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Pending
  • $309,000

    1724 S Custer Rd, Monroe, MI 48161

    10beds
    4,370sqft
    : 
    Duplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $71/sqft
    $-- HOA

    What's special

    Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.
    280 days
    |
    751
    |
    27
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 06, 2026 at 09:12pm

    Listed by:

    Jeffrey A Menzer 734-925-3444,

    RE/MAX Moves 734-785-8549

    Source: Realcomp II,MLS#: 20250033364MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Basement: Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,370 sqft
      • Finished area above ground: 4,370

      Property

      Parking
      • Total spaces: 12
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed, Porch
      • Exterior features: Balcony
      • Pool features: None
      • Fencing: Fenced
      Lot
      • Size: 0.33 Acres
      • Dimensions: 120.00 x 120.00
      Details
      • Parcel number: 58551900980000
      • Zoning description: Commercial
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex,Upper Lower Apartment
      • Property subtype: Duplex
      Materials
      • Asphalt, Brick
      • Foundation: Basement, Block, Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1950
      • Major remodel year: 2021

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Separate Meters
      • Utilities for property: Above Ground Utilities

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: WERTENBERGER PLACE - MONROE CITY
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $71/sqft
      • Tax assessed value: $135,790
      • Annual tax amount: $8,179
      • Date on market: 5/8/2025
      • Cumulative days on market: 561 days
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Contract,Conventional,FHA,FHA 203K,Trade 1031 Exchange
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,321/mo

        Price history

        Price history
        DateEventPrice
        4/7/2026Pending sale$309,000$71/sqft
        Source: Realcomp II #20250033364 Report a problem
        3/16/2026Listed for sale$309,000$71/sqft
        Source: Realcomp II #20250033364 Report a problem
        2/15/2026Pending sale$309,000$71/sqft
        Source: Realcomp II #20250033364 Report a problem
        10/22/2025Listed for sale$309,000$71/sqft
        Source: Realcomp II #20250033364 Report a problem
        9/24/2025Pending sale$309,000$71/sqft
        Source: Realcomp II #20250033364 Report a problem
        1/15/2025Price change$309,000-6.1%$71/sqft
        Source: Realcomp II #20240028637 Report a problem
        9/30/2024Price change$329,000-2.9%$75/sqft
        Source: Realcomp II #20240028637 Report a problem
        9/20/2024Listed for sale$339,000$78/sqft
        Source: Realcomp II #20240028637 Report a problem
        6/10/2024Listing removed--
        Source: Realcomp II #20240028637 Report a problem
        5/1/2024Listed for sale$339,000+14.9%$78/sqft
        Source: Realcomp II #20240028637 Report a problem
        10/18/2021Listing removed--
        Source: Realcomp II #2210083175 Report a problem
        10/3/2021Listed for sale$295,000+68.6%$68/sqft
        Source: Realcomp II #2210083175 Report a problem
        7/8/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/14/2021Listed for rent$1,250
        Source: Zillow Rental Manager Report a problem
        2/10/2020Sold$175,000-12.5%$40/sqft
        Source: MiRealSource #31393854 Report a problem
        1/27/2020Pending sale$199,900$46/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
        1/2/2020Listed for sale$199,900$46/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
        11/6/2019Pending sale$199,900$46/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
        10/23/2019Price change$199,900-4.8%$46/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
        9/10/2019Price change$210,000+7.7%$48/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31393854 Report a problem
        4/23/2019Price change$195,000-22%$45/sqft
        Source: Coldwell Banker Haynes Real Estate, Inc. #31365363 Report a problem
        11/14/2018Listed for sale$250,000$57/sqft
        Source: Coldwell Banker Haynes R.E.-Monroe #31365363 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $1,833/mo
        Principal & interest
        $1524
        Property taxes
        $309
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          Climate risks

          Neighborhood: 48161

          Getting around

          67 / 100
          Somewhat Walkable
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 48161