231 W 7th

Monroe, MI 48161
  • $149,900

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,630

    SqFt

About the Listing 107742 - SEB6501452803

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.

Listing Highlights

Status Active
Days on Site 35
Property Type Multi-Family
MLS ® 50213050
Year Built 1903
Total Square Footage 1,630
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances: Range/Oven, Refrigerator
  • Air Cond: Ceiling Fan(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1630
  • Below Ground Sq Ft: n/a
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 6098.4 Sq Feet
  • Roof:
  • Others: Porch,Exterior Balcony
  • Sewer: Public Sanitary
  • Parking Features: On Street

Financial Details

  • Tax Amount: $3,994
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

231 W 7th Monroe, MI 48161

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Southeastern Border Association of REALTORS

Agent profile image in chat bubble
Agent profile image in chat header

Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

Agent profile image in message

or another way