231 W 7th Street
Monroe, MI 48161
Multi Family · MLS # 57050213050 · Listing courtesy of BND Realty
About this home
BRAND NEW ROOF COMING SOON! New roof to be installed by an Owens Corning Preferred Contractor featuring Black Sable designer shingles, with completion projected by October 15th. 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 flexibility to place tenants at market rents or owner-occupy one unit while generating rental income from the other. Fresh interior paint, new carpet, new front doors and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant-paid utilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional additional storage. Immediate possession available. A great opportunity for an investor or owner-occupant looking for a move-in-ready duplex with a brand-new roof and strong income potential.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.
Location
Similar homes in Monroe
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 Sep 30, 2026, 7:50 PM.