Prime investment opportunity! TWINPLEX... Live in one unit and rent the other or rent them both! This multifamily property (easily opened back to a single family home) offers excellent income potential in a desirable, centrally located neighborhood. Each unit, (north side unit is 3 bedroom 1 1/2 baths south side unit 4 bedroom 1 1/2 baths) provides spacious layouts with appealing features, ideal for attracting long-term tenants. Just minutes from Monroe's downtown area, residents will enjoy easy access to shops, dining, schools, and parks. With strong rental demand in the area proximity to major highways for commuters, this property is a great addition to any portfolio. Don't miss out on this solid, income-generating asset in a thriving community!
Sold for $310,000
$310,000
314 Washington St, Monroe, MI 48161
7beds
3,788sqft
Single Family Residence
Built in 1883
0.34 Acres Lot
$325,500 Zestimate®
$82/sqft
$2,547 Estimated rent
Home value
$325,500
$270,000 - $391,000
$2,547/mo
Zestimate® history
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$2,547/mo
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$1,968/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 07:09am
Listed by:
Shelly Conner 734-915-1492,
Century 21 Allstar Real Estate Team, Inc
Bought with:
Michael P Anderson, 6501448415
MBA Realty
Source: MiRealSource,MLS#: 50160587
Originating MLS: Southeastern Border Association of REALTORS
Originating MLS: Southeastern Border Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Bedroom
- Features: Wood
- Level: Second
- Area: 180
- Dimensions: 15 x 12
Bedroom 1
- Features: Wood
- Level: Second
- Area: 208
- Dimensions: 16 x 13
Bedroom 2
- Features: Wood
- Level: Second
- Area: 182
- Dimensions: 13 x 14
Bedroom 3
- Features: Wood
- Level: Second
- Area: 150
- Dimensions: 15 x 10
Bedroom 4
- Features: Wood
- Level: Second
- Area: 135
- Dimensions: 15 x 9
Bedroom 5
- Features: Wood
- Level: Second
- Area: 162
- Dimensions: 18 x 9
Bathroom 1
- Features: Wood
- Level: Second
- Area: 77
- Dimensions: 11 x 7
Bathroom 2
- Features: Wood
- Level: Second
- Area: 50
- Dimensions: 10 x 5
Dining room
- Features: Wood
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Family room
- Features: Wood
- Level: Main
- Area: 204
- Dimensions: 12 x 17
Great room
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Kitchen
- Features: Wood
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Living room
- Features: Wood
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Boiler, Natural Gas
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Features
- Flooring: Wood, Other
- Basement: Block,Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 5,288
- Total interior livable area: 3,788 sqft
- Finished area above ground: 3,788
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony, Sidewalks, Street Lights
- Fencing: Fenced
- Frontage type: Road
- Frontage length: 100
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 150 x 100 x 150
- Features: Subdivision, Walk to School, Sidewalks
Details
- Additional structures: Shed(s)
- Parcel number: 552900136000
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Basement
Condition
- New construction: No
- Year built: 1883
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Monroe
- Subdivision: Old Village East Of Monroe St
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Conventional Blend,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $310,000+3.7%$82/sqft |
Source:  MiRealSource #50160587 Report a problem | ||
| 3/18/2025 | Pending sale | $299,000$79/sqft |
Source: MiRealSource #50160587 Report a problem | ||
| 2/21/2025 | Price change | $299,000-0.3%$79/sqft |
Source:  Realcomp II #57050160587 Report a problem | ||
| 2/21/2025 | Price change | $299,900+0.3%$79/sqft |
Source: MiRealSource #50160441 Report a problem | ||
| 2/21/2025 | Listed for sale | $299,000$79/sqft |
Source: MiRealSource #50160587 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,513 +4.9% | $142,700 +8.7% |
| 2024 | $5,257 +4.5% | $131,300 +19.5% |
| 2023 | $5,029 +3.5% | $109,860 +14.1% |
Find assessor info on the county website
Neighborhood: 48161
Nearby schools
GreatSchools rating
- 3/10Arborwood Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 3/10Monroe Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Monroe High SchoolGrades: 8-12Distance: 2 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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Estimated market value
$325,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$325,500
- Michigan
- Monroe County
- Monroe
- 48161
- 314 Washington St