Under Contract
404 E Elm Avenue, Monroe, MI 48162
$555,000
MLS # 50207892 (MiRealSource)
4 beds2 bathsBuilt 19030.45 acres
1 / 97
Listing Description
WOW - Rare riverfront Colonial on the Raisin River in the heart of Monroe! This extraordinary 1903 home has been loved & meticulously updated by the same family for 20+ years - and it shows in every detail. 3,700+ sq ft, 4 bed, 2.5 bath with stunning flow & one-of-a-kind finishes: gorgeous hardwood & bamboo floors, doors repurposed from an 1800s Monroe bank in the owner's suite, custom-milled Toledo baseboards & radiant heat in the original section. The kitchen is a showstopper - granite counters, copper sink, Schuler Kraftmaid cabinetry in walnut glazed ebony, custom mission-studio pendant lighting & large island perfect for entertaining. Family room opens via 9-ft 3-panel slider to the backyard. Heat-N-Glo fireplace w/ fan kit for cozy Michigan evenings. Owner's suite is spa-level luxury: 73" copper double-slipper soaking tub, Strato tile shower, dual Kraftmaid vanities, oil-rubbed bronze Signature Hardware fixtures & large walk-in closets. The backyard is a private riverfront oasis: 70-ft saltwater pool w/ automatic cover & rebuilt heater, hot tub, fire pit & a charming riverfront cottage w/ brick fireplace completely redone in 2012. Seawall maintained 15+ yrs. Gardens burst with Amsterdam Lillies & 60+ bird species incl. eagles, orioles & ospreys. New sewer 2012, 2 on-demand water heaters w/ boiler, HVAC serviced yearly, rebuilt chimney top. Furniture on elevated decks conveys. Large sheds remain. Downtown Monroe steps away - this is a lifestyle that took 20 years to build!
Source: SparkMLS
About this home
Located in Monroe in Monroe, this property offers 4-bedroom, 2-bath, with original construction dating to 1903.
Asking $555,000.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Lot Size0.45 acres
Year Built1903
Location
CityMonroe
MunicipalityMonroe City
Zip Code48162
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionVinyl Siding
Garage2 spaces
HeatingForced Air
SewerPublic
InteriorCeiling Fan(s)
Sale & Financing
Listed5/15/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
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 Danielle Koth
Berkshire Hathaway Home Service Kee Realty
Frequently Asked Questions about 404 E Elm Avenue, Monroe, MI 48162
What school district is 404 E Elm Avenue, Monroe, MI 48162 in?
Per MLS# 50207892, 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# 50207892, 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.
Is 404 E Elm Avenue, Monroe, MI 48162 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, 404 E Elm 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. 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$3,600
Principal & interest$3,600
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
404 E Elm Avenue, Monroe, MI 48162
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Municipality
Monroe
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County
Monroe County
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