Skip main navigation
For sale
    • Price cut: $10K (8/18)
    $139,900

    231 W 7th St, Monroe, MI 48161

    3beds
    1,630sqft
    : 
    $991/mo
    Get pre-qualified
    Multi Family
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $-- HOA

    What's special

    Numerous updatesFresh paintNew carpetSpacious lower unit
    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.
    52 days
    |
    1,084
    |
    81
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Petree 734-735-2378,

    BND Realty 734-755-1970

    Source: MiRealSource,MLS#: 50213050MLS LogoOriginating MLS: Southeastern Border Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Range/Oven, Refrigerator, Gas Water Heater
      Features
      • Basement: Block
      • Has fireplace: No
      Interior area
      • Total structure area: 1,630
      • Total interior livable area: 1,630 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Balcony
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 6098.4 Sq Feet
      • Features: Corner Lot
      Details
      • Parcel number: 552900026001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Basement
      Condition
      • Year built: 1903

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Curtis & Wilson - Monroe City
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $86/sqft
      • Tax assessed value: $128,200
      • Annual tax amount: $3,994
      • Date on market: 6/27/2026
      • Cumulative days on market: 53 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership type: LLC

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,201/mo

        Price history

        DateEventPrice
        8/18/2026Price change$139,900-6.7%$86/sqft
        Source: MiRealSource #50213050 Report a problem
        7/30/2026Price change$149,900-9.1%$92/sqft
        Source: MiRealSource #50213050 Report a problem
        7/21/2026Price change$164,900-2.9%$101/sqft
        Source: MiRealSource #50213050 Report a problem
        7/7/2026Price change$169,900-5.6%$104/sqft
        Source: MiRealSource #50213050 Report a problem
        6/27/2026Listed for sale$179,900+133.6%$110/sqft
        Source: MiRealSource #50213050 Report a problem
        10/16/2020Sold$77,000-9.3%$47/sqft
        Source: MiRealSource #50010971 Report a problem
        10/9/2020Pending sale$84,900$52/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        9/30/2020Price change$84,900-5.6%$52/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        9/8/2020Listed for sale$89,900$55/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        9/2/2020Pending sale$89,900$55/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        8/18/2020Listed for sale$89,900$55/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        7/7/2020Pending sale$89,900$55/sqft
        Source: Hudkins, REALTORS #50010971 Report a problem
        5/11/2020Listed for sale$89,900+66.5%$55/sqft
        Source: Berkshire Hathaway Hudkins Realtors-Monroe #50010971 Report a problem
        10/9/2015Sold$54,000$33/sqft
        Source: MiRealSource #31237247 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,431 +4.9%$64,100 +3.4%
        2024$3,272 +4.5%$62,000 +7%
        2023$3,130 +9.7%$57,950 +14.9%
        2022$2,853 +22.9%$50,420 +9.5%
        2021$2,322 +109.7%$46,030 +10.6%
        2020$1,108 -48.9%$41,600 +2.1%
        2019$2,166 -1.4%$40,730 +11.2%
        2018$2,195 +2%$36,630
        2017$2,153 $36,630 -2.5%
        2016$2,153 $37,580
        2015$2,153 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 48161

        Getting around

        75 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Monroe Public Schools

        Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Monroe Topics

                Search
                Updates
                Favorites
                Plan
                Inbox