INVESTOR SPECIAL | 2-BEDROOM | CASH ONLY Unlock the potential at 512 w 5th, Monroe! This 2-bedroom, 1-bath is located in a desirable neighborhood and offers an incredible opportunity for investors, renovators, flippers, or buyers looking to create a home tailored to their vision. The property is currently in distressed condition and requires work, but the possibilities are great. The home features a open-style layout, two bedrooms, one full bathroom, a huge yard ( Fenced ) + Shed in back. --a major bonus for both homeowners and investors. Whether you're looking for your next renovation project, an investment property, or a home with the potential to build substantial equity, this property is ready for someone with vision to bring it back to life. With the right updates and improvements. Cash sale only. Property is being sold strictly AS-IS. Buyer to perform their own due diligence and verify all information, measurements, and property conditions. Seller will make no repairs. Bring your vision, and bring your offer--this is an opportunity you don't want to miss!
Southwest Monroe, located between the River Raisin and I-75, is a residential and industrial Monroe neighborhood with a riverfront edge and a grid of older streets. The neighborhood’s character concentrates around the Telegraph Rd (US-24) and I-75 interchange, where auto-oriented storefronts, diners, and service shops set a steady, working-day rhythm. Housing reads as modest mid-century ranches and older frame homes, with pockets of light industry and rail-adjacent blocks shaping the streetscape. River Raisin corridors and nearby parks add open sky and seasonal color. Local staples such as Public House Food + Drink, the River Raisin National Battlefield Park Visitor Center, and the Monroe County Historical Museum ground the area’s sense of place.
Provided by Walk Score and Local Logic
Offer insights
512 W 5th St · $69,900
$70.98K and above
75% chance or better to win
Why $70.98K+ is a strong offer
DAYS ON MARKET
36 days
The average home goes pending in 30 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Total of 3 rooms
Has basement
Bedrooms
Two bedrooms located on the second floor (approx. 15 x 12 and 10 x 12)
Bathrooms
One full bathroom (entry level, approx. 8 x 5)
Kitchen
Range/Oven
Refrigerator
Heating & cooling
Forced air heating
Exterior features
Paved street frontage
20 feet of frontage
Home design
2-story residential home
Originally built in 1873
Construction
Aluminum exterior
Michigan basement foundation
Utilities
Natural gas for heat
Public water
Electricity and solar
View estimated energy costs and solar savings for this home
INVESTOR SPECIAL | 2-BEDROOM | CASH ONLY Unlock the potential at 512 w 5th, Monroe! This 2-bedroom, 1-bath is located in a desirable neighborhood and offers an incredible opportunity for investors, renovators, flippers, or buyers looking to create a home tailored to their vision. The property is currently in distressed condition and requires work, but the possibilities are great. The home features a open-style layout, two bedrooms, one full bathroom, a huge yard ( Fenced ) + Shed in back. —a major bonus for both homeowners and investors. Whether you’re looking for your next renovation project, an investment property, or a home with the potential to build substantial equity, this property is ready for someone with vision to bring it back to life. With the right updates and improvements. Cash sale only. Property is being sold strictly AS-IS. Buyer to perform their own due diligence and verify all information, measurements, and property conditions. Seller will make no repairs. Bring your vision, and bring your offer—this is an opportunity you don’t want to miss!
Public Records
Mar 1, 1988
Sold
$22,500
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,242 (+4.4%)
2024
$1,189 (+4.8%)
2023
$1,135 (+4.3%)
2022
$1,088 (+3.5%)
2021
$1,051 (+7.4%)
2020
$979 (+5.5%)
2019
$928 (+2.9%)
2018
$901 (+2.1%)
2017
$883 (+2.5%)
2016
$861 (+2.1%)
2015
$843 (+1.9%)
2014
$827
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,350
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,350
Year built
1873
Style
Single Family Residential
County
Monroe County
APN
55 19 00457 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
4/10 Flood Factor
Estimated 18-26% 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 2422
Average low and high temperatures (°F)
29
16
35
20
53
33
61
42
67
49
81
62
85
66
79
60
76
54
66
44
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 512 W 5th St
$65,859
$4,041 under list price of $70K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $95K to $204K.