LKV Realty
Logo
$149,900
$650Reward *
231 W 7th Street, Monroe, MI 48161Listing ID 50213050

231 W 7th Street, Monroe, MI 48161

Active
Curtis & Wilson - Monroe City
Time on site: 45 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,630
Acres
Acres
0.14
Days on Site
Days on Site
45
Cooling
Cooling
Ceiling Fan(s)
Heating
Heating
Forced Air
Year Built
Year Built
1903
Stories
Stories
2
Parking
Parking
On Street

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 Information

Property Details

Location

Address
231 W 7th Street
County
Monroe
City
Monroe
Zip Code
48161
Subdivision
Curtis & Wilson - Monroe City
School District
Monroe Public Schools
MLS Area
Monroe (58026)
BND Realty, (734) 755-1970

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,630
Year Built
1903
Stories
2
Construction
Aluminum Siding
Foundation
Basement

Property Taxes

Tax Annual Amount
$3,994
Tax Year
2025

Market Report for 48161

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

SEB6501452803