261 South Main Street

Beds
2,078 Sq. Ft.
$154 / Sq. Ft.
2,078
Sq. Ft.
$154
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.
  1. Listed by Joseph Petzold • Wessel Realty
    P: (586)-623-2445 C: (586)-623-2445 petzoldjoe@gmail.com

Property Details for 261 South Main Street

Architectural Style
2 Story
Subdivision Name
A/P # 08 Romeo/Wash
Has Waterfront
No
Zoning Description
Office, Residential
LISTING CLOSED: 01/15/2026 12:00 AM

Property Details for 261 South Main Street

StatusClosed
MLS #60936006
Days on Market112
Taxes$9,106 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.51 AC / 22,215 SF
CountyMacomb County

Location

Listing Courtesy of Wessel Realty

Sold By Century 21 Professionals

Add your commute

Building Information for 261 South Main Street

Stories2Residences4Year Built1920Building Size-Lot Size0.51 AC / 22,215 SF

Payment Calculator

$2,358 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,600

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

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 Record2024$6,936 ($578 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,078 SqFtAbove Grade Finished SqFt2,078 SqFtStories2Lot Size22,259 SqFtStyleSingle Family ResidenceYear Built1920ZoningVILLAGECountyMACOMBAPN28-04-02-136-016

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

Nearby off-market homes

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.