The MJA CompanyNational Realty Centers (248) 780-8944
1636 Peters Street, Monroe, MI 481611636 Peters Street, Monroe, MI 48161 photo 21636 Peters Street, Monroe, MI 48161 photo 31636 Peters Street, Monroe, MI 48161 photo 41636 Peters Street, Monroe, MI 48161 photo 5
$116,000 Pending

1636 Peters Street

Monroe, MI 48161

2beds
2baths
1,092sqft
0.12acres
1942built
$106per sqft
3days listed

Multi Family · MLS # 57050223639 · Listing courtesy of Real Estate One Monroe

About this home

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

Interior

Bedrooms2
Full baths2
Living area1,092 sqft
LevelsOne

Systems and utilities

HeatingForced Air, Natural Gas, Separate Meters
WaterPublic
SewerPublic Sewer

Exterior and lot

Year built1942
FoundationCrawl Space
Garage spaces0
Lot size0.12 acres
Lot dimensions35x150

Taxes, HOA and more

Annual taxes$1,039
Summer taxes$530
Winter taxes$509
SubdivisionCONSOLIDATED LAND CO INC 1
MunicipalityMonroe
CountyMonroe
PossessionAt Close
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtMonroe

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Oct 25, 2026, 3:06 PM.

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