Under Contract
155 Dickenson Street, Romeo, MI 48065
$300,000
MLS # 20261047529 (Realcomp)
Built 18700.31 acres
1 / 26
Listing Description
Exceptional investment opportunity in the heart of Romeo! This well-maintained duplex offers two spacious 2-bedroom units, each featuring private laundry and separate utilities, making management simple and appealing to both owners and tenants. One unit is currently leased at $1,400 per month through February 2027, providing immediate and stable rental income, while the vacant unit offers flexibility for an owner-occupant or the opportunity to secure additional market-rate rent. Each unit also includes access to a large private storage space on the property, creating potential for additional income. Located just a short walk from downtown Romeo, tenants can enjoy convenient access to the area's popular shops, restaurants, parks, and community events. Opportunities like this are hard to find in such a highly desirable market, offering strong value at this price point with both current cash flow and future upside potential. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the other, this property is a must-see.
Source: SparkMLS
About this home
Located in Bruce Township in Romeo, this property offers 2-bath, with original construction dating to 1870.
Listed at $300,000.
Property tax estimate: $7,165 per year ($597/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 SEMCO Energy Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.31 acres
Year Built1870
Location
CityRomeo
MunicipalityVillage of Romeo
Zip Code48065
CountyMacomb
School DistrictRomeo
Construction & Systems
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/24/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$7,165
State Equalized Value$161,500
Taxable Value$122,078
Parcel #01-35-377-008
Source: Public Records
Legal Description
T5N R12E SEC 35 MUSSEYS ADDITION LOT 13 VILLAGE OF ROMEO MANATRON #: 043-640-013-00
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
Frequently Asked Questions about 155 Dickenson Street, Romeo, MI 48065
Which school district serves 155 Dickenson Street, Romeo, MI 48065?
Per MLS# 20261047529, 155 Dickenson Street, Romeo, MI 48065 is in the Romeo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Romeo directly to confirm enrollment eligibility.
What financing options are available for 155 Dickenson Street, Romeo, MI 48065?
Per MLS# 20261047529, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 155 Dickenson Street, Romeo, MI 48065?
Per public tax records, annual property taxes for this property are $7,165. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 155 Dickenson Street, Romeo, MI 48065 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 155 Dickenson Street, Romeo, MI 48065 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 155 Dickenson Street, Romeo, MI 48065?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: SEMCO Energy Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Macomb County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,946
Principal & interest$1,946
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
155 Dickenson Street, Romeo, MI 48065
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Municipality
Bruce Township
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County
Macomb County
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