261 South Main Street

Romeo MI 48065

2078 sq. ft.

0.51 ac.

Multi-Family

Last sold for $321,000

Joseph Petzold, last sold this property on 15 January 2026 after 125 days on market.

Overview

Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term rental appeal or potential for an Airbnb. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo's shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.

Features

4 bathrooms

2078 sq. ft. floor area

0.51 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Romeo over the last 12 months, the estimated median property value of 261 South Main Street is $330.5k.

Median value

$330.5k

Estimated value range

$295k - $358k

Median days on market

Estimated value trend

54%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Romeo. 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 261 South Main Street

2026

Sold

$321,000

15 Jan 2026 by Joseph Petzold, of Wessel Realty

2023

Sold

$356,500

10 Oct 2023 by Cameron Boutros, of Anthony Djon Luxury Real Estate

2021

Sold

$274,000

06 Aug 2021 by Adam Demchik, of Macomb Metro Realty Inc

Happy sellers in Romeo

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