50223639-4023f1c6-f08d-428d-a05e-8e62834d772d.JPG
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1636 Peters Street

Monroe, Michigan 48161
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Bed 0

Bed

Bath 2

Bath

SqFt1,092

Sqft

Acres0.12

Acre(Lot)

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether y ou're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

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Detail Ic Property Details

Property Type : Multifamily

Price : $116,000

AD Id : 91631483

MLS Id : 57050223639

Lot Size : 0.12 Acre

Living Area Size : 1,092 Sq. Ft

Tax Amount : $1,039

Year Built : 1942

County : Monroe

Subdivision: Consolidated Land Co Inc 1

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Heating & Cooling

    Heating: Forced Air,Separate Meters Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1942 Building Stories: 1 Story Total Units: 2 Foundation/Basement: Crawl
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.12 Lot Dimensions: 35x150
  • Property Information

    SQ ft: 1092 Subdivision: Consolidated Land Co Inc 1 Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $116,000
  • Listing Information

    Possession: At Close Legal Description: CONSOLIDATED LAND CO INC PLAT NO 1 LOT 156

  • Tax Information

    Annual Tax: $1,039 Parcel Number: 554900256000
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: CONSOLIDATED LAND CO INC PLAT NO 1 LOT 156

  • School Information

    School District: Monroe
  • Utility Information

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

Address Estimate Bed Bath Sq. Ft Lot Size
524-526 Eastchester Str.., Monroe, MI, 48161 $85,000 3 2 1,842 0.10 Acre
68 Navarre Street , Monroe, MI, 48161 $139,000 -- 2.5 2,013 0.05 Acre
503 W 8th Street , Monroe, MI, 48161 $1,850 -- 2 1,127 0.37 Acre
724 Laplaisance Road , Monroe, MI, 48161 $189,900 -- 3 1,788 0.22 Acre
3042 S Custer Road , Monroe, MI, 48161 $299,999 -- 4 2,530 0.50 Acre
231 W 7th Street , Monroe, MI, 48161 $129,900 -- 2 1,630 0.14 Acre
15597 Norway Street , Monroe, MI, 48161 $259,900 7 3 9,999 0.94 Acre
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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 10/03/2026 @ 18:44

MLS: 57050223639 LISTED BY: Deborah Lambrix , Real Estate One Monroe 734-244-5605 SOURCE: Realcomp II Ltd

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