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509 E Lorain, Monroe, MI 48162

  • $199,000

    Last sold date unavailable

  • —

    bed

  • 4

    bath

  • 2,664

    Sqft ($45/Sqft)

Multi-family not for sale
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About 509 E Lorain

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This 4-bathroom multi-family property is located at 509 E Lorain, Monroe, MI, 48162, in the Northeast Monroe neighborhood in Monroe County and was built in 1918. The property offers 2,664 square feet of living space. It is served by municipal sewer. Parking includes a 4-car garage. The estimated market value is $199,000, approximately $75 per square foot.
Overview
Cooling/AC Window Unit(s)
Heating Forced Air
Status Unconditional Withdrawn
SubType Yes
Type Multi-Family
Total Tax Amount 2243
Originating MLS RealComp
Year Built 1918
Interior
# Full Baths 4
# Fireplaces No
Interior Features DSL Available
Exterior
Exterior Features Exterior Balcony
Construction Composition
# Garage Spaces 4
Parking Desc On Street
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Water Heater Gas
Location
County Monroe (58026)
Community Amenities Private Entry
Subdivision RIVERVIEW SUB
Zoning Monroe Monroe, Residential
Multifamily Details
Unit 2: Rent 500
Unit 4: Rent 500
Total Units 4
$199K
Range: $131K-$266K
Last 30 days 
Rental est.: $938/month
Gross rent multiplier: 10.7
  • Jun 2025
  • Jun 30, 2025 Delisted
    $119,900
  • Mar 30, 2017 Listed
    $119,900 (-7.7%)
  • Jul 2016
  • Jul 5, 2016 Listed
    $129,900
  • 509 E Lorain
    $119K
  • Northeast Monroe
    $219K -12% y/y
  • 48162
    $251K -6% y/y
  • Monroe
    $251K -6% y/y
No chart available
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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