518 Harrison Street
Monroe, MI 48161
Single Family Residence · MLS # 57050227364 · Listing courtesy of Real Estate One Monroe
About this home
Welcome to 518 Harrison St in the heart of Monroe! This charming and inviting four-bedroom, one-and-a-half-bathroom home offers a wonderful combination of character, comfort, and thoughtful updates throughout. Recent improvements include an updated electrical panel and service meter (2026), new dishwasher (2026), refreshed kitchen with updated cabinetry, countertops and flooring (2024), and improvements to both bathrooms. Additional updates include upstairs windows, new upstairs carpet and bedroom flooring (2024), downstairs vinyl flooring (2026), updated kitchen lighting and faucet, newer water heater (2023), fresh paint, and more! The home also features a paved driveway with ample parking and a detached 1.5-car garage. Conveniently located near downtown Monroe, local shopping, dining, parks, and everyday amenities. With four bedrooms, functional living space, and an impressive list of updates, this home is ready for its next chapter. Don't miss your opportunity to make this one yours!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Monroe
Over the last 90 days, 170 homes sold in Monroe for a median of $225,000, about $149 per square foot, and the typical one went under contract in 10 days. This home is listed at $189,900, or $137 per square foot, 8% below the city median, and has been on the market 2 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Monroe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,339 a year. A buyer who lives here would pay about $4,189 a year once the taxable value resets after the sale, at the 2025 homestead rate of 43.68 mills for Monroe City and Monroe schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Monroe
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