For Sale
503 E 2nd Street, Monroe, MI 48161
$149,900
MLS # 20261039725 (Realcomp)
5 beds2 baths2,063 sqftBuilt 18630.14 acres
1 / 43
Listing Description
Featuring 5 bedrooms and over 2,000 square feet of living space.Step inside to a spacious living room filled with natural light from the large windows. The kitchen offers plenty of space and functionality, ready for you to update to your liking.Outside, enjoy the convenience of a detached garage with alley access. The home also includes a Michigan basement, providing additional storage space and flexibility. Located just minutes from downtown Monroe, local parks, schools, and shopping, this property offers the perfect blend of quiet neighborhood living with easy access to everyday amenities. With solid space, character, and endless possibilities, this home is full of potential for the right buyer.
Source: SparkMLS
About this home
This 5-bedroom, 2-bath, 2,063 sq ft home built in 1863 sits in Monroe in Monroe.
Asking $149,900 (about $73/sq ft).
Estimated annual property tax: $3,127, or about $261 monthly. 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
Bedrooms5
Bathrooms2
Living Area2,063 sqft
Lot Size0.14 acres
Year Built1863
Stories2
Location
CityMonroe
MunicipalityMonroe City
Zip Code48161
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionVinyl Siding
BasementMichigan Basement
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/30/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$3,127
Parcel #58553900384000
Source: SparkMLS
Legal Description
STUDDIFORD PLAT EAST 43 FT OF LOT 18
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jessica Millerwise
MGR Real Estate
Frequently Asked Questions about 503 E 2nd Street, Monroe, MI 48161
Which school district serves 503 E 2nd Street, Monroe, MI 48161?
Per MLS# 20261039725, 503 E 2nd Street, Monroe, MI 48161 is in the Monroe boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Monroe directly to confirm enrollment eligibility.
What financing options are available for 503 E 2nd Street, Monroe, MI 48161?
Per MLS# 20261039725, this listing accepts Cash, Conventional, FHA 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 503 E 2nd Street, Monroe, MI 48161?
Per public tax records, annual property taxes for this property are $3,127. 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, 503 E 2nd Street, Monroe, MI 48161 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.
What utilities serve 503 E 2nd Street, Monroe, MI 48161?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Monroe County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$972
Principal & interest$972
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
503 E 2nd Street, Monroe, MI 48161
View full property history →
Municipality
Monroe
View all listings →
County
Monroe County
View county overview →
Get email alerts for new listings near 503 E 2nd Street
We'll notify you when something hits the market in Monroe or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.