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116 w Lorain St, Monroe, MI 48162

  • $197,000

    Last sold date unavailable

  • 2

    bed

  • 1

    bath

  • 1,317

    Sqft ($173/Sqft)

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About 116 w Lorain St

Property type House
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Rental estimate
Property description
This 2-bedroom, 1-bathroom single-family home is located at 116 w Lorain St, Monroe, MI, 48162, in the Northeast Monroe neighborhood in Monroe County and was built in 1924. This home offers 1,317 square feet of living space on a 6,098 sq ft lot. The estimated market value is $197,000, approximately $150 per square foot.
$197K
Range: $147K-$246K
Last 30 days 
Rental est.: $1,040/month
Gross rent multiplier: 18.2
  • Year Property taxes Tax assessment
  • 2024
    $2,453 +4.8%
    $85,900 +5.61%
  • 2023
    $2,340 +8.0%
    $81,340 +27.05%
  • 2021
    $2,167 +7.4%
    $64,020 -1.49%
  • 2020
    $2,018 +5.5%
    $64,990 +15.31%
  • 2019
    $1,913 +0.9%
    $56,360
  • 2018
    $1,896 +5.9%
    $56,360 +8.93%
  • 2017
    $1,791 +2.5%
    $51,740
  • 2016
    $1,748 +4.2%
    $51,740
  • 2014
    $1,677
    —
  • 116 w Lorain St
    $227K
  • Northeast Monroe
    $251K +1% y/y
  • 48162
    $260K -3% y/y
  • Monroe
    $263K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
502 Borgess Ave, Monroe, MI 48162 $227,000 2/1 1,592 0.02
506 Borgess Ave, Monroe, MI 48162 $225,000 2/2 1,346 0.02
501 Saint Marys Ave, Monroe, MI 48162 $222,000 4/1 1,404 0.02
512 Borgess Ave, Monroe, MI 48162 $229,000 3/1 1,467 0.02
515 Saint Marys Ave, Monroe, MI 48162 $192,000 3/1 1,334 0.03
507 Saint Marys Ave, Monroe, MI 48162 $217,000 3/1 1,484 0.03
476 Borgess Ave, Monroe, MI 48162 $227,000 3/3 1,591 0.03
516 Borgess Ave, Monroe, MI 48162 $241,000 4/2 1,943 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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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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