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3042 S Custer, Monroe, MI 48161

Monroe
Local realty services provided by:CENTURY 21 Signature Realty
3042 S Custer,Monroe, MI 48161
$310,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jennifer macleod
Office: wiens and roth real estate - lambertville
MLS#:50214766
Source:MI_REALSOURCE

Price summary

  • Price:$310,000

About this home

Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.

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Home facts

  • Year built:9999
  • Listing ID #:50214766
  • Added:1 day(s) ago
  • Updated:July 15, 2026 at 11:23 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:9999
  • Lot area:0.5 Acres
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$310,000
  • Tax amount:$4,943

Parking

  • Parking description:Detached Garage
  • Garage spaces:5
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Andrew Hauck

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