Sold
Last Sold Price
2,078 sqft$154/sqft
261 South Main Street, Romeo, MI 48065
Multi FamilyProperty Type
0.51 acresLot Size
1920Year Built
$154/sq ftPrice per sq ft

Description

Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term...Located in the vibrant and charming downtown Village of Romeo, Michigan, this rare 4-unit multi-family property offers a perfect blend of a convenient lifestyle and the perfect investment opportunity. Each of the four well-maintained units features a one-bedroom, one-bathroom layout designed for comfortable, efficient living with a new roof in 2024 offering additional peace of mind. Interior pictures show a once booming Airbnb, currently three units are occupied and the fourth has great long term rental appeal or potential for an Airbnb. Situated on a spacious half-acre lot, there's plenty of room to enjoy and relax. A bonus: the detached garage in the backyard is also rented, adding another stream of passive income. Just steps from Romeo's shops, local dining, and year-round events, this property offers an authentic small-town atmosphere with all the modern conveniences. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility to suit your investment goals. Each unit has its own separate electrical meter for simplified management.
  • Listed by: Joseph Petzold 586.623.2445 petzoldjoe@gmail.com • Wessel Realty
Listing closed: 01/15/2026 12:00 AM • Source: MiRealSource, MLS#: 60936006

Recent comparable sales

Median sold price

$315,000

Avg days on market

34

Sale-to-list ratio

91.1%

Romeo, MI

9 comparable properties found

$340,000 | 219 South Main Street, Romeo, MI 48065
1/24
1

$340,000

Sold 10/06/25

Unavailable
Bedrooms
2,371
Square Feet
0.22
Acres
2

$315,000

Sold 04/13/26

Unavailable
Bedrooms
3
Bathrooms
1,964
Square Feet
0.13
Acres
$295,000 | 155 Dickenson Street, Romeo, MI 48065
1/27
3

$295,000

Sold 07/13/26

Unavailable
Bedrooms
1,912
Square Feet
0.31
Acres
$358,000 | 224 Chandler Street, Romeo, MI 48065
1/29
4

$358,000

Sold 07/09/26

4
Bedrooms
2,366
Square Feet
0.18
Acres
5

$250,000

Sold 11/01/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,776
Square Feet
0.26
Acres
6

$300,000

Sold 04/01/25

4
Bedrooms
3.5
Bathrooms
2,113
Square Feet
0.82
Acres
7

$500,000

Sold 10/03/25

Unavailable
Bedrooms
3
Bathrooms
2,723
Square Feet
0.35
Acres
$344,000 | 327 Mae Court, Romeo, MI 48065
1/20
8

$344,000

Sold 02/26/26

3
Bedrooms
2,028
Square Feet
Unavailable
Acres
9

$280,000

Sold 09/27/24

4
Bedrooms
3
Bathrooms
2,008
Square Feet
1.01
Acres

Location

Listing Courtesy of Wessel Realty

Sold By Century 21 Professionals

Add your commute

Payment Calculator

$2,390 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,632

Property Taxes

$759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 261 South Main Street

Property Details
  • Taxes: $9,106 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Subdivision Name: A/P # 08 Romeo/Wash
  • Has Waterfront: No
  • Zoning Description: Office, Residential
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1920
  • Lot Size: 0.51 AC / 22,215 SF
Summary
Location and General Information
  • Cross Street: 32 Mile Road & S Main Str
  • Directions: M-53 To 32 Mile West To Main St South Located On East Side
  • Latitude: 42.798083
  • Longitude: -83.013089
  • MLS Area Major: Romeo (50000)
  • Senior Community: No
Taxes and HOA
  • Parcel Number: 0402136016
  • Tax Annual Amount: $9,106.00
  • Tax Assessed Value: 155900
School Information
  • High School District: Romeo
Parking
  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Assigned, Garage
  • Parking Total: 4.0
Property
Lot Information
  • Direction Faces: East
  • Frontage Length: 55.0
  • Lot Size Acres: 0.51
  • Lot Size Units: Acres
  • Lot Size Dimensions: 55X404
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2078.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 2078.0
  • Living Area: 2078.0
  • Living Area Source: Public Records
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1920
Building Features
  • Construction Materials: Wood Siding
  • Foundation Details: Michigan Basement
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Porch
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Unfinished
  • Has Basement: No
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $42,600

Property History for 261 South Main Street

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Sold (Public Record)

Public Record #1926681576

$321,000

-4.5% / yr

Jan 15, 2026

Sold

MiRealSource #60936006

$321,000
Jan 15, 2026

Sold

Realcomp #20251035468

$321,000
DateEvent & SourcePrice
01/15/2026

Sold (Public Record)

Public Record #1926681576

$321,000

-4.5% / yr

01/15/2026

Sold

MiRealSource #60936006

$321,000
01/15/2026

Sold

Realcomp #20251035468

$321,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 261 South Main Street

Taxable ValueLand-Additions-Total-
Tax Record2025$6,798 ($566 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,078 SqFtAbove Grade Finished SqFt2,078 SqFtUnfinished Basement SqFt1,604 SqFtStories2Lot Size22,259 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1920ZoningVILLAGECountyMACOMBAPN28-04-02-136-016

Schools near 261 South Main Street

This home is within Romeo Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 9 to 12
Public - PK to 12
Private - K to 12
Rating
School
Distance
Hevel Elementary
PublicK to 5

Romeo High School
Public9 to 12

Romeo Engineering Technology Center
PublicPK to 12

Romeo Country School
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 48065

$490,000 | 12657 Boardwalk Drive, Romeo, MI 48065
1/26

$490,000

3
Bedrooms
3,131
Square Feet
0.53
Acres
$299,900 | 493 Harvard Drive, Romeo, MI 48065
1/36
Accepting Backup Offers

$299,900

3
Bedrooms
2,204
Square Feet
$399,000 | 76107 Van Dyke Road, Romeo, MI 48065
1/32

$399,000

3
Bedrooms
1,253
Square Feet
1.51
Acres
$1,190,000 | 7330 West Gates Street, Romeo, MI 48065
1/73

$1,190,000

4
Bedrooms
4,250
Square Feet
10.01
Acres
$525,000 | 12211 Mentz Drive, Romeo, MI 48065
1/57

$525,000

4
Bedrooms
3,294
Square Feet
0.38
Acres
$400,000 | 71320 Dequindre Road, Romeo, MI 48065
1/27

$400,000

3
Bedrooms
1,570
Square Feet
3.01
Acres
$989,700 | 8267 Sandi Lane, Romeo, MI 48065
1/46
New Construction

$989,700

4
Bedrooms
2,710
Square Feet
2.23
Acres
$314,900 | 492 Harvard Drive, Unit 84, Romeo, MI 48065
1/30

$314,900

3
Bedrooms
2,304
Square Feet
$695,000 | 72221 Fisher Road, Romeo, MI 48065
1/40
New Construction

$695,000

4
Bedrooms
2,734
Square Feet
2.07
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 261 South Main Street, Romeo, MI 48065
$321,000
2,078
22,215
$120,000
2,400
40,162
$205,000
4
1,758
17,859
$775,000
3,493
19,994
1
1,026
12,415

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wessel Realty

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.