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231 W 7th ST, Monroe, MI 48161

Monroe
Local realty services provided by:CENTURY 21 Signature Realty
231 W 7th ST,Monroe, MI 48161
$139,900
  • 3 Beds
  • 2 Baths
  • 1,630 sq. ft.
  • Multi-family
  • Active
Listed by: mitchell petree
Office: bnd realty
MLS#:57050213050
Source:MI_REALCOMP

Price summary

  • Price:$139,900
  • Price per sq. ft.:$85.83

About this home

Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.

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Home facts

  • Year built:1903
  • Subdivision & Development:CURTIS & WILSON - MONROE CITY
  • Listing ID #:57050213050
  • Added:55 day(s) ago
  • Updated:August 21, 2026 at 09:59 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Block
  • Living area:1,630 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Forced Air, Natural Gas, Separate Meters

Structure and exterior

  • Year built:1903
  • Building area:1,630 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Aluminum Siding
  • Exterior Features:Balcony, Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$139,900
  • Price per sq. ft.:$85.83
  • Tax amount:$3,994

Features and amenities

  • Appliances:Oven, Range, Refrigerator

Parking

  • Parking description:On Street
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