$3,622 Closing Credit¹
#20250020932, Sharath Kamarapu, Listing Office: Community Choice Realty Associates, LLC
$309,000 List price
1724 S Custer Rd Monroe, MI 48161
$3,669
Closing credit¹
4 full
4,345 sqft
0.3 acres
$71 / sqft
Multi-Family
Property details
About 1724 S Custer Rd
Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. 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 with over 10 parking spaces for tenant and office parking. Back on market with 2 new tenants.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size4,345 sqft
BasementYes
Lot size0.33 Acres
Year built1950
MLS #20250033364
Summary
- Full Bathrooms: 4
- Basement: Yes
- Attached Garage: No
- Exterior: Balcony
- Architectural Style: Duplex, Upper Lower Apartment
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $309,000
- Price/SqFt: $71
- Annual Tax Amount: $7,993
- Tax Year: 2024
- Directions: South on Telegraph, west on S. Custer about 10 blocks.
- Year Built: 1950
- Living Area: 4,345 SqFt
- Lot Size: 0.33 Acres
- MLS Number: 20250033364
- MLS Name: Realcomp II Ltd
- Office Name: RE/MAX Moves
- Office Phone: (734) 785-8549
- Listing Agent: Jeffrey A Menzer
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$309,000
1724 S Custer Rd
$3,669
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 07, 2022 | Home Sold | $275,000 |
| Feb 11, 2020 | Home Sold | $175,000 |
| Dec 15, 2005 | Home Sold | $210,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $140,350 | $7,993 |
| 2023 | $123,180 | $7,647 |
| 2022 | $123,180 | $5,012 |
| 2021 | $79,600 | $6,960 |
| 2020 | $130,420 | $6,489 |
| 2019 | $128,490 | $6,383 |
| 2018 | $113,700 | $6,259 |
| 2017 | $113,350 | $6,162 |
History based on county public records data.
Nearby schools
2
Waterloo Elementary School
Public District PK-6
0.3 mi
•1933 S Custer Rd
5
Manor Elementary School
Public District PK-6
0.8 mi
•1731 W Lorain St
3
Arborwood Elementary School
Public District PK-6
2.0 mi
•1135 Riverview Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,971. The majority of Monroe, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
20%
<35k
50%
35k-100k
24%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
8%
Single, with Kids
32%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Hiking/backpacking
Extreme Sports
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Sam's Club
Where do the neighbors go to eat?
LongHorn Steakhouse
Chipotle
White Castle
What do the neighbors drive?
Buick
Mazda
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$2,007 Closing Credit¹
#57050163565, Jean Knapp, Listing Office: Howard Hanna - Monroe
$16 Closing Credit¹
#57050170200, Marianna Deluca, Listing Office: Century 21 Allstar Real Estate Team, Inc
$2,611 Closing Credit¹
#57050166209, Jack Giarmo, Listing Office: Coldwell Banker Haynes R.E. in Monroe
This home is located at 1724 S Custer Rd in Monroe, MI and zip code 48161. This 4,345 square foot home, which was built in 1950, sits on a 0.33 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $309,000.
In April 2025, from all listings sold in Monroe, MI there were more than 16 sold above asking price, over 24 sold below and more than 15 were sold right at the asked price. Between March and April 2025, Monroe, MI real estate market has seen increase in the number of listings by 3.9%. In April 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $210,550.
From Rocket Homes Real Estate and based on county public records data.