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For sale
  • $69,900

    512 W 5th St, Monroe, MI 48161

    2beds
    1,350sqft
    : 
    $504/mo
    Get pre-qualified
    Single Family Residence
    Built in 1873
    4,791 Square Feet Lot
    $127,200 Zestimate®
    $52/sqft
    $-- HOA

    What's special

    INVESTOR SPECIAL | 2-BEDROOM | CASH ONLY Unlock the potential at 512 w 5th, Monroe! This 2-bedroom, 1-bath is located in a desirable neighborhood and offers an incredible opportunity for investors, renovators, flippers, or buyers looking to create a home tailored to their vision. The property is currently in distressed condition and requires work, but the possibilities are great. The home features a open-style layout, two bedrooms, one full bathroom, a huge yard ( Fenced ) + Shed in back. —a major bonus for both homeowners and investors. Whether you’re looking for your next renovation project, an investment property, or a home with the potential to build substantial equity, this property is ready for someone with vision to bring it back to life. With the right updates and improvements. Cash sale only. Property is being sold strictly AS-IS. Buyer to perform their own due diligence and verify all information, measurements, and property conditions. Seller will make no repairs. Bring your vision, and bring your offer—this is an opportunity you don’t want to miss!
    2 days
    232
    27

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Kassab 248-880-9659,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20261072776MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 180
      • Dimensions: 15 X 12
      Bedroom
      • Level: Second
      • Area: 120
      • Dimensions: 10 X 12
      Primary bathroom
      • Level: Entry
      • Area: 40
      • Dimensions: 8 X 5
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Free Standing Gas Range, Free Standing Refrigerator
      Features
      • Has basement: Yes
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,350 sqft
      • Finished area above ground: 1,350

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: GroundLevelwSteps
      • Pool features: None
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 68.85 x 72.65
      Details
      • Parcel number: 58551900457000
      • Special conditions: Agent Owned,Short Sale No

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Michigan Basement
      Condition
      • New construction: No
      • Year built: 1873

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: LAWRENCE
      HOA
      • Has HOA: No
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $52/sqft
      • Tax assessed value: $28,916
      • Annual tax amount: $1,243
      • Date on market: 9/9/2026
      • Cumulative days on market: 2 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        $127,200

        $99,000 - $154,000

        $1,182/mo

        Price history

        DateEventPrice
        9/9/2026Listed for sale$69,900+74.8%$52/sqft
        Source: Realcomp II #20261072776 Report a problem
        11/22/2024Sold$40,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,189 +4.8%$53,700 +3.5%
        2024$1,135 +4.3%$51,900 +7.1%
        2023$1,088 +3.5%$48,480 +14.9%
        2022$1,051 +7.4%$42,210 +9.6%
        2021$979 +291.9%$38,520 +10.3%
        2020$250 -72.3%$34,930 +2.1%
        2019$901 -2%$34,210 +14%
        2018$919 +6.7%$30,020
        2017$862 $30,020 -2.5%
        2016$862 $30,790 +42.3%
        2015$862 +4.2%$21,630
        2014$827 $21,630 -4.2%
        2013-- $22,570 -5%
        2012-- $23,750 -11.5%
        2011-- $26,840 -6.3%
        2010-- $28,630 -27.8%
        2009-- $39,660 -9.1%
        2008-- $43,630 -6.8%
        2007-- $46,810 +5.6%
        2006-- $44,310 +3.3%
        2005-- $42,890 +7.9%
        2003-- $39,760 +3.5%
        2002-- $38,400 +5.9%
        2001-- $36,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.

        Climate risks

        Neighborhood: 48161

        Getting around

        70 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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