3042 S Custer Road
Monroe, Michigan 48161
0
Bed
4
Bath
2,530Sqft
0.50Acre(Lot)
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4 -
Heating & Cooling
Heating: Forced Air,Separate Meters Heating Fuel: Natural Gas
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Building Information
Year Built: 9999 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.50 Lot Dimensions: 65x383 Waterfront Description: River Front -
Property Information
SQ ft: 2530 Subdivision: None Financing: Cash,Contract,Conventional
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Listing Price Information
Original List Price: $310,000 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: CITY/MUNI/TWP:MONROE TWP MAP 77 .50 AC SUPERVISORS PLAT NO 1 LOT 12
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Tax Information
Annual Tax: $4,943 Parcel Number: 1222003800Possession
Subject To Tenant RightsLegal Information
Legal Description: Section: CITY/MUNI/TWP:MONROE TWP MAP 77 .50 AC SUPERVISORS PLAT NO 1 LOT 12
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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 |
|---|---|---|---|---|---|
| 68 Navarre Street , Monroe, MI, 48161 | $169,000 | -- | 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 |
| 760 Washington Street , Monroe, MI, 48161 | $143,000 | 6 | -- | -- | 0.15 Acre |
| 231 W 7th Street , Monroe, MI, 48161 | $129,900 | -- | 2 | 1,630 | 0.14 Acre |
| 815 Union Street , Monroe, MI, 48161 | $180,000 | -- | 2 | 1,296 | 0.26 Acre |
| 15597 Norway Street , Monroe, MI, 48161 | $274,900 | 7 | 3 | 9,999 | 0.94 Acre |
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Nearby For Sale
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 09/02/2026 @ 11:09
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