For sale

$309,000

1724 S Custer Rd, Monroe, MI 48161

10beds

4,370sqft

Est.:

Duplex

Built in 1950

-- sqft lot

$308,300 Zestimate^®

$71/sqft

$-- HOA

What's special

Office space

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. 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!

218 days

476

16

Tour with a local agent

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 & HOA

Community

Features: Sidewalks
Subdivision: WERTENBERGER PLACE - MONROE CITY

Location

Region: Monroe

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $135,790
Annual tax amount: $8,179
Date on market: 5/8/2025
Cumulative days on market: 500 days
Listing agreement: Exclusive Agency
Listing terms: Cash,Contract,Conventional,FHA,FHA 203K,Trade 1031 Exchange

Estimated market value

$308,300

$293,000 - $324,000

$1,439/mo

Price history

Date	Event	Price
10/22/2025	Listed for sale	$309,000$71/sqft
Source: Realcomp II #20250033364 Report a problem
9/24/2025	Pending sale	$309,000$71/sqft
Source: Realcomp II #20250033364 Report a problem
1/15/2025	Price change	$309,000-6.1%$71/sqft
Source: Realcomp II #20240028637 Report a problem
9/30/2024	Price change	$329,000-2.9%$75/sqft
Source: Realcomp II #20240028637 Report a problem
9/20/2024	Listed for sale	$339,000$78/sqft
Source: Realcomp II #20240028637 Report a problem