Pending
503 E 2nd Street, Monroe, MI 48161
$109,900
MLS # 20261053423 (Realcomp)
6 beds2 baths2,063 sqftBuilt 18630.14 acres
1 / 43
Listing Description
Featuring 6 bedrooms and over 2,000 square feet of living space.Step inside to a spacious living room that is open to a large dining room. Additional dining space off the kitchen. The main floor has two bedrooms and a full bathroom. The kitchen offers plenty of space- ready for you to update to your liking.A mud room off the back can be finished for additional office space or just a place to take off your shoes and hang your coat! 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
6-bedroom, 2-bath, 2,063 sq ft home in Monroe in Monroe built in 1863.
Asking $109,900 (about $53/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
Bedrooms6
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
Listed7/12/2026
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
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA 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
What school district is 503 E 2nd Street, Monroe, MI 48161 in?
Per MLS# 20261053423, this property is served by Monroe. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261053423, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. 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# 20261053423, the most recent reported annual property tax for 503 E 2nd Street, Monroe, MI 48161 is $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.
Is 503 E 2nd Street, Monroe, MI 48161 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, 503 E 2nd Street, Monroe, MI 48161 is in flood zone X (minimal risk). 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.
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.
Map
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Monthly payment$713
Principal & interest$713
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
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Municipality
Monroe
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County
Monroe County
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