Movoto Real Estate
Sold on 05/04/2026
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1724 S Custer Rd, Monroe, MI 48161

  • $293,000

    Last sold 05/04/2026 after 361 Days

  • 10

    bed

  • 4

    bath

  • 4,370

    Sqft ($67/Sqft)

Multi-family not for sale
Movoto is helping 30 homebuyers near you

About 1724 S Custer Rd

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Property description
Multifamily opportunity! If you are looking for some positive, easy, and passive income, this is the place for you. There is 1 apartment that is currently rented and under lease. Each apartment is a month to month lease and buyer will assume all tenant's rights. New tenant moving in on April 1, 2026 in the one bedroom with rent of $690. Current tenants have always paid on time. Property is managed by seller. On ground level, there is also a large office space that has 4 rooms, 1.5 baths, and a lobby. This office space can be reverted back into a 4 bedroom apartment giving the new buyers more income revenue (about $2000.00). 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 for 12 parking spaces for tenant and office parking. Seller is motivated to sell but will not take low offers. Come bring your new buyers and/or investor for an opportunity that will result in immediate income! Licensed real estate agent must be on site with buyer(s) during all showings. Lockbox is located on the east side of the building on the front office door. BATVAI PLEASE RESPECT ALL TENANTS DURING SHOWINGS AS TENANTS ARE UNDER CURRENT LEASES. Tenants need 48 hours for all showings. Continent on release of previous contract.
Listed by
Listing Agent - Jeffrey A Menzer
Listing Agent Contact: 7347858549
Listing Office - RE/MAX Moves
Source: Realcomp mls logo
MLS#20250033364 • last updated 3 months ago
Movoto checked Realcomp for data 4 minutes ago
Overview
Cooling/AC Central Air
Heating ForcedAir, NaturalGas
Levels/Style One, Duplex, Upper/Lower Apartment
Status Closed
SubType Multi Family
Living Area 4370
MLS # 20250033364
Lot Size (Acres) 0.33
Property Tax 8179
Interior
Total # of Bathrooms 4
# of Full Baths 4
Exterior
Construction Asphalt, Brick
Foundation Basement, Block, Slab
Roof Asphalt
# Parking Spaces 12
Exterior Features Balcony
Fencing Fenced
Patio/Porch Enclosed, Porch
Amenities / Utilities
Pool None
Location
Subdivision WERTENBERGER PLACE - MONROE CITY
Community Features Sidewalks
High School District Monroe
APN 58551900980000
Directions South On Telegraph, West On S. Custer About 10 Blocks.
Zoning Commercial
Multifamily Details
Rent Includes TrashCollection, Water, YardMaintenance
# Units Leased 3
Gross Scheduled Income 36600
Operating Expense 6000
Net Operating Income 30600
Monthly Rental Income 3050
Lot/ Land Details
Road Frontage Private Road
$322K
Range: $289K-$354K
Last 30 days 
  • May 2026
    mls logo MLS # 20250033364
  • May 5, 2026 Sold
    $293,000 (-5.2%)
  • Apr 7, 2026 Pending
  • Mar 16, 2026 Listed
  • Feb 15, 2026 Pending
  • Oct 22, 2025 Listed
  • Sep 24, 2025 Pending
  • May 8, 2025 Listed
    $309,000
  • May 2025
    mls logo MLS # 60392386
  • May 8, 2025 Listed
    $309,000
  • Jan 2025
    mls logo MLS # 20240028637
  • Jan 14, 2025 Listed
    $309,000 (-6.1%)
  • Jan 10, 2025 Active
  • Sep 20, 2024 Listed
    $329,000 (-2.9%)
  • May 1, 2024 Listed
    $339,000 (+23.3%)
  • May 2024
    mls logo MLS # 60304507
  • May 1, 2024 Listed
    $339,000
  • Oct 2021
    mls logo MLS # 40242228
  • Oct 3, 2021 Listed
    $275,000 (-6.8%)
  • Oct 2021
    mls logo MLS # 2210083175
  • Oct 3, 2021 Listed
    $295,000 (+68.6%)
  • Feb 2020
    Public Records
  • Feb 11, 2020 Sold
    $175,000
  • Feb 2020
    mls logo MLS # 57031393854
  • Feb 10, 2020 Sold
    $175,000 (-12.5%)
  • Sep 10, 2019 Listed
    $199,900
  • 1724 S Custer Rd
    $293K
  • Southwest Monroe
    $194K +3% y/y
  • 48161
    $279K +16% y/y
  • Monroe
    $274K +4% y/y
No chart available
Statistics calculated by Movoto

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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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