Description
Turnkey duplex with projected gross rental income of approximately **$23,400 per year ($1,950/month)**. Both units are vacant, giving the new owner the opportunity to immediately place tenants at market rents or owner occupy one unit while generating rental income from the other. **Immediate possession means you can begin generating rental income without waiting for existing leases to expire.** Fresh paint, new carpet, and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant utility responsibilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional storage space.
Details
| MLS # | 50213050 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 85 |
| Listing Provided By | BND Realty | Mitchell Petree |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,630 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.14 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Ceiling Fan(s) |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Appliances | Range/Oven, Refrigerator, Gas Water Heater |
Exterior
| Exterior Features | Balcony |
|---|---|
| Construction Materials | Aluminum Siding |
| Foundation Details | Basement |
| Lot Features | Corner Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Other
| List Aor | Southeastern Border Association of REALTORS |
|---|
Taxes
| Property | 3994 |
|---|
Area Information
| State | MI |
|---|---|
| County | Monroe |
| City | Monroe |
| Zip Code | 48161 |
| Area | Monroe (58026) |
| Community Name | Curtis & Wilson Monroe City |
| Listing VS Median (in Curtis & Wilson Monroe City) | |
Price: $124,900 low | high Med: $167,450 sqft: 1,630 low | high Med: 1,546 $ / sqft: $77 low | high Med: $110 On site: 85 low | high Med: 69.5 | |
Market Activity 48161
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Learn More About This Property
| State | MI |
|---|---|
| County | Monroe |
| City | Monroe |
| Zip Code | 48161 |
| Area | Monroe (58026) |
| Community Name | Curtis & Wilson Monroe City |
| Listing VS Median (in Curtis & Wilson Monroe City) | |
Price: $124,900 low | high Med: $167,450 sqft: 1,630 low | high Med: 1,546 $ / sqft: $77 low | high Med: $110 On site: 85 low | high Med: 69.5 | |
Listing Updated: September 12, 2026 at 8:01:41 AM PDT