Expired
E E Lorain Street, Monroe, MI 48162
$180,000
MLS # 25055476 (Michigan Regional Information Center (MichRIC))
1.89 acres
1 / 18
Listing Description
Prime Development Opportunity in Mason Run Don't miss this rare chance to own nearly 2 acres of buildable land in the desirable Mason Run subdivision, one of Monroe's fastest-growing communities. These two adjoining lots are being offered together for one price, providing incredible potential for future development or a private homesite with extra space. Located in a newly developed area that's continuing to expand with new homes and infrastructure, this property offers a solid investment. A PUD is already approved by the City of Monroe, simplifying your path to development and variances may be available.. Whether you're a builder looking for your next project or an investor seeking land in a high-growth neighborhood, this property is a standout opportunity you can't miss in a high-growth neighborhood, this property is a standout opportunity. Site plan for Mason Run is available upon request.
Source: SparkMLS
About this home
Asking $180,000.
Property tax estimate: $1,451 per year ($121/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 Michigan Gas Utilities Corporation. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers.
Listing Property Details
Property TypeLand
Property SubtypeLot
Bathrooms0
Lot Size1.89 acres
Location
CityMonroe
MunicipalityMonroe City
Zip Code48162
CountyMonroe
School DistrictMonroe
Construction & Systems
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Storm Sewer, None
Sale & Financing
Listed10/28/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,451
Tax Year2024
Assessed Value$20,400
Parcel #55-59-01788-903
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael West
KW Advantage
Frequently Asked Questions about E E Lorain Street, Monroe, MI 48162
Which school district serves E E Lorain Street, Monroe, MI 48162?
Per MLS# 25055476, E E Lorain Street, Monroe, MI 48162 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 type of financing is accepted for this listing?
Per MLS# 25055476, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at E E Lorain Street, Monroe, MI 48162?
Per public tax records, annual property taxes for this property are $1,451 (2024). 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, E E Lorain Street, Monroe, MI 48162 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.
Is E E Lorain Street, Monroe, MI 48162 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 E E Lorain Street, Monroe, MI 48162. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve E E Lorain Street, Monroe, MI 48162?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Michigan Gas Utilities Corporation. 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.
Map
Mortgage Calculator
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Monthly payment$1,167
Principal & interest$1,167
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatellite
8 providers at this address
XfinityCable
1.2 GbpsAT&TFiber
1 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsT-MobileLicensed Fixed Wireless
25 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
E E Lorain Street, Monroe, MI 48162
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Municipality
Monroe
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County
Monroe County
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