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926 E Front, 
Monroe, MI 48161

$899,900


17

Beds


10

Baths


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jacob Levicki

eXp Realty LLC. In Monroe

734-244-5605

Last updated:

July 27, 2025, 10:14 AM

MLS#

50180653

Source:

MI REALSOURCE

About This Home

926 E Front

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!

Home Facts

Multi-Family

10 Baths

17 Bedrooms

Built in 1883

Price Summary

899,900

MLS #:

50180653

Last Updated:

July 27, 2025, 10:14 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

17

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

10


Structure

Structure

Year Built:

1883


Lot

Lot Size (Sq. Ft):

26,571


Finances & Disclosures

Finances

Price:

$899,900

Source:MI REALSOURCE
The information being provided by MiRealSource, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 MiRealSource, Inc. All rights reserved.

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