Brad Glowe - Arterra Realty Logo
$189,900
 $1,019 est/mo Sourced by Back At You

724 Laplaisance Road,Monroe, MI 48161

Monroe, MI 48161

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Description

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.

Details

MLS #50218201
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1923
Days On Site44
Listing Provided ByColdwell Banker Haynes R.E. in Monroe | Charles Lemerand

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet1,788
Garage2
BasementY
Story(s)2
Units3
Acreage0.22

Interior

Heating Yes / NoYes
HeatingWall Furnace, Forced Air
AppliancesDishwasher, Dryer, Range/Oven, Refrigerator, Washer

Exterior

Foundation DetailsBasement

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo

Other

List AorSoutheastern Border Association of REALTORS

Taxes

Property3281

Area Information

StateMI
CountyMonroe
CityMonroe
Zip Code48161
AreaMonroe (58026)
Listing VS Median (in 48161)
Price:
$189,900
low | high
Med:
$224,900
31.569246972091% of Average
sqft:
1,788
low | high
Med:
980
95.190156599553% of Average
$ / sqft:
$106
low | high
Med:
$229
66.075700422349% of Average
On site:
44
low | high
Med:
248
17.741935483871% of Average
Sourced by Back At You

Market Activity 48161

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Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateMI
CountyMonroe
CityMonroe
Zip Code48161
AreaMonroe (58026)
Listing VS Median (in 48161)
Price:
$189,900
low | high
Med:
$224,900
31.569246972091% of Average
sqft:
1,788
low | high
Med:
980
95.190156599553% of Average
$ / sqft:
$106
low | high
Med:
$229
66.075700422349% of Average
On site:
44
low | high
Med:
248
17.741935483871% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $142K - $237K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
834 Navarre Street Property Photo 1
$239,900
834 Navarre Street
Monroe, MI 48161
Listing Updated: August 26, 2026 at 5:29:37 PM PDT