For sale

$189,900

724 Laplaisance Rd, Monroe, MI 48161

5beds

1,788sqft

$1,294/mo

Get pre-qualified

Multi Family

Built in 1923

-- sqft lot

$186,200 Zestimate^®

$106/sqft

$-- HOA

What's special

Separate one-bedroom homeDetached two-car garageReplacement windows and doorsNewer garage door

Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.

1 day

213

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Wall Furnace, Forced Air

Appliances

Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Features

Basement: Stone
Has fireplace: No

Interior area

Total structure area: 1,788
Total interior livable area: 1,788 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Frontage length: 171

Lot

Size: 9,583 Square Feet
Dimensions: 171 x 110 x 171

Details

Parcel number: 55 39 00595 000
Special conditions: Private

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Basement, Stone

Condition

Year built: 1923

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sanitary
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Monroe

Financial & listing details

Price per square foot: $106/sqft
Tax assessed value: $216,400
Annual tax amount: $3,281
Date on market: 8/12/2026
Cumulative days on market: 2 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$186,200

$149,000 - $222,000

$1,037/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$189,900+1165.9%$106/sqft
Source: MiRealSource #50218201 Report a problem
9/25/2012	Sold	$15,001-84.8%$8/sqft
Source: Public Record Report a problem
2/6/2011	Listed for sale	$99,000-17.4%$55/sqft
Source: Prudential Real Estate #3431913 Report a problem
3/1/2010	Listing removed	$119,900$67/sqft
Source: Coldwell Banker Haynes Real Estate, Inc. #3425250 Report a problem
9/26/2009	Price change	$119,900-7.7%$67/sqft
Source: Coldwell Banker Haynes Real Estate, Inc. #3425250 Report a problem
8/16/2009	Price change	$129,900-3.7%$73/sqft
Source: Coldwell Banker Haynes Real Estate, Inc. #3425250 Report a problem
5/2/2009	Price change	$134,900-3.6%$75/sqft
Source: Coldwell Banker Haynes Real Estate, Inc. #3425250 Report a problem
1/31/2009	Price change	$139,900-6.7%$78/sqft
Source: Listhub #3423611 Report a problem
12/24/2008	Price change	$149,900-6.3%$84/sqft
Source: Listhub #3423611 Report a problem
8/26/2008	Listed for sale	$159,900+33.3%$89/sqft
Source: Listhub #3423611 Report a problem
8/9/1999	Sold	$120,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,154 +4.9%	$108,200 +2.4%
2024	$3,007 +4.5%	$105,640 +10%
2023	$2,878 +3.1%	$96,070 +15.3%
2022	$2,792 +5.9%	$83,310 +3.9%
2021	$2,636 +109.7%	$80,150 +8.2%
2020	$1,257 -48.9%	$74,070 +6.7%
2019	$2,458 -1.4%	$69,400 +18.8%
2018	$2,491 +5.6%	$58,440
2017	$2,360	$58,440 +9.4%
2016	$2,360	$53,420 +38.8%
2015	$2,360 +8.7%	$38,480
2014	$2,171	$38,480 +1.3%
2013	--	$37,980 -11.6%
2012	--	$42,940 -10.3%
2011	--	$47,890 -5.4%
2010	--	$50,630 -27.4%
2009	--	$69,700 -19.1%
2008	--	$86,110 -0.4%
2007	--	$86,450 +8.3%
2006	--	$79,840 +1.2%
2005	--	$78,920 +7.5%
2003	--	$73,400 +6%
2002	--	$69,260 +6.8%
2001	--	$64,820