Off Market1467d on market
1260 E 5th St
Monroe, MI, 48161 • 48161 • Monroe County
$121,900
$112/sqft
4Beds
2Baths
1,092Sqft
0.12 acLot
1942Built
Property DNA
Character Home
Built 1942 · 84 years of history
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
1467 days on market
Established listing
$112/sqft
Price per square foot
About this home
Multi Family · Built 1942
2 side-by-side rental units. Newer water heaters, new furnace. Both units include 2 bedrooms. Recently remodeled with new kitchens, mostly all new floorings, paint. Rental income is deliberately kept low at only $900 per month. Both tenants are very long time occupants, are low-key, respectful of the property, etc. Tenants pay all utilities. Owner only pays taxes and insurance which are a combined total of under approx. $1,400 per year. Great money maker!
Estimated monthly payment
Based on current rates
$795/month
Principal & Interest$633
Property Tax$122
Insurance$41
Down payment20% ($24,380)
3%50%
Est. 6.75% rate · 30yr fixed · $97,520 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
Year Built1942
HeatingForced air
ParkingOn-street
Property
Home typeMulti Family
Year built1942
Systems
HeatingForced air
RoofAsphalt
Parking & Outdoor
ParkingOn-street
BasementNone
Lot5,053 sqft
Location & Tax
Neighborhood48161
Annual tax$1,496
Parcel554900411000
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Appliances
Range / Oven
Refrigerator
Flooring
Carpet
Laminate
Heating
Forced air
Exterior Features
Exterior
Vinyl
Parking
On-street
Room details
1 room detailed
Family Room
Listing insights
Market data and value estimates
StatusOff Market
Days on market1467
Est. value$121,900
Est. rent$1,056/mo
Tax rate1.20%
Price/sqft$112
Last sold$85,000
Tour days6
Views3
How are the schools in Monroe?
3 schools rated nearby
Location
Monroe, MI, 48161
Price history
8 events
DateEventPrice$/sqftSource
Apr 1, 2022Sold$85,000$78MiRealSource
Apr 1, 2022Pending Sale$89,900$82MiRealSource
Feb 26, 2022Listed For Sale$89,900$82Realcomp II
Feb 26, 2022Contingent$89,900$82Realcomp II
Feb 22, 2022Listed For Sale$89,900$82Realcomp II
Mar 24, 2021Listing Removed——Owner
Nov 1, 2016Listing Removed$49,000$45Owner
Aug 3, 2016Listed For Sale$49,000$45Owner
Sold$85,000
Apr 1, 2022•$78/sqft•MiRealSource
Pending Sale$89,900
Apr 1, 2022•$82/sqft•MiRealSource
Listed For Sale$89,900
Feb 26, 2022•$82/sqft•Realcomp II
Contingent$89,900
Feb 26, 2022•$82/sqft•Realcomp II
Listed For Sale$89,900
Feb 22, 2022•$82/sqft•Realcomp II
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$49,000
Nov 1, 2016•$45/sqft•Owner
Listed For Sale$49,000
Aug 3, 2016•$45/sqft•Owner
Tax history
24 years of records
YearTax paidAssessed value
Apr 8, 2025$1,496$29,400
Apr 8, 2024$1,538$25,910
Apr 8, 2023$860$23,090
Apr 8, 2022$1,094$20,160
Apr 8, 2021$769$17,530
Apr 8, 2020$367$16,420
Apr 8, 2019$1,787$13,590
Apr 8, 2018$1,787$12,140
Apr 8, 2017$701$12,140
Apr 8, 2016$701$12,230
Apr 8, 2015$701$12,540
Apr 8, 2014$707$12,540
Apr 8, 2013—$15,820
Apr 8, 2012—$18,370
Apr 8, 2011—$20,300
Apr 8, 2010—$21,690
Apr 8, 2009—$27,670
Apr 8, 2008—$33,150
Apr 8, 2007—$36,690
Apr 8, 2006—$34,430
Apr 8, 2005—$23,450
Apr 8, 2003—$18,260
Apr 8, 2002—$15,970
Apr 8, 2001—$15,320
Nearby homes
Neighborhood details
Local context around this listing
Monroe, MI • Monroe County
Nearby neighborhoods
Detroit BeachSouth MonroeWest MonroeWoodland Beach
Nearby cities
CarletonDundeeLambertvilleMilanMonroeNewportPetersburgSylvania
Nearby zip codes
4816148162
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