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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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15597 Norway St , Monroe, MI 48161
$274,900
Est. Payment: $610.89/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 17
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324866 - 317808
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Excellent investment opportunity featuring 3 total rental units on one lot. The front property consists of two separate units, each offering 2 bedrooms and 1 full bathroom, while the rear single-family home features 3 bedrooms and 1 full bathroom.Unit 1 is currently vacant and ready for a new tenant or owner occupancy. Unit 2 is tenant-occupied and currently rents for 750/month. The rear home, Unit 3, is occupied by a long-term tenant of more than 10 years and currently rents for 650/month.Recent improvements include a new roof and new porch completed in August 2026. With multiple units, existing rental income, and additional income potential from the vacant unit, this property offers a great opportunity to add to an investment portfolio. Schedule a showing today! BTVAI
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Highlights

Listed by Jeff Glover , 734-259-1100 KW Professionals , 734-459-4700.

Property Type

Multi-Family
Lot/Acreage
0.94

Year Built

9999

County

Monroe

 Neighborhood

Monroe Twp

 School District

Monroe

Listing ID

20261069307

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Slab
Water:Public

Exterior Features
Principal Interest
$611
Taxes
$261

Home Price

$274,900

Loan Details

30 yrs
%

Down Payment

20%
$54,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$610.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $610.89 $260.83 $0.00 $871.72
Yearly $7,330.67 $3,130.00 $0.00 $10,460.67
Total $219,920.00 $93,900.00 $0.00 $313,820.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Monroe, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.