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Jim Blehm

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

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15597 Norway St , Monroe, MI 48161
$249,900
Est. Payment: $555.33/mo
3 Bath
0.94 Acres
Status: active | Days on site: 63
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Jim Blehm
Team Owner, Realtor®

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 was just leased this September/October. 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

Highlights

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

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
  • ▪ Bathrooms:3
Air Cond:Central Air
Fireplaces:
Basement:Slab
Water:Public

Exterior Features

Principal Interest
$555
Taxes
$261

Home Price

$249,900

Loan Details

30 yrs
0%

Down Payment

20%
$49,980
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Monthly Price:
$555.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $555.33 $260.83 $0.00 $816.17
Yearly $6,664.00 $3,130.00 $0.00 $9,794.00
Total $199,920.00 $93,900.00 $0.00 $293,820.00
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T20:20:57.000Z

© 2026 MichRIC