Brick exterior building with multiple windows, a flat roof, and two red entry doors
Active

910 Monroe Street

Carleton, Michigan 48117
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Bed 3

Bed

Bath 3

Bath

SqFt3,856

Sqft

Acres0.08

Acre(Lot)

LAND CONTRACT TERMS AVAILABLE WITH 25% DOWN. 910 Monroe Street sits at the heart of downtown Carleton, offering a rare chance to own a piece of the community's history while building real, tangible income. Believed to be the oldest commercial building in Carleton, this 1890-built mixed-use property spans 3,856 square feet above grade and combines a ground-floor commercial unit with three second-floor apartments — a layout built for flexibility, whether you're launching a storefront, growing a portfolio, or doing both at once. The main level presents a blank canvas: a vacant commercial space ready for your business concept, retail vision, or office use, positioned to take advantage of steady downtown foot traffic. Upstairs, three residential units—two one-bedroom apartments and a studio—are currently occupied and generate $1,650 in monthly rental income. All three apartments received new windows in 2023, a meaningful upgrade that improves energy efficiency and reduces near-term maintenance costs for the next owner. What makes this property stand out is the built-in income stream working in your favor from day one — tenant rent already offsetting the mortgage while you determine your plans for the commercial space below. Few opportunities offer this level of built-in cash flow paired with the character and street presence of a nearly 135-year-old landmark building. This is a motivated seller situation, and the numbers speak for themselves. Showings require 24 hours' notice along with proof of funds or pre-approval, so serious buyers should come prepared to move. Historic character, income-producing tenants, and downtown visibility rarely align this well — schedule your showing before this one is gone.

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Detail Ic Property Details

Property Type : Multifamily

Price : $255,000

AD Id : 90842099

MLS Id : 20261069235

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 3,856

Year Built : 1890

County : Monroe

Subdivision: Herig

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Feature Features

  • Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Heating & Cooling

    Heating: Forced Air,Wall Furnace Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1890 Building Stories: 2 Story Total Units: 3 Foundation/Basement: Crawl Architecture: Historic
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.08 Lot Dimensions: 140x155x68 Frontage Feet: 140
  • Property Information

    SQ ft: 3856 Subdivision: Carleton Village Blk 1 Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $255,000
  • Listing Information

    Possession: At Close Legal Description: 865-433 912-881 CARLETON VILLAGE BLOCK 1 THAT PART OF LOT 11 S OF D T & I R R R/W.

  • Tax Information

    Annual Tax: $2,461 Parcel Number: 584103001200
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: 865-433 912-881 CARLETON VILLAGE BLOCK 1 THAT PART OF LOT 11 S OF D T & I R R R/W.

  • Unit 1 Information

    # of Bedrooms: 3

  • School Information

    School District: Airport
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12660 Grafton Road #1, Carleton, MI, 48117 $389,900 3 2 3,007 3,007 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/30/2026 @ 16:10

MLS: 20261069235 LISTED BY: Greg Kime , Kime Realty 734-446-5744 SOURCE: Realcomp II Ltd

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