Back 231 West 7th Street
Off Market

231 West 7th Street

Monroe MI 48161

3
2
1630 sq. ft.
0.14 ac.
Multi-Family
Last sold for $108,000
Mitchell PetreeMitchell Petree, last sold this property on 08 October 2026 after 103 days on market.

Overview

BRAND NEW ROOF COMING SOON! New roof to be installed by an Owens Corning Preferred Contractor featuring Black Sable designer shingles, with completion projected by October 15th. Turnkey duplex with projected gross rental income of approximately $23,400 per year ($1,950/month). Both units are vacant, giving the new owner the flexibility to place tenants at market rents or owner-occupy one unit while generating rental income from the other. Fresh interior paint, new carpet, new front doors and numerous updates make this property move-in and rent-ready. Separate gas and electric meters simplify tenant-paid utilities. The spacious lower unit includes exclusive access to the full basement, while the upper 2-bedroom unit features an oversized attic offering exceptional additional storage. Immediate possession available. A great opportunity for an investor or owner-occupant looking for a move-in-ready duplex with a brand-new roof and strong income potential.

Features

3 bedrooms
2 bathrooms
1630 sq. ft. floor area
0.14 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Monroe over the last 12 months, the estimated median property value of 231 West 7th Street is $104.06k.

Median value
$104.06k
Estimated value range
$92k - $210k
Median days on market
51
Estimated value trend
0%
decrease 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 231 West 7th Street

2026
Sold
$108,000
08 Oct 2026 by Mitchell Petree, of DS Realty
2020
Sold
$77,000
16 Oct 2020 by Steve Hudkins, of Berkshire Hathaway Hudkins Realtors-Monroe
2017
Rented
Undisclosed
28 Apr 2017 by Community Choice Realty Associates, LLC

Happy sellers in Monroe

~%

We have insufficient information to provide an overview of customer satisfaction for Monroe. Viewing the agent profiles, reviews and sales for Monroe can provide insights for this location.

Local market activity for 3 bedroom multi families in Monroe

In the last 12 months, 3 three-bedroom multi families similar to 231 West 7th Street, have been sold.

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