231 W 7th Street
Monroe, Michigan 48161
0
Bed
2
Bath
1,630Sqft
0.14Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Porches: Balcony,Porch -
Heating & Cooling
Cooling: Ceiling Fan(s) Heating: Forced Air,Separate Meters Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1903 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.14 Lot Dimensions: 6098.4 Sq Feet -
Property Information
SQ ft: 1630 Subdivision: Curtis & Wilson - Monroe City Financing: Cash,Conventional
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Listing Price Information
Original List Price: $179,900 -
Listing Information
Possession: At Close Legal Description: CURTIS AND WILSON PLAT PART OF LOTS 23 & 24, DESC AS COMM AT NWLY COR OF LOT 23 AS POB, TH S 70D 33M 00S E 75 FT; TH S 19D 30M 00S W 80.04 FT; TH N 70D 33M 00S W 75 FT; TH N 19D 30M 00S E 80.03 FT TO POB.
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Tax Information
Annual Tax: $3,994 Parcel Number: 552900026001Possession
At CloseLegal Information
Legal Description: Section: CURTIS AND WILSON PLAT PART OF LOTS 23 & 24, DESC AS COMM AT NWLY COR OF LOT 23 AS POB, TH S 70D 33M 00S E 75 FT; TH S 19D 30M 00S W 80.04 FT; TH N 70D 33M 00S W 75 FT; TH N 19D 30M 00S E 80.03 FT TO POB.
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School Information
School District: Monroe -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1260 E 5th Street , Monroe, MI, 48161 | $119,900 | -- | 2 | 1,092 | 1,092 SqFt |
| 1137 E 8th Street , Monroe, MI, 48161 | $164,900 | 4 | 2 | 1,340 | 1,340 SqFt |
| 926 E Front Street , Monroe, MI, 48161 | $799,000 | -- | 10 | 7,066 | 7,066 SqFt |
| 815 Union Street , Monroe, MI, 48161 | $180,000 | -- | 2 | 1,296 | 1,296 SqFt |
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ByOwner last updated this listing 07/08/2026 @ 19:54
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