Sold
118 Michigan Avenue, Monroe, MI 48162
Sold on 04/20/2026 for$185,000
MLS # 20261013379 (Realcomp)
3 beds1 bath1,224 sqftBuilt 19510.11 acres
1 / 27
Listing Description
This Monroe home offers 3 bedrooms and 1 full bathroom with a layout designed for everyday living. The large living room provides a spacious central gathering area with plenty of room for entertaining. The home also features a bonus room, offering additional flexible space that could be used for a home office, hobby room, or storage area. Located within the Monroe community, the property provides convenient access to nearby shopping, dining, parks, and major roadways. Schedule your showing today to explore the space and possibilities this property offers.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,224 sq ft home in Monroe in Monroe built in 1951.
Closed at $185,000 (about $151/sq ft).
Property tax estimate: $2,995 per year ($250/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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,224 sqft
Lot Size0.11 acres
Year Built1951
Stories1
Location
CityMonroe
MunicipalityMonroe City
Zip Code48162
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/3/2026
Sold Date4/19/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,995
Parcel #58555901424000
Source: SparkMLS
Legal Description
ASSESSORS PLAT OF WINKWORTH PLAT LOT 14 AND THAT PART OF A VACATED ALLEY BEING 40 FT N & S AND 10 FT E & W
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Thomas A Harding II
Prime + Property
Frequently Asked Questions about 118 Michigan Avenue, Monroe, MI 48162
What school district is 118 Michigan Avenue, Monroe, MI 48162 in?
Per MLS# 20261013379, this property is served by Monroe. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261013379, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261013379, the most recent reported annual property tax for 118 Michigan Avenue, Monroe, MI 48162 is $2,995. 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 118 Michigan Avenue, Monroe, MI 48162 eligible for USDA financing?
Per USDA Rural Development boundary data, 118 Michigan Avenue, Monroe, MI 48162 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 118 Michigan Avenue, Monroe, MI 48162 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. Sewer: Public. 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$1,134
Principal & interest$1,134
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
118 Michigan Avenue, Monroe, MI 48162
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Municipality
Monroe
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County
Monroe County
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