3042 S Custer Rd Monroe, MI 48161
Monroe AreaEstimated payment $2,119/month
Highlights
- River Front
- 5 Car Detached Garage
- Forced Air Heating System
About This Home
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. Units are available for showings with 48 hr notice. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income 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 |
|---|---|---|---|---|
| 2026 | $4,947 | $126,100 | $0 | $126,100 |
| 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 |
|---|---|---|---|---|
| 08/19/2026 08/19/26 | Price Changed | $299,999 | -3.2% | $119 / 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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