199-000
  • Location: Corner Lot
  • Lot Dimensions: 76x62
  • Acreage: 0.11
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,436.00
  • Winter Tax: Year: 2024, Amount: $1,399.00
  • Total Tax: Amount: $2,835.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,835 $71,300 $71,300 $0
2024 $1,436 $67,760 $0 $0
2023 $1,374 $52,510 $0 $0
2022 $2,695 $52,510 $0 $0
2021 $2,698 $47,480 $0 $0
2020 $2,407 $39,330 $0 $0
2019 $1,190 $39,330 $0 $0
2018 $1,158 $31,720 $0 $0
2017 $1,134 $31,720 $0 $0
2016 $1,109 $29,470 $0 $0
2015 $1,067 $24,120 $0 $0
2014 $1,067 $24,120 $0 $0
2013 -- $25,560 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $195,000 -- $148 / Sq Ft
Source: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Liberty Title & Escrow Co
Quit Claim Deed $73,500 Lawyers Title
Deed $9,200 --
Deed -- --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,050 New Conventional
Previous Owner $109,824 Unknown
Previous Owner $15,739 Unknown
Previous Owner $75,000 New Conventional
Source: Public Records

Source: Michigan Multiple Listing Service

MLS Number: 50188522

Michigan Multiple Listing Service

APN: 55-29-00199-000

Michigan Monroe County Monroe 48161 Southwest Monroe

28 W 7th St, Monroe, MI

This home is located at 28 W 7th St, Monroe, MI 48161 and is currently priced at $195,000, approximately $147 per square foot. This property was built in 1940. 28 W 7th St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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Listing Agent
Mitch Petree
Section Image
Key Realty One LLC - South Monroe
(734) 251-5997