The Producer
Two-story beige home with a covered porch, gravel driveway, and mature trees.
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
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926 E Front Street
926 E Front Street
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SEE ALL PHOTOS
Two-story beige home with a covered porch, gravel driveway, and mature trees.
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
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926 E Front Street
926 E Front Street
926 E Front Street
926 E Front Street
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926 E Front Street
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Sold

926 E Front Street

926 E Front Street, Monroe, MI 48161

$725,000
Rare investment opportunity! This fully occupied 10-unit apartment property spans four distinct buildings on a single lot, ideally located at the corner of E Front St and Kentucky Ave. Just steps from a park and tennis courts. Built in 1883 and thoughtfully updated, the property offers a mix of 1, 2, and 3-bedroom units, all with 1 bathroom, plus a shared coin-operated laundry. Recent renovations include new roofing, luxury vinyl plank flooring, updated water heaters, key-code entry locks, and interior upgrades throughout most units. Tenants are on one-year leases, with a strong rental history and consistent on-time payments. Current gross income is approx. $116,000/year (including laundry) with a pro forma potential of $121,000/year. Estimated annual expenses are approx. $26,000, with a current net operating income of about $90,000 and a cap rate near 10% at the asking price. Don't miss this chance to own a stabilized, income-producing multifamily property with upside potential in the heart of Monroe!

7,066 Sq.Ft. LIVING AREA

0.61 Acres lot

Jake Levicki

Jake Levicki

Features & Amenities

Area & Lot

  • Status Sold
  • Date Sold July 24, 2026
  • Living Area7,066 Sq.Ft.
  • Total Area7,066 Sq.Ft.
  • Lot Area0.61 Acres
  • MLS® ID50180679
  • TypeCommercial
  • YEAR BUILT1883
  • NeighborhoodMonroe

Exterior

  • water SourcePublic
  • sewerPublic Sanitary

Financial

  • Sales Price$725,000

Monroe

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Contact Details

Jake Levicki

Phone

(734) 347-5295

Email

[email protected]

Welch Real Estate - Real Estate One

Phone

(734) 333-9922

Address

1255 S Telegraph Rd Monroe, MI 48161

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