Sold
703 W 3rd Street, Monroe, MI 48161
Sold on 09/22/2025 for$155,000
MLS # 20251025040 (Realcomp)
Built 19100.34 acres
1 / 34
Listing Description
Investment Opportunity: Maintained Quadplex in MonroeGreat investment opportunity with this well-maintained quadplex located in the heart of Monroe. Each of the four units features 1 bedroom and 1 bathroom, offering consistent rental potential. The property includes:One shared entrance and two separate private entrances.Spacious yard ideal for tenants.Prime location close to shopping, downtown, and expressways.This property offers the perfect blend of comfort, convenience, and income potential. Showing Instructions:An agent must be present for all showings. 48-hour notice required. BATVAI
Source: SparkMLS
About this home
This 4-bath home built in 1910 sits in Monroe in Monroe.
Closed at $155,000.
Estimated annual property tax: $3,955, or about $330 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,200 Mbps from 10 providers. Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.34 acres
Year Built1910
Location
CityMonroe
MunicipalityMonroe City
Zip Code48161
CountyMonroe
School DistrictMonroe
Construction & Systems
BasementMichigan Basement
HeatingRadiant
WaterPublic
Sale & Financing
Listed8/4/2025
Sold Date9/21/2025
Original Price$185,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,955
Parcel #58551900138000
Source: SparkMLS
Legal Description
BACON AND SWEENEYS PLAT LOTS 5 AND 6
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Dawn Jerore-Zachariah
Irongate Realty Group
Frequently Asked Questions about 703 W 3rd Street, Monroe, MI 48161
What school district is 703 W 3rd Street, Monroe, MI 48161 in?
Per MLS# 20251025040, 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# 20251025040, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251025040, the most recent reported annual property tax for 703 W 3rd Street, Monroe, MI 48161 is $3,955. 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 703 W 3rd Street, Monroe, MI 48161 eligible for USDA financing?
Per USDA Rural Development boundary data, 703 W 3rd Street, Monroe, MI 48161 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 703 W 3rd 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.
Is fiber internet available at 703 W 3rd Street, Monroe, MI 48161?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 703 W 3rd Street, Monroe, MI 48161. The maximum advertised download speed is 1.2 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
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. 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
Mortgage Calculator
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Monthly payment$1,158
Principal & interest$1,158
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
10 providers at this address
XfinityCable
1.2 GbpsSpectrumCable
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsAT&TLicensed Fixed Wireless
25 MbpsAT&TDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
703 W 3rd Street, Monroe, MI 48161
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Municipality
Monroe
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County
Monroe County
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