For Sale278d on marketHistoric · 143 yrs
926 E Front St
Monroe, MI, 48161 • 48161 • Monroe County
$799,000
$113/sqft
-$20,900 since Mar 12, 2026
17Beds
10Baths
7,066Sqft
0.61 acLot
1883Built
Property DNA
Character Home
Built 1883 · 143 years of history
None
48161
This home is getting attention
Listed 278 days ago · 504 views · 19 saves
Market activity
Demand and pricing signals for this listing
504 views
People checking out this listing
19 saves
Buyers have saved this home
278 days on market
Established listing
$113/sqft
Price per square foot
About this home
Multi Family · Built 1883 · Historic
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!
Standout features identified
Our analysis highlights updated water heaters, new roofing, and shared coin-operated laundry as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,956/month
Principal & Interest$3,891
Property Tax$799
Insurance$266
Down payment20% ($159,800)
3%50%
Est. 6.14% rate · 30yr fixed · $639,200 loan
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At a glance
Key facts and listing details
TypeMulti Family
Year Built1883
HeatingForced Air
Parking0 spaces
Days on Zillow278 Days
Price/sqft$113
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1883
Stories2
Systems
HeatingForced Air
Water / SewerPublic / Public Sanitary
Parking & Outdoor
Lot0.61 Acres
Location & Tax
Neighborhood48161
Annual tax$12,554
Parcel554901491000
Bathrooms & Fees
Full baths10
Features & details
2 categories of property features
Interior Features
Heating
Forced Air
Exterior Features
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusFor Sale
Days on market278
Est. rent$1,094/mo
Tax rate1.20%
Price/sqft$113
On marketJul 3, 2025
PostedJul 3, 2025
Last sold$520,000
MLS updatedMar 12, 2026
Tour days9
Views504
Favorites19
How are the schools in Monroe?
3 schools rated nearby
Location
Monroe, MI, 48161
Price history
9 events
DateEventPrice$/sqftSource
Mar 12, 2026Price Change$799,000$113MiRealSource
Dec 4, 2025Price Change$819,900$116MiRealSource
Oct 24, 2025Price Change$839,900$119MiRealSource
Sep 15, 2025Price Change$859,900$122MiRealSource
Aug 15, 2025Price Change$879,900$125MiRealSource
Jul 3, 2025Listed For Sale$899,900$127MiRealSource
Dec 30, 2022Sold$520,000$74Realcomp II
Dec 10, 2022Pending Sale$620,000$88MiRealSource
Jul 12, 2022Listed For Sale$620,000$88MiRealSource
Price Change$799,000
Mar 12, 2026•$113/sqft•MiRealSource
Price Change$819,900
Dec 4, 2025•$116/sqft•MiRealSource
Price Change$839,900
Oct 24, 2025•$119/sqft•MiRealSource
Price Change$859,900
Sep 15, 2025•$122/sqft•MiRealSource
Price Change$879,900
Aug 15, 2025•$125/sqft•MiRealSource
Listed For Sale$899,900
Jul 3, 2025•$127/sqft•MiRealSource
Sold$520,000
Dec 30, 2022•$74/sqft•Realcomp II
Pending Sale$620,000
Dec 10, 2022•$88/sqft•MiRealSource
Listed For Sale$620,000
Jul 12, 2022•$88/sqft•MiRealSource
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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