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Off market
Street View
  • $120,700

    1260 E 5th St, Monroe, MI 48161

    4beds
    1,092sqft
    MultiFamily
    Built in 1942
    -- sqft lot
    $120,700 Zestimate®
    $111/sqft
    $1,287 Estimated rent

    Home value

    $120,700

    $107,000 - $135,000

    $1,287/mo

    Zestimate® history
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    Owner options

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    $1,287/mo

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    $1,287/mo

    Rent Zestimate®

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    $619/mo

    Est. payment

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    $619/mo

    Est. payment

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    What's special

    2 side-by-side rental units. Newer water heaters, new furnace. Both units include 2 bedrooms. Recently remodeled with new kitchens, mostly all new floorings, paint. Rental income is deliberately kept low at only $900 per month. Both tenants are very long time occupants, are low-key, respectful of the property, etc. Tenants pay all utilities. Owner only pays taxes and insurance which are a combined total of under approx. $1,400 per year. Great money maker!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Laminate
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,092 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 5,053 sqft
    Details
    • Parcel number: 554900411000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1942

    Community & neighborhood

    Location
    • Region: Monroe

    Price history

    DateEventPrice
    4/1/2022Sold$85,000-5.5%$78/sqft
    Source: MiRealSource #50066497
    4/1/2022Pending sale$89,900$82/sqft
    Source: MiRealSource #50066497
    2/26/2022Listed for sale$89,900$82/sqft
    Source: Realcomp II #2220011399
    2/26/2022Contingent$89,900$82/sqft
    Source: Realcomp II #2220011399
    2/22/2022Listed for sale$89,900+83.5%$82/sqft
    Source: Realcomp II #2220011399

    Public tax history

    YearProperty taxesTax assessment
    2025$1,496 -2.7%$29,400 +13.5%
    2024$1,538 +78.9%$25,910 +12.2%
    2023$860 -21.4%$23,090 +14.5%

    Find assessor info on the county website

    Neighborhood: 48161

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.