1636 Peters Street Monroe, MI $ 116,000
1636 Peters Street
$ 116,000
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1636 Peters Street

Monroe, MI, 48161
$ 116,000
Bedrooms-- Baths2.0 Sq 1,092

Monthly Estimate*

$ 801

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Multi-Family Home for sale in Monroe, MI

for $116,000 with 2 full baths. This 1,092 square foot home was built in 1942 on a lot size of 0.12.

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

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Multi-Family Active

Price

$ 116,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,039

Style

MultiFamily

Lot Size

0.12

Year Built

1942

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

57050223639

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Possession AtClose
Garage Spaces 0.0
Year Built 1942
Levels One
Property Subtype MultiFamily
County Monroe
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CONSOLIDATED LAND CO INC 1
Garage Y/N N
Full Baths 2
Status Active
City MonroeCity_Monroe
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Monroe
Number Of Units Total 2
MLS Area Area06122Monroe
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1039.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description CONSOLIDATED LAND CO INC PLAT NO 1 LOT 156
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Exterior
Water Source Public
Foundation Details CrawlSpace
Spa N
Lot Dimensions 35x150
Lot Size Acres 0.12
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1092.0
Total Bedrooms 2
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Internal Only
Street Number 1 1636
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* Excluded Features
List By
Deborah Lambrix

Listing Agent

Real Estate One Monroe

Broker

(734) 915-6532

Phone

Affordability Calculator

$888
Per Month
90%
10%
0%
Monthly Principal & Interest
$801
Monthly Property Taxes
$87
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$116,000 Listed Price

Map


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1636 Peters Street, Monroe, MI, 48161 is a Multi-Family Home for sale at $116,000 with 1,092 sqft and a lot size of 0.12. 1636 Peters Street has 2.0 baths and was built in 1942. The property's zip code is 48161 which is in Monroe, MI