$194,750

28 W 7th St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated payment $1,255/month

Total Views 1,587
3 Beds
2 Baths
1,322 Sq Ft
$147 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

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 List to Sale Price per Sq Ft
11/04/2025 11/04/25 Price Changed $194,750 -0.1% $147 / Sq Ft
10/25/2025 10/25/25 Price Changed $194,900 -0.1% $147 / Sq Ft
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 $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

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