$169,900
231 W 7th Street
Monroe, MI, 48161
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
Price:
$169,900
MLS #:
50213050
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subdivision:
Monroe City
Listed Date:
Jun 27, 2026
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1903
Schools
Interior
Heating
Forced Air
Exterior
Construction Materials
Aluminum Siding, Block
Lot Features
Corner Lot
Financial
Mortgage Calculator
Map
Current real estate data for Single Family in Monroe as of Jul 09, 2026
101
Single Family Listed
103
Avg DOM
166
Avg $ / SqFt
$357,947
Avg List Price
Community
- Address231 W 7th Street Monroe MI
- SubdivisionMonroe City
- CityMonroe
- CountyMonroe
- Zip Code48161
Subdivisions in Monroe
Similar Listings Nearby
Property Summary
- Located in the Monroe City subdivision, 231 W 7th Street Monroe MI is a Single Family for sale in Monroe, MI, 48161. It is listed for $169,900 and features 0 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1903. The average price per square foot for Single Family listings in Monroe is $166. The average listing price for Single Family in Monroe is $357,947.
231 W 7th Street
Monroe, MI