Pending

$116,000

Est. $777/mo —

•

1,092

sq ft

1636 Peters St, Monroe, MI 48161

About this home

Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!

Multi-familyProperty Type

1942Year Built

5,227 sq ftLot Size

$106Price/Sq.Ft.

Listed by Deborah Lambrix • Real Estate One Monroe

•734-244-5605 (broker)

•tomlong21@gmail.com (broker)

Listing updated: Oct 21, 2026 at 09:27pm

Redfin checked: a few seconds ago

•Source:MiRealSource-MiMLS #50223639

Payment calculator

$777 per month

Principal and interest$641

Property taxes

$87

HOA dues

Home insurance

$49

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (5)

OPEN SUN, 10AM TO 12PM
$335,000
3 beds3 baths2,533 sq ft
6281 Lighthouse Rd, Monroe, MI 48161
0.69 acre lot • 2 garage spots • Built 1993
(734) 244-5605
OPEN SUN, 12PM TO 2PM
$354,999
4 beds2.5 baths2,613 sq ft
982 Eagle Ridge Trl, Temperance, MI 48182
7,405 sq ft lot • 2 garage spots • Built 2002
(734) 606-9763
OPEN SUN, 12PM TO 2PM
$142,500
3 beds1 bath1,012 sq ft
527 Railroad St, Monroe, MI 48161
5,227 sq ft lot • Built 2005 • Listed 68 days
(734) 242-8484
OPEN SUN, 1PM TO 3PM
$299,000
3 beds2 baths1,680 sq ft
3019 8th St, Monroe, MI 48162
6,098 sq ft lot • Built 2005 • Listed 33 days
(734) 241-2700
OPEN SUN, 1PM TO 3PM
$269,900
3 beds2 baths3,251 sq ft
4615 Ives Dr, Newport, MI 48166
9,583 sq ft lot • Garage • Built 1940
(734) 243-4200

Around this home

Schools

K - 12
Preschool & daycare

Custer Elementary School

Public PreK-6 • Assigned • 3.0mi

4/10

Monroe Middle School

Public 6-8 • Assigned • 1.2mi

6/10

Monroe High School

Public 8-12 • Assigned • 3.1mi

Provided by GreatSchools

About Southeast

Monroe

Southeast Monroe, located between downtown Monroe and Sterling State Park, is a residential and waterfront Monroe neighborhood with riverfront views and a marina-lined shoreline. The neighborhood’s character concentrates around the River Raisin waterfront near the Monroe Boat Club, where docks, bait-and-tackle counters, and casual waterside hangouts set the pace. Housing reads as a mix of mid-century ranches and older cottages, with streets that angle toward the water and the river channel. The River Raisin National Battlefield Park adds a reflective, walkable cultural layer close to the shoreline. Sterling State Park frames the edge with beach, trails, and open lake horizon. Daily life leans toward boating, shoreline walks, and small-city errands back toward the downtown grid.

Provided by Walk Score and Local Logic

Market insights

1636 Peters St · $116,000

LIST PRICE

Median list price in this area is $83,993. (28% lower than this home)

PRICE DROP

66% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Two total bathrooms

Bathrooms
Two full bathrooms

Heating & cooling
Forced air heating
Natural gas fuel

Sale and tax history for 1636 Peters St

Sale History
Tax History

Date

Event

Price

MiRealSource-MiMLS #50223639

Oct 21, 2026

Pending

—

Oct 2, 2026

Listed

$116,000

$106/sq ft

REALCOMP #57050223639

Oct 21, 2026

Pending

—

Oct 2, 2026

Listed

$116,000

$106/sq ft

MiRealSource-MiMLS #20592109

Mar 17, 2014

Sold

$15,900

$15/sq ft

Feb 1, 2014

Listed

$16,900

$15/sq ft

REALCOMP #214008919

Mar 17, 2014

Sold

$15,900

$15/sq ft

Feb 1, 2014

Listed

$16,900

$15/sq ft

MiRealSource-MiMLS #15303

May 29, 2003

Sold

$68,000

$62/sq ft

Apr 15, 2003

Listing Removed

—

Mar 11, 2003

Listed

$69,900

$64/sq ft

MiRealSource-MiMLS #15393

Feb 4, 2003

Sold

$49,900

$46/sq ft

Jan 20, 2003

Listing Removed

—

Aug 26, 2002

Listed

$54,900

$50/sq ft

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,227 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,092

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,092

Year built

1942

Style

Multi-Family (2-4 Unit)

County

Monroe County

APN

55 49 00256 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

R-3

Single-Family Residential District

The R-3, Single-Family Residential District, is intended primarily for single-family residential development and for associated educational and institutional uses. The permitted uses and standards of these districts are intended to achieve the following objectives: To encourage the continued use of the land for single-family dwellings which are compatible with the established character of the Citys dominant neighborhood type; To prohibit uses that would disrupt the character of the existing single-family neighborhoods; To encourage the discontinuance of existing uses that would not be permitted as new uses under the provisions of this chapter; To discourage land uses which would generate traffic on minor local streets atypical of that in single family neighborhoods; To accommodate low-intensity non-residential facilities where such uses could be compatible with the neighborhoods within this district.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Senior
Bed & breakfast
Park & open space

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Monroe, MI • 48161

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1636 Peters St

$108,879

$7,121 under list price of $116K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $87K to $165K.

SOLD JUL 15, 2026
$120,000 Last sold price
3 beds1 bath1,284 sq ft
1738 Oak St, Monroe, MI 48161
$13/sq ft
smaller lot
66 years newer
SOLD AUG 21, 2026
$125,000 Last sold price
4 beds2 baths1,092 sq ft
1260 E 5th St, Monroe, MI 48161
$8/sq ft
SOLD SEP 25, 2026
$87,000 Last sold price
3 beds1 bath1,520 sq ft
1243 E 1st St, Monroe, MI 48161 1912
$49/sq ft
42 years older
basement
SOLD DEC 5, 2025
$90,000 Last sold price
3 beds1 bath913 sq ft
419 Almyra Ave, Monroe, MI 48161
$7/sq ft
smaller lot
22 years older
SOLD SEP 24, 2026
$93,000 Last sold price
2 beds1 bath1,524 sq ft
1419 Peters St, Monroe, MI 48161
$45/sq ft
larger lot
15 years older
SOLD AUG 5, 2026
$165,000 Last sold price
4 beds1 bath1,090 sq ft
713 Roeder St, Monroe, MI 48161
$45/sq ft
larger lot
9 years newer

Contact listing agent

Deborah Lambrix

Real Estate One Monroe

734-915-6532

6532deb@gmail.com

At this time, Redfin doesn't have any agents available to help. Availability is subject to change. Please check back soon.

Nearby similar homes

$139,000

4 beds2.5 baths3,503 sq ft

68 Navarre St, Monroe, MI 48161

High ceilings • Updated kitchen • Small 2nd kitchen

(734) 243-4200

$179,900

6 beds2 baths2,016 sq ft

710 E fourth St, Monroe, MI 48161

Spacious units • Fresh paint • New carpet

(734) 241-2700

$180,000

2 beds2 baths1,296 sq ft

815 Union St, Monroe, MI 48161

Separate utilities • Patio area • Large yard

(734) 243-4200

$1,750

3 beds2 baths1,127 sq ft

503 W 8th St, Monroe, MI 48161

Eat in kitchen • Large living room • Bonus room

$239,900

7 beds3 baths2,838 sq ft

902 E 8th St Unit 906 E Eighth, Monroe, MI 48161

Fenced yard • New flooring • Updated fixtures

(734) 755-1970

$239,900

7 beds3 baths2,838 sq ft

902 E 8th St, Monroe, MI 48161

Fenced yard • New flooring • Updated fixtures

New listings for sale in 48161 9520

NEW 1 HR AGO

$389,900

3 beds2 baths2,400 sq ft

1711 W Albain Rd, Monroe, MI 48161 9520

Nearly 2 acres • Impressive pole barn • Finished basement

(734) 671-6611

$452,900

4 beds3.5 baths3,622 sq ft

5160 Applewood Cir, Monroe, MI 48161

Brick ranch • Premium lot • Gas fireplace

(734) 675-7500

NEW 21 HRS AGO

$359,900

5 beds3 baths2,686 sq ft

15604 Pine St, Monroe, MI 48161-3615

0.23 acre lot • Built 2025

(734) 242-4700

COMING SOON

$129,900

2 beds1 bath774 sq ft

615 Hubble St, Monroe, MI 48161 1530

Manageable yard • New furnace • Roof and gutters

(734) 244-5605

$505,000

2 beds2 baths1,511 sq ft

13500 Venetian Dr, Monroe, MI 48161

Waterfront views • Direct beach access • Abundant parking

(734) 242-8484

$189,900

4 beds1.5 baths3,096 sq ft

421 E 3rd St, Monroe, MI 48161

Hardwood floors • Formal dining room • Enclosed front porch

(734) 243-5000

$15,000

2 beds1.5 baths1,223 sq ft

711 W Front St, Monroe, MI 48161

Attached garage • Living space • River raisin

$259,999

3 beds1.5 baths1,872 sq ft

5965 W Roseland St, Monroe, MI 48161

0.29 acre lot • 2 garage spots • Built 1945

(734) 241-2700

OPEN SUN, 10AM TO 12PM

$335,000

3 beds3 baths2,533 sq ft

6281 Lighthouse Rd, Monroe, MI 48161

Spacious ranch • Three-season room • Updated kitchen

(734) 244-5605

Details provided by MiRealSource-MiMLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Monroe	Agents near me	Livonia, MI homes for sale	Monroe Housing Market
Houses for sale near me	Detroit, MI homes for sale	Royal Oak, MI homes for sale
Land for sale near me	Ann Arbor, MI homes for sale	Novi, MI homes for sale
Open Houses near me	Grand Rapids, MI homes for sale	Monroe Property Records
Condos for sale near me	Troy, MI homes for sale	MI New Listings

48161 homes for sale
48162 homes for sale
48166 homes for sale

Toledo homes for sale
Taylor homes for sale
Belleville homes for sale

About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (5)

Around this home

Schools

Market insights

Property details

Sale and tax history for 1636 Peters St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1636 Peters St

Contact listing agent

Nearby similar homes

New listings for sale in 48161 9520

More real estate resources