For Sale
1137 E 8th Street, Monroe, MI 48161
$164,900
MLS # 20261036939 (Realcomp)
Built 19220.46 acres
1 / 14
Listing Description
This is the deal of the century in an investment opportunity. 2 houses on same parcel! Each house is a 2BR/1Bath and is currently rented. The front home is $1000/month and the back home is $900/month. All utilities are separate. Spacious city lot on dead end portion of E 8th Street in a very quiet neighborhood. House on the front of the property has a full basement while the house on the back portion is on a crawl. Front home is in the process of being completely painted and updated. This is an opportunity for instant income. BATVAI
Source: SparkMLS
About this home
This 2-bath home built in 1922 sits in Monroe in Monroe.
Listed at $164,900.
Property tax estimate: $2,285 per year ($190/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.46 acres
Year Built1922
Location
CityMonroe
MunicipalityMonroe City
Zip Code48161
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/19/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,285
Parcel #58554901386000
Source: SparkMLS
Legal Description
COMM ON N LI E EIGHTH ST 264 FT S 55D 13M E FR E LI WINCHESTER ST; TH S 55D 13M E 100 FT; TH N 34D 47M E 200 FT; TH N 55D 13M W 100 FT; TH S 34D 47M W 200 FT TO POB IN PC 160 & 456
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jeffrey A Menzer
RE/MAX Moves
Frequently Asked Questions about 1137 E 8th Street, Monroe, MI 48161
What school district is 1137 E 8th Street, Monroe, MI 48161 in?
Per MLS# 20261036939, this property is served by Monroe. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 1137 E 8th Street, Monroe, MI 48161?
Per MLS# 20261036939, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261036939, the most recent reported annual property tax for 1137 E 8th Street, Monroe, MI 48161 is $2,285. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1137 E 8th Street, Monroe, MI 48161 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1137 E 8th Street, Monroe, MI 48161 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Michigan Gas Utilities Corporation. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Monroe County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$1,070
Principal & interest$1,070
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Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1137 E 8th Street, Monroe, MI 48161
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Municipality
Monroe
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County
Monroe County
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