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Sold on 04/26/2021
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115 E 8th St, Monroe, MI 48161

  • $201,000

    Last sold 04/26/2021 for $129K

  • —

    bed

  • 2

    bath

  • 2,111

    Sqft ($61/Sqft)

Multi-family not for sale
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About 115 E 8th St

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Property description
TURN KEY duplex perfect for investor! Lease out both units or live in one and lease out the other. First floor unit features 1 bedroom, 1 bathroom, living room, dining room, kitchen, private partially finished basement with possible 2nd bedroom, and 2 car detached garage. First floor unit has just been painted and brand new carpeting has just been installed. Upper unit features 3 bedrooms, 1 bath, kitchen, & living room. Freshly painted and new carpet installed just prior to current Tenant. Separate entries, separate utilities, fenced yard, water paid by Landlord. NEARLY 10% CAP RATE!!
Listed by
Listing Agent - Gary DeGrandchamp
Listing Agent Contact: (248) 348-6430
Listing Office - Real Estate One-Novi
Source: Realcomp mls logo
MLS#2200101022 • last updated 3 years ago
Movoto checked Realcomp for data 4 minutes ago
Interior
Cooling/AC Ceiling Fan(s), Separate Meter
Heating Hot Water
Levels/Style 3 Story, Duplex
# Full Baths 2
Basement Interior Entry (Interior Access), Partially Finished, Private
Interior Features Laundry Facility, Cable Available
Exterior
Foundation Block, Basement
Construction Brick, Vinyl
Roof Asphalt
# Parking Spaces 4
Exterior Features Lighting, Fenced
Patio/ Porch Porch - Covered, Deck, Porch
Location
Subdivision GUETTLER PLAT
APN 58553900094000
Directions Take Jones Ave. Off S. Monroe St. Make Left On Washington St. Make Right On E. 8th Street
Zoning Multi-Family
Multifamily Details
Rent Includes Water/Sewer, Trash Collection (Garbage Pickup), Water
# Units Leased 1
Gross Scheduled Income 18288
Net Operating Income 12963
Income Projection Projected
Monthly Rental Income 1524
Lot/ Land Details
Road Frontage Paved, Pub. Sidewalk
$201K
Range: $184K-$217K
Last 30 days 
  • Apr 2026
    mls logo MLS # 50180747
  • Apr 21, 2026 Conditional Withdrawn
    —
  • Apr 6, 2026 Price Change
    $199,900 (-2.5%)
  • Jan 29, 2026 Price Change
    $205,000 (-4.4%)
  • Dec 12, 2025 Price Change
    $214,500 (-0.2%)
  • Dec 3, 2025 Price Change
    $214,900 (-10.0%)
  • Nov 4, 2025 Price Change
    $238,750
  • Oct 25, 2025 Price Change
    $238,900
  • Oct 6, 2025 Price Change
    $239,000 (-11.3%)
  • Sep 5, 2025 Price Change
    $269,500 (-0.1%)
  • Jul 5, 2025 Listed
    $269,900 (+109.2%)
  • Jul 2025
    mls logo MLS # 57050180747
  • Jul 5, 2025 Listed
    $269,900
  • Jun 2021
    mls logo MLS # 2200101022
  • Jun 11, 2021 Sold
    $129,000 (-4.1%)
  • Dec 18, 2020 Listed
    $134,500 (+3.5%)
  • Dec 2020
    mls logo MLS # 40131935
  • Dec 18, 2020 Listed
    $134,500
  • Apr 2019
    mls logo MLS # 21598134
  • Apr 29, 2019 Listed
    $129,900 (-3.7%)
  • Feb 2019
    mls logo MLS # 21561143
  • Feb 7, 2019 Listed
    $134,900
  • 115 E 8th St
    $129K
  • Central Monroe
    $149K
  • 48161
    $279K +16% y/y
  • Monroe
    $263K +1% y/y
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Statistics calculated by Movoto

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5/10
Monroe High School
public Grades 8-12
Monroe Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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