Sold
261 S Main Street, Romeo, MI 48065
Sold on 01/15/2026 for$321,000
MLS # 20251035468 (Realcomp)
Built 19200.51 acres
1 / 15
Listing Description
Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term rental appeal or potential for an Airbnb. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo’s shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.
Source: SparkMLS
About this home
Located in Romeo Village in Romeo, this property offers 4-bath, with original construction dating to 1920.
Closed at $321,000.
Property tax estimate: $9,106 per year ($759/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.51 acres
Year Built1920
Location
CityRomeo
MunicipalityVillage of Romeo
Zip Code48065
CountyMacomb
School DistrictRomeo Community Schools
Construction & Systems
ConstructionWood Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
Sale & Financing
Listed9/10/2025
Sold Date1/14/2026
Original Price$475,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,106
State Equalized Value$155,900
Taxable Value$155,900
Assessed Value$155,900
Parcel #04-02-136-016
Source: Public Records
Legal Description
ASSESSORS PLAT NO 8 DESC AS THE N 55 FT OF LOT 31
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 Petzold
Wessel Realty
Frequently Asked Questions about 261 S Main Street, Romeo, MI 48065
Which school district serves 261 S Main Street, Romeo, MI 48065?
Per MLS# 20251035468, 261 S Main Street, Romeo, MI 48065 is in the Romeo Community Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Romeo Community Schools directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20251035468, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 261 S Main Street, Romeo, MI 48065?
Per public tax records, annual property taxes for this property are $9,106. 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, 261 S Main 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 261 S Main 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 261 S Main Street, Romeo, MI 48065. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 261 S Main 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$2,238
Principal & interest$2,238
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Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
261 S Main Street, Romeo, MI 48065
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Municipality
Romeo Village
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County
Macomb County
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