3042 S Custer Road
Monroe, Michigan 48161
0
Bed
4
Bath
2,530Sqft
0.50Acre(Lot)
Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation façade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn ca
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 4 Full Baths: 4 -
Heating & Cooling
Heating: Forced Air,Separate Meters Heating Fuel: Natural Gas
-
Building Information
Year Built: 9999 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.50 Lot Dimensions: 65x383 Waterfront Description: River Front -
Property Information
SQ ft: 2530 Subdivision: None Financing: Cash,Contract,Conventional
-
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
-
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
-
School Information
School District: Monroe -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
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 |
| 231 W 7th Street , Monroe, MI, 48161 | $169,900 | -- | 2 | 1,630 | 1,630 SqFt |
| 815 Union Street , Monroe, MI, 48161 | $180,000 | -- | 2 | 1,296 | 1,296 SqFt |
Similar Multifamily To 3042 S Custer Road
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 07/18/2026 @ 19:54
More Cities with for Sale by Owner Homes
- Monroe Homes For Sale By Owner
- La Salle Homes For Sale By Owner
- Ida Homes For Sale By Owner
- Luna Pier Homes For Sale By Owner
- Maybee Homes For Sale By Owner
- Erie Homes For Sale By Owner
- Temperance Homes For Sale By Owner
- Carleton Homes For Sale By Owner
- Newport Homes For Sale By Owner
- Dundee Homes For Sale By Owner
- Petersburg Homes For Sale By Owner
- Lambertville Homes For Sale By Owner
- South Rockwood Homes For Sale By Owner
- Ottawa Lake Homes For Sale By Owner
- New Boston Homes For Sale By Owner
- Willis Homes For Sale By Owner
- Flat Rock Homes For Sale By Owner
- Rockwood Homes For Sale By Owner
- Milan Homes For Sale By Owner
- Oregon Homes For Sale By Owner
Homes around $310,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.