Active

724 Laplaisance Road

Monroe, Michigan 48161
Mark as Favorite
Bed 0

Bed

Bath 3

Bath

SqFt1,788

Sqft

Acres0.22

Acre(Lot)

Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.

Detail Ic Property Details

Property Type : Multifamily

Price : $189,900

AD Id : 89466437

MLS Id : 57050218201

Lot Size : 0.22 Acre

Living Area Size : 1,788

Year Built : 1923

County : Monroe

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

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

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

  • Building Information

    Year Built: 1923 Building Stories: 2 Story Total Units: 3 Foundation/Basement: Basement
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.22 Lot Dimensions: 171x110x171
  • Property Information

    SQ ft: 1788 Subdivision: None Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $189,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: COMM AT A PT AT S INTER LAPLAISANCE AND BROADWAY ST; TH S 5D E 175 FT; TH N 76D 23M W 110.8 FT; TH N 31D 22M E 175 FT TO POB PC 498

  • Tax Information

    Annual Tax: $3,281 Parcel Number: 553900595000
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: COMM AT A PT AT S INTER LAPLAISANCE AND BROADWAY ST; TH S 5D E 175 FT; TH N 76D 23M W 110.8 FT; TH N 31D 22M E 175 FT TO POB PC 498

  • School Information

    School District: Monroe
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
Sell a home like this and save $10,895 Find out How

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.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
503 W 8th Street , Monroe, MI, 48161 $1,950 -- 2 1,127 1,127 SqFt
3042 S Custer Road , Monroe, MI, 48161 $310,000 -- 4 2,530 2,530 SqFt
760 Washington Street , Monroe, MI, 48161 $153,000 6 -- --
231 W 7th Street , Monroe, MI, 48161 $149,900 -- 2 1,630 1,630 SqFt
815 Union Street , Monroe, MI, 48161 $180,000 -- 2 1,296 1,296 SqFt
MLS Logo

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 08/18/2026 @ 16:35

MLS: 57050218201 LISTED BY: Charles Lemerand , Coldwell Banker Haynes R.E. in Monroe 734-242-8484 SOURCE: Realcomp II Ltd

Homes around $189,900

Selling? Save $10,895 when you sell a home like this

Tour with a ByOwner Agent