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Listed price in listed location currency (USD).
$293,000
$309,000

0412

MLS® 20250033364

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4370 sqft
Garage 
Taxes $8,179
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $70
MLS® Number 20250033364

Property Address: 1724 Custer Rd, Monroe, MI, 48161-3501

Average square foot calculated using Size range provided by listing agent.

Description

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. 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! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.
MLS® Number20250033364
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementPartial, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 6, 2026End Date
$293,000Sold Price

Sold

May 8, 2025List Date
$309,000List Price
  • Commute

Commute

Starting Address
Destination Address
1724 Custer Rd, Monroe, MI

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