$185,000

Estimated payment $1,343/month

Total Views 550
4 Beds
4 Baths
1,900 Sq Ft
$97 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Colonial Architecture
  • Asbestos

About This Home

Investment Opportunity: Maintained Quadplex in Monroe

Great investment opportunity with this well-maintained quadplex located in the heart of Monroe. Each of the four units features 1 bedroom and 1 bathroom, offering consistent rental potential. The property includes:

One shared entrance and two separate private entrances.

Spacious yard ideal for tenants.

Prime location close to shopping, downtown, and expressways.

This property offers the perfect blend of comfort, convenience, and income potential.

Showing Instructions:
An agent must be present for all showings. 48-hour notice required. BATVAI

Listing Agent

Dawn Jerore-Zachariah

Irongate Realty Group License #6501462035 Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910 | Remodeled in 2015

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 1,900 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 58551900138000

Community Details

Overview

  • 4 Units
  • Bacon & Sweeneys Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,955

Year Built

Built in 1910 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 71600.0000
  • Year Renovated: 2015
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 1900
  • Total Sq Ft: 1900
  • Sq Ft Total Bsmt: 1142

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Asbestos
  • Foundation Materials: Stone
  • Frontage Feet: 100
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Monroe

Lot Info

  • Lot Size Area: 0.34
  • Lot Dimensions: 100X150
  • Parcel Number: 58551900138000
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection, Water
  • Monthly Rental Income: 2480

Tax Info

  • Tax Amount Summer: 2003.0000
  • Tax Amount Winter: 1952.0000
  • Total Tax: 3955.0000
  • Taxable Value: 66050.0000

Multi Family

  • Gross Scheduled Income: 29760.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Monroe

Map

Range of Values:

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Average Value
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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 $3,955 $67,500 $0 $0
2024 $2,003 $67,500 $0 $0
2023 $1,916 $51,170 $0 $0
2022 $1,581 $51,170 $0 $0
2021 $1,529 $48,270 $0 $0
2020 $1,448 $42,490 $0 $0
2019 $1,387 $42,490 $0 $0
2018 $1,351 $39,100 $0 $0
2017 $1,323 $39,100 $0 $0
2016 $1,298 $31,960 $0 $0
2015 $1,255 $22,240 $0 $0
2014 $1,255 $22,240 $0 $0
2013 -- $24,170 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $185,000 -- $97 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $153,000 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,750 New Conventional
Source: Public Records

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Source: Realcomp

MLS Number: 20251025040

Realcomp

APN: 55-19-00138-000