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Sold for $293,000
  • $293,000

    1724 S Custer Rd, Monroe, MI 48161

    10beds
    4,370sqft
    Duplex
    Built in 1950
    -- sqft lot
    $294,400 Zestimate®
    $67/sqft
    $1,482 Estimated rent

    Home value

    $294,400

    $277,000 - $312,000

    $1,482/mo

    Zestimate® history
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    $1,842/mo

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    What's special

    Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. 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! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey A Menzer 734-925-3444,

    RE/MAX Moves

    Bought with:

    Penny Tarwacki, 6501231159

    Real Estate One-Southgate

    Source: Realcomp II,MLS#: 20250033364MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,370 sqft
    • Finished area above ground: 4,370

    Property

    Parking
    • Total spaces: 12
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Porch
    • Exterior features: Balcony
    • Pool features: None
    • Fencing: Fenced
    Lot
    • Size: 0.33 Acres
    • Dimensions: 120.00 x 120.00
    Details
    • Parcel number: 58551900980000
    • Zoning description: Commercial
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex,Upper Lower Apartment
    • Property subtype: Duplex
    Materials
    • Asphalt, Brick
    • Foundation: Basement, Block, Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Separate Meters
    • Utilities for property: Above Ground Utilities

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Monroe
    • Subdivision: WERTENBERGER PLACE - MONROE CITY

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Contract,Conventional,FHA,FHA 203K,Trade 1031 Exchange

    Price history

    DateEventPrice
    5/4/2026Sold$293,000-5.2%$67/sqft
    Source: Realcomp II #20250033364 Report a problem
    4/7/2026Pending sale$309,000$71/sqft
    Source: Realcomp II #20250033364 Report a problem
    3/16/2026Listed for sale$309,000$71/sqft
    Source: Realcomp II #20250033364 Report a problem
    2/15/2026Pending sale$309,000$71/sqft
    Source: Realcomp II #20250033364 Report a problem
    10/22/2025Listed for sale$309,000$71/sqft
    Source: Realcomp II #20250033364 Report a problem
    9/24/2025Pending sale$309,000$71/sqft
    Source: Realcomp II #20250033364 Report a problem
    1/15/2025Price change$309,000-6.1%$71/sqft
    Source: Realcomp II #20240028637 Report a problem
    9/30/2024Price change$329,000-2.9%$75/sqft
    Source: Realcomp II #20240028637 Report a problem
    9/20/2024Listed for sale$339,000$78/sqft
    Source: Realcomp II #20240028637 Report a problem
    6/10/2024Listing removed--
    Source: Realcomp II #20240028637 Report a problem
    5/1/2024Listed for sale$339,000+14.9%$78/sqft
    Source: Realcomp II #20240028637 Report a problem
    10/18/2021Listing removed--
    Source: Realcomp II #2210083175 Report a problem
    10/3/2021Listed for sale$295,000+68.6%$68/sqft
    Source: Realcomp II #2210083175 Report a problem
    7/8/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/14/2021Listed for rent$1,250
    Source: Zillow Rental Manager Report a problem
    2/10/2020Sold$175,000-12.5%$40/sqft
    Source: MiRealSource #31393854 Report a problem
    1/27/2020Pending sale$199,900$46/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
    1/2/2020Listed for sale$199,900$46/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
    11/6/2019Pending sale$199,900$46/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
    10/23/2019Price change$199,900-4.8%$46/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
    9/10/2019Price change$210,000+7.7%$48/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
    4/23/2019Price change$195,000-22%$45/sqft
    Source: Coldwell Banker Haynes Real Estate, Inc. #31365363 Report a problem
    11/14/2018Listed for sale$250,000$57/sqft
    Source: Coldwell Banker Haynes R.E.-Monroe #31365363 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48161

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $294,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $294,400