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.
Pending
$309,000
1724 S Custer Rd, Monroe, MI 48161
10beds
4,370sqft
Est.:
Duplex
Built in 1950
-- sqft lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
- 296 days |
- 259 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Jeffrey A Menzer 734-925-3444,
RE/MAX Moves 734-785-8549
Source: Realcomp II,MLS#: 20250033364
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: 577 days
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Contract,Conventional,FHA,FHA 203K,Trade 1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$1,214/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Pending sale | $309,000$71/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $309,000$71/sqft |
Source: | ||
| 2/15/2026 | Pending sale | $309,000$71/sqft |
Source: | ||
| 10/22/2025 | Listed for sale | $309,000$71/sqft |
Source: | ||
| 9/24/2025 | Pending sale | $309,000$71/sqft |
Source: | ||
| 1/15/2025 | Price change | $309,000-6.1%$71/sqft |
Source: | ||
| 9/30/2024 | Price change | $329,000-2.9%$75/sqft |
Source: | ||
| 9/20/2024 | Listed for sale | $339,000$78/sqft |
Source: | ||
| 6/10/2024 | Listing removed | -- |
Source: | ||
| 5/1/2024 | Listed for sale | $339,000+14.9%$78/sqft |
Source: | ||
| 10/18/2021 | Listing removed | -- |
Source: | ||
| 10/3/2021 | Listed for sale | $295,000+68.6%$68/sqft |
Source: | ||
| 7/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/14/2021 | Listed for rent | $1,250 |
Source: Zillow Rental Manager Report a problem | ||
| 2/10/2020 | Sold | $175,000-12.5%$40/sqft |
Source: | ||
| 1/27/2020 | Pending sale | $199,900$46/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem | ||
| 1/2/2020 | Listed for sale | $199,900$46/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem | ||
| 11/6/2019 | Pending sale | $199,900$46/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem | ||
| 10/23/2019 | Price change | $199,900-4.8%$46/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem | ||
| 9/10/2019 | Price change | $210,000+7.7%$48/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem | ||
| 4/23/2019 | Price change | $195,000-22%$45/sqft |
Source: Coldwell Banker Haynes Real Estate, Inc. #31365363 Report a problem | ||
| 11/14/2018 | Listed for sale | $250,000$57/sqft |
Source: Coldwell Banker Haynes R.E.-Monroe #31365363 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$1,819/mo
Principal & interest
$1510
Property taxes
$309
More affordability tools
Climate risks
Neighborhood: 48161
Nearby schools
GreatSchools rating
- NAWaterloo SchoolGrades: PK-6Distance: 0.3 mi
- NAMonroe High SchoolGrades: 8-12Distance: 0.9 mi
- 6/10Monroe Middle SchoolGrades: 6-8Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Monroe County
- Monroe
- 48161
- 1724 S Custer Rd



