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Back 1724 S Custer Rd
Off Market

1724 S Custer Rd

Monroe MI 48161

4
4370 sq. ft.
0.33 ac.
Multi-Family
Last sold for $293,000
Jeffrey MenzerJeffrey Menzer, last sold this property on 04 May 2026 after 1669 days on market.

Overview

Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.

Features

4 bathrooms
4370 sq. ft. floor area
0.33 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Monroe over the last 12 months, the estimated median property value of 1724 S Custer Rd is $175.5k.

Median value
$175.5k
Estimated value range
$100.11k - $700k
Median days on market
23
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Monroe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1724 S Custer Rd

2026
Sold
$293,000
04 May 2026 by Jeffrey Menzer, of RE/MAX Moves
2020
Sold
$175,000
10 Feb 2020 by Tom Fritz, of Coldwell Banker Haynes R.E.-Monroe

Happy sellers in Monroe

87%
87% of sellers in Monroe reported that their sale price either exceeded or met their price expectations.

Monroe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Monroe over the last 12 months.

Local market activity for multi families in Monroe

In the last 12 months, 15 multi families similar to 1724 S Custer Rd, have been sold.

This represents a 14% decrease in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Monroe

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Jennifer Macleod

Sellers who recommend Jennifer Macleod have praised them for being local expert, responsive, supportive, clear communication, attentive, friendly, and patient

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Scott Estep

Sellers who recommend Scott Estep have praised them for being local expert, responsive, clear communication, supportive, friendly, empathetic, and honest

  •   5   (334 reviews)
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Katja Classic

Sellers who recommend Katja Classic have praised them for being local expert, clear communication, responsive, reliable, hard-working, supportive, and friendly

  •   5   (76 reviews)
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  •  5 Sales in Monroe
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Rhonda Nowitzke

Rhonda Nowitzke is a recommended agent for Monroe.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Monroe
  •  2 Sales in Monroe
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