Fantastic income producing opportunity with this well laid out duplex offering two separate living spaces. The first floor unit features one bedroom, one and a half bathrooms, a full basement, and the potential to be reconfigured into a two bedroom layout. The second floor unit offers two bedrooms and one full bathroom with a comfortable and functional design. Conveniently located near shopping, dining, and major expressways, this property is ideal for investors or owner occupants looking to build equity and maximize rental potential. A solid addition to any portfolio.
Welcome to 310 East Noble Street in Monroe, MI! Excellent duplex opportunity in great area for an investor. Each unit has separate entrance, enclosed porch, back patio, and basement. Each unit is a 3BR/1 Bath with a first and second story. Separate driveways for off-street parking. All utilities are metered separately. Currently, both units occupied--$1200 & $1237/month. You will not want to miss the opportunity for a well setup multi family in this area of town. Please setup a showing today! BATVAI
Welcome to 628 Washington! Excellent investor duplex located in a safe and convenient corner lot just yards off of S Monroe Street. Super convenient location. Larger 3BR/1 Bath unit entrance is located on Washington. Long term tenant currently renting unit for $1300/month. Smaller 1BR/ 1 Bath unit entrance is located on E 7th Street, unit is listed for $850/month. Off Street parking is available for each unit. Gas & Electric are metered separately with water being common to the building. You will not want to miss out on this one. Schedule your showing today! BATVAI
FULLY occupied duplex just outside of downtown Monroe! Old World charm abounds in this quality duplex with hardwood floors throughout. Each unit is 3BR/1Bath. Location is KEY on this property as it sits just yards from downtown Monroe and a bustling corridor that is developing quickly. Both units currently rented for $1125/month. Off-street parking is available in the rear. Property also includes a fenced in yard. Great property! BATVAI
Welcome to 151 N Macomb Street in the heart of Monroe! This spacious 5-bedroom, 2-bath duplex offers an incredible opportunity for both homeowners and investors alike. The upper unit features 3 bedrooms, while the lower unit offers 2 bedrooms, providing flexibility and plenty of space. Enjoy abundant natural lighting throughout, creating a bright and welcoming atmosphere in every room. The property also includes a garage for convenient parking and storage. Live in one unit and rent out the other to offset your mortgage or add a great property to your investment portfolio! Newer electrical, plumbing, and HVAC. All separate utilities including water. Donâ??t miss your chance to own this versatile and charming duplex in a prime location!
Calling all Investors! Fully-occupied duplex in quiet corner lot of Monroe's West Side. Both tenants have occupied the property for 3+ years. New Roof in 2020 and Brand New Boiler in 2023. Tenants pay separate Gas and Electric. Water is common to the property. Large Garage/Barn with spacious paved driveway. Upper unit is a 1BR/1 Bath is rented for $875/month. Larger bottom unit is a 2/3BR and 1Bath and is rented for $1000/month. Please reach out for your showing today as this property will not last long! BATVAI
Investor Special! Fully occupied duplex on corner lot. Convenient location not even one block off of S Monroe Street. Both tenants currently under lease with a 2BR unit rented for $975/month and 1BR unit rented for $800/month. Tenants pay all of their own utilities--Gas, Electric, Water/Sewer. 2BR unit includes central A/C and a bonus finished attic room. Schedule your showing soon! BATVAI
Welcome to 229 Michigan Avenue! Well maintained duplex in quiet and desirable pocket of Monroe. Property is currently fully rented with upstairs unit rented for $1000/month and downstairs rented for $1200/month. Gas & Water are currently included in rent and electric is the responsibility of the tenant. Upper unit has separate side entrance. Property has a full basement and 1-car garage which are used by the lower tenant. Please reach out today to schedule your showing! BATVAI
Investment opportunity! Affordable duplex, both occupied. 815 Union is a 2 bedroom 1 bath unit. 821 Union is a 1 bedroom 1 bath unit. Large yard. Basement - New basement floor and new patio 2025. New porch railing. 820 Union-new kitchen cabinets, new bathroom vanity and toilet. Both tenants pay their own separate utilities. Nice porch. Across from newly built park.
Great 3 unit income property with units 2 and 3 vacant. Great location close to downtown Monroe. Live in a vacant unit and rent the other 2. Some fresh paint and flooring in some of the units and rooms. Some other items being improved and/or repaired.
Great Investor Duplex! Spacious Fully-Occupied duplex located on quiet section of E 8th Street near Navarre Field. Fenced in yard and 2-car garage in back currently being utilized by tenant. Partially finished basement comes with the bottom unit (2/3BR). Upper unit includes massive finished attic space (3BR). Tenants are responsible for electric. Excellent for full rental or landlord who wants to live in one unit and rent out the other. Schedule your showing today! BATVAI
Rare investment opportunity! This fully occupied 10-unit apartment property spans four distinct buildings on a single lot, ideally located at the corner of E Front St and Kentucky Ave. Just steps from a park and tennis courts. Built in 1883 and thoughtfully updated, the property offers a mix of 1, 2, and 3-bedroom units, all with 1 bathroom, plus a shared coin-operated laundry. Recent renovations include new roofing, luxury vinyl plank flooring, updated water heaters, key-code entry locks, and interior upgrades throughout most units. Tenants are on one-year leases, with a strong rental history and consistent on-time payments. Current gross income is approx. $116,000/year (including laundry) with a pro forma potential of $121,000/year. Estimated annual expenses are approx. $26,000, with a current net operating income of about $90,000 and a cap rate near 10% at the asking price. Donâ??t miss this chance to own a stabilized, income-producing multifamily property with upside potential in the heart of Monroe!
River View Investment Property!!! This 11 unit is situated directly accross from a long river front park with pavilions, grills and tables, fishing & picniking. Units rent from $775 to $925. Seperate Electric and Gas, Common Water. Land Contract with 25% down possible.
Charming two-family home in a desirable neighborhood, close to shopping, schools, and all amenities. Features original woodwork, hardwood floors under most carpets, and a walk-up attic for extra space. The main level includes basement storage. Recent updates include roof, water heater, sewer line, and separate gas and electric utilities. Ideal for investment or owner-occupant.
Highly sought-after cashflow property located in the heart of Monroe. 100% occupied large triplex. Includes a spacious entry level 2BR/1 Bath unit, a 1BR/1 Bath, and an upstairs 2BR/1 bath unit. All 3 units currently under lease. Additional parking and garage for storage in rear of property. Impressive Victorian woodwork and built-ins throughout the property add charm to this Monroe gem. Separate electric meters for each unit as well as a house meter. BTVAI
Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income!
It is a fantastic investment property. Rent all 3 units out or live in one and rent the others. So many options. Beautifully maintained and spacious units. 3 car garage, full basement shared access for main floor units, upper unit access from outside. Huge lot. Upper unit has a large attic for storage. Unit 1: Main floor: 2 bedrooms, 1.5 baths. Unit 2: Upper: 2 bedrooms. Unit 3: Main Floor living space with 1 bath
Monroe is located in Michigan. Monroe, Michigan has a population of 20,344. Monroe is more family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 27.13%.
The median household income in Monroe, Michigan is $53,644. The median household income for the surrounding county is $68,006 compared to the national median of $69,021. The median age of people living in Monroe is 37.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 34.4 inches per year, with 37.4 inches of snow per year.
