6 months on rocket

1724 S Custer Rd, Monroe, MI, 48161

$329,000

Home List Price

$3,907*

Closing Credit

4 Full Baths
4,345 SqFt
$76/SqFt
Multi

Location

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1724 S Custer Rd, Monroe$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1950
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240028637
Lot Size0.33 Acres
StatusActive

About 1724 S Custer Rd

Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot with over 10 parking spaces for tenant and office parking. Back on market with 2 new tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex, Upper/Lower Apartment
  • Year Built: 1950
  • Stories: 1
  • Living Area: 4,345 SqFt

Listing Office:

  • Office Name: RE/MAX Moves
  • Office Phone: (734) 785-8549
  • Listing Agent: Jeffrey A Menzer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Telegraph, west on S. Custer about 10 blocks.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $6,960
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monroe, MI.

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Monroe, MI

City

Med. Sold Price

$209K

Med. Price/SqFt

$152

Avg. Days On Market

31

# of Sold Homes

47

1724 S Custer Rd vs Monroe

205 DAYS ON ROCKET

+174 Days

$329,000

+$120K More

$76/SqFt

-$76 Less

KEY TAKEAWAY

This property is $120K more than the Median Sold Price and $76/SqFt less than other homes in Monroe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240028637

Listing Office:

  • Office Name: RE/MAX Moves
  • Office Phone: (734) 785-8549
  • Listing Agent: Jeffrey A Menzer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2020Home Sold
$175,000
Dec 15, 2005Home Sold
$210,500

Tax History

YEARPROP. TAXASSESSMENT
2021$6,960$79,600
2020$6,489$130,420
2019$6,383$128,490
2018$6,259$113,700
2017$6,163$113,350

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-643044
2
/10

  • Waterloo Elementary School

  • 1933 S Custer Rd

  • 0.28 miles

  • Public District Grades PK-6

school-card-donut-643045
5
/10

  • Manor Elementary School

  • 1731 W Lorain St

  • 0.83 miles

  • Public District Grades PK-6

school-card-donut-643046
3
/10

  • Arborwood Elementary School

  • 1135 Riverview Ave

  • 2.02 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,971. Most Monroe, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Monroe County›Monroe›48161›1724 S Custer Rd

This home is located at 1724 S Custer Rd in Monroe, MI and zip code 48161. This 4,345 square foot home, which was built in 1950, sits on a 0.33 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $329,000.

In October 2024 more than 16 listings in Monroe, MI were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 21 were sold below. In October 2024 in Monroe, MI there were 1.5% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $209,000, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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