For Sale
Multi family home for sale at 231 W 7th Street, Monroe, MI 48161 | MLS# 57050213050 | Listing updated on 2026-09-12
Photo 1 of Multi family home for sale at 231 W 7th Street, Monroe, MI 48161 | MLS# 57050213050 | Listing updated on 2026-09-12
Photo 2 of Multi family home for sale at 231 W 7th Street, Monroe, MI 48161 | MLS# 57050213050 | Listing updated on 2026-09-12
Photo 3 of Multi family home for sale at 231 W 7th Street, Monroe, MI 48161 | MLS# 57050213050 | Listing updated on 2026-09-12
Photo 4 of Multi family home for sale at 231 W 7th Street, Monroe, MI 48161 | MLS# 57050213050 | Listing updated on 2026-09-12
18+
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$124,900

Monthly Est:$622

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,630sqft

231 W 7th Street, Monroe, MI 48161

$622/moEst:

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  • Multi Family

  • Built in 1903

  • $-- HOA

  • 6,098.4 sqft lot

  • $77/sq.ft

Description

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 ove...

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  • Houzeo last checked: 12 minutes ago
  • Listing updated: September 12, 2026 at 1:13 pm
  • Listing Provided by: Mitchell Petree | BND Realty (734) 755-1970
  • Source: Realcomp MLS-MI | MLS#: 57050213050 Realcomp MLS-MI
  • Originating MLS: Southeastern Border Association of REALTORS

Part of

Building
231 W 7th St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Monroe County

  • City

    Monroe

  • Neighborhood

    --

  • Year Built

    1903

  • HOA Fees

    -

  • Finished Area

    1,630 sqft

  • Lot Size

    6,098.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    57050213050

  • MLS Status

    Active

  • Days on Market

    82

  • Cumulative Days on Market

    77

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Appliances

    Oven, Refrigerator, Range

  • Exterior Features

    Balcony

  • Heating

    Forced Air, Natural Gas, Separate Meters

  • Cooling

    Ceiling Fans

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1903

  • Home type

    Multi Family

  • Foundation Details

    Basement, Block

  • Construction Materials

    Aluminum Siding

Utilities & Energy

  • Parking Features

    On Street

  • Basement

    Block

  • Water Source

    Public

Other Features

  • Subdivision Name

    Curtis & Wilson Monroe City

  • Disclosures

    Flood Ins Not Reqd, Flood Plain None, Taxes Not Homestead Exempt

  • Patio And Porch Features

    Porch

Price History

DateEventPrice

09/12/2026

Source: mls_logoMiRealSource MLS-MI #50213050

Price Decreased

$124,900 -3.85%

$77/sqft

08/28/2026

Source: mls_logoMiRealSource MLS-MI #50213050

Price Decreased

$129,900 -7.15%

$80/sqft

08/18/2026

Source: mls_logoMiRealSource MLS-MI #50213050

Price Decreased

$139,900 -6.67%

$86/sqft

07/30/2026

Source: mls_logoRealcomp MLS-MI #57050213050

Price Decreased

$149,900 -9.10%

$92/sqft

07/21/2026

Source: mls_logoMiRealSource MLS-MI #50213050

Price Decreased

$164,900 -2.94%

$101/sqft

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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 18, 2026, 03:30AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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