44 E Willow Street
Monroe, MI 48162
- – beds
- 12 baths
- 12,204 sqft
- ~3/4 acre lot
- $79 per sqft
- 1970 build
- – on site
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Incredible Investment Opportunity. A 12 unit (11-two bedrooms & 1-one-bedroom) brick colonial style building, a great location with a walkscore of 83. This very walkable location attracts tenants easily with beautiful local amenities, such as the River Raisin, St Mary's Park, bars, restaurants, coffee and an 8 minute walk to downtown Monroe. Current annual gross income of $145k. All 12 units have been consistently rented over the years of ownership. The property is nestled off the road, making it feel private with a beautiful mature landscape surrounding it. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric, the property owner pays the water. All units have interior entrances. A total of 20 parking spots. Coin Laundry on site. Owner has renovated 9 of the 12 apartments over the last two years.
Last checked:
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Last updated Apr 10, 2025
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MLS# 20230027592 —
The Building
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Year Built:1970
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New Construction:false
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Construction Materials:Brick, BrickVeneer
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Architectural Style:CommonEntryBuilding
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Roof:Asphalt
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Levels:Three
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Basement:false
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Foundation Details:Slab
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Patio And Porch Features:Patio
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Above Grade Finished Area:12204.0
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Below Grade Total Area:1160
Interior
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Fireplace:false
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Laundry Features:CommonArea
Room Dimensions
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Living Area:12204.0
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Living Area Source:PublicRecords
Location
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Directions:I-75 to ELM street, head west. Go North on N. Monroe, turn east on E Willow St.
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Cross Street:ELM St. & N Monroe St.
The Property
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Parcel Number:58556900014001
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.77
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Lot Size Area:0.77
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Lot Size Dimensions:90.00 x 372.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 383-3938
- Office phone:
- (313) 383-3938
Taxes
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Tax Legal Description:ANDERSON PLAT PART OF LOT 2 DESC AS COMM IN E LI SAID LOT 2 SD; PT BEING 84.0 FT N 68D 04M W AND 170.35 FT N 22D 31M E FR INT W LI TREMONT ST AND N LI E ELM AVE; ;TH N 68D 04M W 90.0 FT TO W LI SD LOT 2; TH N 22D 31M E 372.43 FT; ;TH S 67D 29M E 45.0 FT; TH S 22D 31M W 150.00 FT; TH S 67D 29M E 45.0 FT; TH S 22D 31M W 221.51 FT TO POB
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Tax Assessed Value:303820
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Tax Annual Amount:18864.0
Baths
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Total Baths:12
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Full Baths:12
Heating & Cooling
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Heating:Baseboard, Electric
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Heating:true
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Cooling:WallUnits
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Cooling:true
Utilities
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Electric:CircuitBreakers
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Monroe
The Community
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Subdivision Name:ANDERSON PLAT
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Parking Total:20.0
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Parking Features:ParkingLot, Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/25/23
Aug 25, 2023
|
Sold | REALCOMP | $970,000 |