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Sold for $165,000
    • $165,000

    881 Monroe St, Ypsilanti, MI 48197

    2beds
    1,040sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $165,400 Zestimate®
    $159/sqft
    $1,284 Estimated rent

    Home value

    $165,400

    $151,000 - $182,000

    $1,284/mo

    Zestimate® history
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    What's special

    Brick Multifamily Investment Property - 881-883 Monroe - Close to Eastern Michigan University, Depot Town and the I-94 Freeway. Separate electric, separate gas. Updates include: Vinyl windows, dimensional shingles, steet exterior doors. Very Long term tenants on month to month. Do not disturb tenants. Subject to tenant's rights.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Shannon 313-277-6453,

    Metropolitan Real Estate

    Bought with:

    Unidentified Agent

    Unidentified Office

    Source: Realcomp II,MLS#: 20261023890MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,040 sqft
    • Finished area above ground: 1,040

    Property

    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 130
    Details
    • Parcel number: 111137131011
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: PARK RIDGE
    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $32,721
    • Annual tax amount: $2,664
    • Date on market: 4/10/2026
    • Cumulative days on market: 21 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/22/2026Pending sale$171,000+3.6%$164/sqft
    Source: Realcomp II #20261023890 Report a problem
    5/21/2026Sold$165,000-3.5%$159/sqft
    Source: Realcomp II #20261023890 Report a problem
    4/10/2026Listed for sale$171,000+71%$164/sqft
    Source: Realcomp II #20261023890 Report a problem
    4/20/2007Sold$100,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,641 $62,500 +6.1%
    2024-- $58,900 +21.2%
    2023-- $48,600 +12%
    2022-- $43,400 +14.5%
    2021-- $37,900 +20.7%
    2020$2,462 $31,400 +12.1%
    2019-- $28,000 +3.3%
    2018-- $27,100 +5%
    2017$2,221 $25,800 +0.5%
    2016$2,221 $25,676 +0.3%
    2015-- $25,600 -12.6%
    2014-- $29,300
    2013-- $29,300 -7.4%
    2012-- $31,647 +2.7%
    2011-- $30,815 +1.7%
    2010-- $30,300 -9.8%
    2009-- $33,600 -17.6%
    2008-- $40,800 -3.5%
    2007-- $42,300 +0.7%
    2005-- $42,000 +12.9%
    2004-- $37,200 +8.1%
    2003-- $34,400 +12.8%
    2002$1,716 +18.4%$30,500 +8.5%
    2001$1,450 +32.1%$28,100 +0.4%
    2000$1,097 +138.4%$28,000 +4.5%
    1999$460 $26,800
    Find assessor info on the county website

    Neighborhood: Heritage Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $165,400
    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
    $165,400

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