Great 3 unit income property with units 2 and 3 vacant. Great location close to downtown Monroe. Live in a vacant unit and rent the other 2. Some fresh paint and flooring in some of the units and rooms. Some other items being improved and/or repaired.
For sale
Price cut: $10K (1/31)
$240,000
1985 S Custer Rd, Monroe, MI 48161
4beds
1,716sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$240,200 Zestimate®
$140/sqft
$-- HOA
What's special
Fresh paint
- 167 days |
- 470 |
- 11 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 30, 2026 at 05:30pm
Listed by:
Jeffery Tooley 734-790-8582,
Howard Hanna - Monroe 734-243-5000
Source: MiRealSource,MLS#: 50187772
Originating MLS: Southeastern Border Association of REALTORS
Originating MLS: Southeastern Border Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,147.6 Square Feet
- Dimensions: 155 x 60
Details
- Parcel number: 1218000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Mulhollen Place
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $164,500
- Annual tax amount: $3,673
- Date on market: 9/9/2025
- Cumulative days on market: 168 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: LLC
- Total actual rent: 2370
Estimated market value
$240,200
$228,000 - $252,000
$1,175/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2026 | Price change | $240,000-4%$140/sqft |
Source:  MiRealSource #50187772 Report a problem | ||
| 9/9/2025 | Listed for sale | $250,000+31.6%$146/sqft |
Source: MiRealSource #50187772 Report a problem | ||
| 3/7/2022 | Sold | $190,000$111/sqft |
Source: Public Record Report a problem | ||
| 1/10/2022 | Pending sale | $190,000$111/sqft |
Source:  Realcomp II #2210022255 Report a problem | ||
| 6/2/2021 | Price change | $190,000-4.5%$111/sqft |
Source: Realcomp II #2210022255 Report a problem | ||
| 5/28/2021 | Price change | $199,000-9.1%$116/sqft |
Source: Realcomp II #2210022255 Report a problem | ||
| 4/2/2021 | Listed for sale | $219,000$128/sqft |
Source: Realcomp II #2210022255 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,648 +5.2% | $82,250 +0.7% |
| 2024 | $3,469 +95% | $81,700 +13% |
| 2023 | $1,779 +2.9% | $72,300 +14.3% |
| 2022 | $1,728 +1.9% | $63,250 +1% |
| 2021 | $1,695 +45% | $62,600 +0.5% |
| 2020 | $1,169 -22.4% | $62,300 +9.9% |
| 2019 | $1,506 +1.9% | $56,700 +15.1% |
| 2018 | $1,478 +1.1% | $49,250 +10.1% |
| 2017 | $1,462 +1.9% | $44,750 |
| 2016 | $1,435 +1.8% | $44,750 +12.4% |
| 2015 | $1,410 | $39,800 |
| 2014 | $1,410 | $39,800 -2.6% |
| 2013 | -- | $40,850 +0.5% |
| 2012 | -- | $40,650 -9.1% |
| 2011 | -- | $44,700 +7.3% |
| 2010 | -- | $41,650 -34.8% |
| 2009 | -- | $63,900 +3.1% |
| 2008 | -- | $61,950 -16% |
| 2007 | -- | $73,750 -1.3% |
| 2006 | -- | $74,700 +4.2% |
| 2005 | -- | $71,700 +94.8% |
| 2003 | -- | $36,800 +1.9% |
| 2002 | -- | $36,100 +3.1% |
| 2001 | -- | $35,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,478/mo
Principal & interest
$1238
Property taxes
$240
Climate risks
Neighborhood: West Monroe
Nearby schools
GreatSchools rating
- 4/10Waterloo SchoolGrades: PK-6Distance: 0.1 mi
- 5/10Monroe High SchoolGrades: 8-12Distance: 0.5 mi
- 3/10Monroe Middle SchoolGrades: 6-8Distance: 1.6 mi
Schools provided by the listing agent
- District: Monroe Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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