724 Laplaisance Rd Monroe, MI 48161
Central Monroe NeighborhoodEstimated payment $1,318/month
About This Home
Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
Listing Agent
Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501417613 Listed on: 08/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1923
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 171x110x171
Parking
- 2 Car Detached Garage
Interior Spaces
- 2-Story Property
- Basement
- Stone Basement
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
- Separate Meters
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 55 39 00595 000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,673 | $108,200 | $108,200 | $0 |
| 2024 | $1,598 | $105,640 | $0 | $0 |
| 2023 | $2,878 | $83,310 | $0 | $0 |
| 2022 | $2,838 | $83,310 | $0 | $0 |
| 2021 | $2,792 | $80,150 | $0 | $0 |
| 2020 | $2,636 | $69,400 | $0 | $0 |
| 2019 | $2,525 | $69,400 | $0 | $0 |
| 2018 | $2,458 | $58,440 | $0 | $0 |
| 2017 | $2,407 | $58,440 | $0 | $0 |
| 2016 | $2,360 | $53,420 | $0 | $0 |
| 2015 | $2,171 | $38,480 | $0 | $0 |
| 2014 | $2,171 | $38,480 | $0 | $0 |
| 2013 | -- | $37,980 | $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 |
|---|---|---|---|---|
| 08/12/2026 08/12/26 | For Sale | $189,900 | -- | $106 / 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 |
|---|---|---|---|
| Sheriffs Deed | $15,001 | None Available | |
| Deed | $120,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,000 | New Conventional |
Source: Michigan Multiple Listing Service
MLS Number: 50218201
APN: 55-39-00595-000
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.
Source MLS: MiRealSource
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Ask me questions while you tour the home.