Sold for $321,000
$321,000
261 S Main St, Romeo, MI 48065
4beds
2,078sqft
Multi Family
Built in 1920
-- sqft lot
$328,300 Zestimate®
$154/sqft
$1,511 Estimated rent
Home value
$328,300
$312,000 - $345,000
$1,511/mo
Zestimate® history
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What's special
Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term rental appeal or potential for an Airbnb. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo’s shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.
Zillow last checked: 8 hours ago
Listing updated: January 19, 2026 at 01:44am
Listed by:
Joseph Petzold 586-212-1634,
Wessel Realty
Bought with:
Peter Gjonaj, 6506046302
Century 21 Professionals
Source: Realcomp II,MLS#: 20251035468
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,078 sqft
- Finished area above ground: 2,078
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Pool features: None
Lot
- Size: 0.51 Acres
- Dimensions: 55 x 404
Details
- Parcel number: 0402136016
- Zoning description: Office, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Quadruplex
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Michigan Basement
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Romeo
- Subdivision: A/P # 08 ROMEO/WASH
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $321,000-7%$154/sqft |
Source: | ||
| 1/3/2026 | Pending sale | $345,000$166/sqft |
Source: | ||
| 1/3/2026 | Listed for sale | $345,000$166/sqft |
Source: | ||
| 1/2/2026 | Pending sale | $345,000$166/sqft |
Source: | ||
| 12/22/2025 | Price change | $345,000-13.8%$166/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,336 +19.4% | $155,900 -1.9% |
| 2024 | $7,817 +45% | $158,900 +11.1% |
| 2023 | $5,390 +20% | $143,000 +15.6% |
Find assessor info on the county website
Neighborhood: 48065
Nearby schools
GreatSchools rating
- 5/10Amanda Moore Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Romeo Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Romeo High SchoolGrades: 9-12Distance: 3 mi
Get a cash offer in 3 minutes
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Estimated market value$328,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$328,300
