902 E 8th

Monroe, MI 48161
  • $239,900

    Price
  • 7

    Bed
  • 3

    Bath
  • 2,838

    SqFt
  • 0.08

    Acre

About the Listing 107742 - SEB6501452803

UNIQUE THREE-UNIT INVESTMENT OPPORTUNITY! Excellent opportunity to own a duplex and detached single-family home on one parcel in an established Monroe neighborhood. This versatile property offers existing rental income with additional income potential. Duplex (902 E 8th Street): Fully occupied and currently generating $2,050 per month in gross rental income. Both tenants currently under lease. Features a spacious 3-bedroom lower unit, 2-bedroom upper unit, fenced yard, and separately metered gas and electric. Single-Family Home (906 E 8th Street): Recently updated 2-bedroom home featuring fresh professional paint, new flooring, and updated fixtures throughout. The home is sub-metered, with tenants responsible for gas, electric, and water, helping minimize owner-paid utility expenses. Vacant and ready for immediate occupancy, allowing the new owner to select their own tenant. POTENTIAL GROSS RENTAL INCOME OF $3,200–$3,500 PER MONTH ($38,400–$42,000 ANNUALLY) AT FULL OCCUPANCY! With three income-producing units across two separate buildings, this property offers an appealing combination of existing income, rental flexibility, and future investment potential. Ideal for investors looking to expand their portfolio or qualified owner-occupants interested in offsetting housing expenses with rental income. Don't miss opportunity to own this rare property. Schedule your private showing today! BTVAI

Listing Highlights for 902 E 8th

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 50225265
Year Built 1923
Total Square Footage 2,838
Lot/Acreage 0.08
County Monroe
Neighborhood Reisig
School District Monroe Public Schools

Interior Details

  • Bedrooms: 7
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2838
  • Basement: Block
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 3485 Sq Ft
  • Roof:
  • Others: Fenced Yard
  • Sewer: Public Sanitary

Financial Details

  • Tax Amount: $5,314
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

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902 E 8th Monroe, MI 48161

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Originating MLS: Southeastern Border Association of REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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