#50177702, Robert Kluck, Listing office: Professional Leasing & Sales LLC
$899,900 List price
926 E Front St Monroe, MI 48161
17 beds
10 full
7,066 sqft
0.6 acres
$127 / sqft
Multi-Family
Property details
About 926 E Front St
Rare investment opportunity! This fully occupied 10-unit apartment property spans four distinct buildings on a single lot, ideally located at the corner of E Front St and Kentucky Ave. Just steps from a park and tennis courts. Built in 1883 and thoughtfully updated, the property offers a mix of 1, 2, and 3-bedroom units, all with 1 bathroom, plus a shared coin-operated laundry. Recent renovations include new roofing, luxury vinyl plank flooring, updated water heaters, key-code entry locks, and interior upgrades throughout most units. Tenants are on one-year leases, with a strong rental history and consistent on-time payments. Current gross income is approx. $116,000/year (including laundry) with a pro forma potential of $121,000/year. Estimated annual expenses are approx. $26,000, with a current net operating income of about $90,000 and a cap rate near 10% at the asking price. Don't miss this chance to own a stabilized, income-producing multifamily property with upside potential in the heart of Monroe!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas, Separate Meters
StatusActive
Size7,066 sqft
BasementYes
Lot size0.61 Acres
Year built1883
MLS #57050180653
Summary
- Full Bathrooms: 10
- Basement: Yes
- Total Bedroom Count: 17
- Heating: Forced Air, Natural Gas, Separate Meters
- List Price: $899,900
- Price/SqFt: $127
- Annual Tax Amount: $12,713
- Tax Year: 2024
- Year Built: 1883
- Living Area: 7,066 SqFt
- Lot Size: 0.61 Acres
- MLS Number: 57050180653
- MLS Name: Southeastern Border Association of REALTORS
- Office Name: eXp Realty LLC in Monroe
- Office Phone: (734) 244-5605
- Listing Agent: Jacob Levicki
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.
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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: 7/9/2025, 9:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 04, 2023 | Home Sold | $520,000 |
| May 08, 2009 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $203,340 | $12,713 |
| 2023 | $199,920 | $10,230 |
| 2022 | $199,920 | $9,887 |
| 2021 | $173,440 | $9,367 |
| 2020 | $174,840 | $8,733 |
| 2019 | $174,840 | $8,552 |
| 2018 | $170,260 | $8,461 |
| 2017 | $147,670 | $8,356 |
History based on county public records data.
Nearby schools
3
Arborwood Elementary School
Public District PK-6
1.2 mi
•1135 Riverview Ave
2
Waterloo Elementary School
Public District PK-6
2.2 mi
•1933 S Custer Rd
5
Manor Elementary School
Public District PK-6
2.2 mi
•1731 W Lorain St
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 $43,824. The majority of Monroe, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
53%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 926 E Front St
The listing price of 926 E Front St property is $899,900.
The property 926 E Front St is a multi located in Monroe, Michigan, 48161.
Active Listing: 926 E Front St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 926 E Front St are: Arborwood Elementary School (GreatSchools Rating 3/10), Waterloo Elementary School (GreatSchools Rating 2/10), Manor Elementary School (GreatSchools Rating 5/10), Monroe Middle School (GreatSchools Rating 5/10), Triumph Academy (GreatSchools Rating 6/10), Jefferson Middle School (GreatSchools Rating 4/10), Orchard Center High School (GreatSchools Rating 2/10), Monroe High School (GreatSchools Rating 5/10), Monroe County Middle College (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $12,713 (source: MLS/based on county public records data).
The last sale was on January 4, 2023 for $520,000 (source: MLS/tax record).
The property 926 E Front St is 7,066 SqFt (source: MLS/tax record).
The year of construction for 926 E Front St is 1883.
This home is located at 926 E Front St in Monroe, MI and zip code 48161. This 7,066 square foot home, which was built in 1883, sits on a 0.61 acre lot. Features: 17 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $899,900.
Over 10 listings were sold over their listed price in June 2025 in Monroe, MI. In the same period over 10 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Monroe, MI between May and June 2025 increased by 18.2%. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $210,000.
From Rocket Homes Real Estate and based on county public records data.