3042 S Custer Rd Monroe, MI 48161
Monroe AreaEstimated payment $2,120/month
Highlights
- River Front
- 5 Car Detached Garage
- Forced Air Heating System
About This Home
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.
Listing Agent
Wiens And Roth Real Estate - Lambertville License #MCAR-6501403015 Listed on: 07/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Lot Details
- 21,780 Sq Ft Lot
- Lot Dimensions are 65x383
- River Front
Parking
- 5 Car Detached Garage
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 12-220-038-00
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,143 | $118,600 | $0 | $118,600 |
| 2024 | $1,109 | $107,950 | $0 | $0 |
| 2023 | $1,056 | $96,350 | $0 | $0 |
| 2022 | $3,958 | $96,350 | $0 | $0 |
| 2021 | $4,233 | $95,500 | $0 | $0 |
| 2020 | $4,174 | $86,250 | $0 | $0 |
| 2019 | $823 | $86,250 | $0 | $0 |
| 2018 | $3,212 | $80,550 | $0 | $0 |
| 2017 | $3,140 | $75,500 | $0 | $0 |
| 2016 | $3,115 | $75,500 | $0 | $0 |
| 2015 | $3,044 | $72,050 | $0 | $0 |
| 2014 | $3,080 | $72,050 | $0 | $0 |
| 2013 | -- | $73,150 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $310,000 | -- | $123 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $191,000 | None Listed On Document | |
| Warranty Deed | $80,000 | None Listed On Document | |
| Contract Of Sale | -- | Hassett Title | |
| Quit Claim Deed | -- | Hassett Title | |
| Contract Of Sale | -- | Hassett Title |
Source: Michigan Multiple Listing Service
MLS Number: 50214766
APN: 12-220-038-00
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Source MLS: MiRealSource
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