Duplex Investment Opportunity located in Downtown Monroe near restaurants, parks and shopping! First floor Unit has Range/oven and Microwave, W/ D facilities in basement and a half bath. Unit 2 upstairs has range/oven and refrigerator. Home has been freshly painted and some new flooring installed. Furnace for first floor unit is new. There is a 21 x 13 room above the upstairs unit with access by stairs that can be used for additional bonus space but would not be permitted as a bedroom.
Multi-familyProperty Type
1913Year Built
7,405 sq ftLot Size
$101Price/Sq.Ft.
Listed by Brenda Reau• Coldwell Banker Haynes R.E. in Monroe
Northeast Monroe, located between the River Raisin and I-75, is a residential and light-commercial Monroe neighborhood with tree-lined blocks and river-adjacent green space. The neighborhood’s character concentrates around the Telegraph Rd (US-24) and E Front St corridor, where local diners, small storefronts, and service shops set a steady, everyday pace. Housing reads as mid-century ranches and compact postwar homes, with pockets of older streets closer to the river. River Raisin National Battlefield Park adds a strong sense of place through trails, interpretive sites, and open lawns. Monroe County Historical Museum and the River Raisin National Battlefield Park Visitor Center act as cultural anchors for weekend wandering. Sterling State Park frames the edge of the area with Lake Erie shoreline, marsh views, and a wide-open horizon.
Provided by Walk Score and Local Logic
Market insights
447 N Monroe St · $194,000
DAYS ON MARKET
1 days
The average home goes pending in 30 days.
SALE-TO-LIST
98.9%
Most homes are selling 1% below list price.
LIST PRICE
$194,000
Median sale price in this area is $271,439. (40% higher than this home)
PRICE DROP
0 price drops
23% 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
Crawl-space basement
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Microwave, oven, refrigerator, range
Heating & cooling
Forced-air heating
Natural gas heating
Separate heating meters
No cooling
Exterior features
Shed
Home design
Two-story multifamily property
Parking
Paved, assigned parking
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Duplex Investment Opportunity located in Downtown Monroe near restaurants, parks and shopping! First floor Unit has Range/oven and Microwave, W/ D facilities in basement and a half bath. Unit 2 upstairs has range/oven and refrigerator. Home has been freshly painted and some new flooring installed. Furnace for first floor unit is new. There is a 21 x 13 room above the upstairs unit with access by stairs that can be used for additional bonus space but would not be permitted as a bedroom.
REALCOMP #57050226829
Nov 3, 2026
Listed
$194,000
$101/sq ft
MiRealSource-MiMLS #15652
Feb 8, 2002
Listing Removed
—
Oct 8, 2001
Listed
$139,900
$73/sq ft
MiRealSource-MiMLS #17222
Feb 8, 2002
Listing Removed
—
Oct 8, 2001
Listed
$139,900
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,381 (+7.8%)
2024
$4,066 (+4.9%)
2023
$3,877 (+4.5%)
2022
$3,710 (+3.5%)
2021
$3,586 (+5.5%)
2020
$3,398 (+4.4%)
2019
$3,255 (+2.8%)
2018
$3,168 (+2.1%)
2017
$3,103 (+2.0%)
2016
$3,042 (+1.5%)
2015
$2,996 (+1.9%)
2014
$2,940
Public record
Public record
Zoning
Permits
Beds
—
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,922
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,922
Year built
1913
Style
Single Family Residential
County
Monroe County
APN
55 69 01382 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
RMD
Residential Mixed District
The RMD, Residential Mixed District, is intended to allow a range of housing options, including missing middle housing types, within Monroe’s older, built-out neighborhoods, while continuing to preserve neighborhood character. This district is also intended to allow commercial uses in select locations to serve neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Apr 14, 2002 • Final
Mechanical
HVAC
Apr 16, 2001 • Final
Building
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk 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 • 48162
Average low and high temperatures (°F)
29
16
35
21
53
34
61
43
67
50
81
62
85
67
79
61
76
55
65
47
50
37
37
25
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 447 N Monroe St
$193,598
$402 under list price of $194K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $200K to $260K.