Active
5 beds2,530 sqft$119/sqft
3042 South Custer Road, Monroe, MI 48161
Est: $1,937/moGet pre-approved
Multi FamilyProperty Type
0.5 acresLot Size
$119/sq ftPrice per sq ft
5 carsParking Spaces

Description

Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. Units are available for showings with 48 hr notice. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric...Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. Units are available for showings with 48 hr notice. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside.
49 days on Market
  • Listed by: Jennifer MacLeod 419.344.7132 123Soldbyjen@gmail.com • Wiens And Roth Real Estate - Lambertville
Last updated: 08/28/2026 11:37 AM • Source: MiRealSource, MLS#: 50214766

Location

Listing Courtesy of Wiens And Roth Real Estate - Lambertville
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Payment Calculator

$1,937 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$412

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3042 South Custer Road

Property Details
  • Taxes: $4,943 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Waterfront Features: River Front
  • Has Waterfront: Yes
Building Information
  • Stories: 2
  • Residences: 4
  • Lot Size: 0.50 AC / 21,780 SF
Summary
Location and General Information
  • Carrier Route: R027
  • Cross Street: S. Raisinville
  • Directions: West on Custer north side of the road
  • Latitude: 41.927086
  • Longitude: -83.449903
  • MLS Area Major: Monroe Twp (58012)
Taxes and HOA
  • Parcel Number: 12-220-038-00
  • Tax Annual Amount: $4,943.00
School Information
  • High School District: Monroe
Parking
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Frontage Length: 65.0
  • Lot Size Acres: 0.5
  • Lot Size Dimensions: 65x383
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2530.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Finished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 2530.0
  • Living Area: 2530.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 9999
Building Features
  • Foundation Details: Basement
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Unit Information
Unit 1
  • Actual Rent: $950.00
  • Type: Unknown Data Share
Unit 2
  • Actual Rent: $875.00
  • Type: Unknown Data Share
Unit 3
  • Actual Rent: $875.00
  • Type: Unknown Data Share
Unit 4
  • Actual Rent: $595.00
  • Type: Unknown Data Share

Property History for 3042 South Custer Road

DateEvent & SourcePriceAppreciation
Aug 19, 2026

Price Change

Realcomp #57050214766

$299,999
Aug 19, 2026

Price Change

MiRealSource #50214766

$299,999
Jul 14, 2026

Listed (Active)

Realcomp #57050214766

$310,000
DateEvent & SourcePrice
08/19/2026

Price Change

Realcomp #57050214766

$299,999
08/19/2026

Price Change

MiRealSource #50214766

$299,999
07/14/2026

Listed (Active)

Realcomp #57050214766

$310,000

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

Public Records for 3042 South Custer Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,143 ($95 / month)
Home Facts
Beds5Baths4Total Finished SqFt2,366 SqFtAbove Grade Finished SqFt2,366 SqFtLot Size21,780 SqFtStyleSingle Family ResidenceCountyMONROEAPN12-220-038-00

Schools near 3042 South Custer Road

This home is within Monroe Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 8 to 12
Public - PK to 6
Public - 6 to 8
Rating
School
Distance
Waterloo School
PublicPK to 6

Monroe High School
Public8 to 12

Manor Elementary School
PublicPK to 6

Monroe Middle School
Public6 to 8

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

3042 South Custer Road is a multi-family home for sale in Monroe, MI 48161. This property was listed for sale on July 14, 2026 by Wiens And Roth Real Estate - Lambertville, it's currently listed at $299,999. It has been on the market for a total of 49 days and was last sold on January 25, 2022. This listing's school district is Monroe Public Schools. Nearby schools include Waterloo School, Monroe High School and Manor Elementary School. 3042 South Custer Road is a 5-bed, 4-bath, 2,530 sqft multi-family home.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Wiens And Roth Real Estate - Lambertville

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