$211,900

962 Adams St Monroe, MI 48161

Estimated payment $1,405/month

Total Views 416
6 Beds
2 Baths
1,862 Sq Ft
$114 Price per Sq Ft

Highlights

  • 0.72 Acre Lot
  • Ranch Style House
  • Forced Air Heating System
  • Deck
  • Porch

About This Home

Investors – Turnkey Passive Income Opportunity!
Discover this side-by-side manufactured duplex in Monroe Township, MI — perfect for generating steady passive income.

100% Occupied – Both units are currently rented.

Identical Floor Plans – Each unit offers:

3 spacious bedrooms

2 full bathrooms

Living room, kitchen, and in-unit laundry

This is a hassle-free investment opportunity in a high-demand rental area. Don’t miss out!

Showing Instructions: An agent must be present for all showings, and 48-hour notice is 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 1986

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 88x130

Home Design

  • 1,862 Sq Ft Home
  • Duplex
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 581211002900

Community Details

Overview

  • 2 Units
  • Frost Stoddard & Bravier Monroe Township Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Ranch
  • Architecture Level: 1 Story
  • Assessment: 400.26
  • Year Built: 1986
  • State Equalized Value: 76500.0000
  • Year Renovated: 2023
  • Foundation Features: Sump Pump
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1862
  • Total Sq Ft: 1862

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Monroe

Lot Info

  • Lot Size Area: 0.72
  • Lot Dimensions: 88X130
  • Parcel Number: 581211002900
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 3510

Tax Info

  • Tax Amount Summer: 588.0000
  • Tax Amount Winter: 2356.0000
  • Total Tax: 2944.0000
  • Taxable Value: 58540.0000

Multi Family

  • Gross Scheduled Income: 21060.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Monroe

Map

Range of Values:

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Average Value
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Sold Price
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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 $2,944 $67,350 $0 $0
2024 $588 $67,350 $0 $0
2023 $560 $48,350 $0 $0
2022 $2,538 $48,350 $0 $0
2021 $2,257 $45,450 $0 $0
2020 $2,242 $45,550 $0 $0
2019 $415 $45,550 $0 $0
2018 $2,056 $37,700 $0 $0
2017 $2,032 $36,050 $0 $0
2016 $2,030 $36,050 $0 $0
2015 $2,030 $37,350 $0 $0
2014 $2,022 $37,350 $0 $0
2013 -- $35,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $211,900 +149.3% $114 / Sq Ft
03/04/2022 03/04/22 Sold $85,000 -22.7% $46 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $110,000 -- $59 / 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 $85,000 Lawyers Title
Deed $89,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Land Contract Argmt. Of Sale
Source: Public Records

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Source: Realcomp

MLS Number: 20251025022

Realcomp

APN: 12-110-029-00