5 beds1,788 sqft$106/sqft
724 Laplaisance Road, Monroe, MI 48161
Est: $1,239/moGet pre-approved

Description

Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer...Investor opportunity with three occupied rental units generating $2,300/month! The property includes a two-story duplex with upper and lower units plus a separate one-bedroom home and detached two-car garage. Current rents are $900 lower, $800 upper and $600 for the one-bedroom home, totaling $27,600 annually. Tenants pay all utilities except water. Improvements include siding on the duplex in 2022 and one-bedroom home in 2016, sewer line repair in 2019, replacement windows and doors, and a newer garage door. Offered at $189,900, this is a great opportunity to add an established income-producing property to your portfolio. The duplex could also be easily converted to a single family home.
LISTING UPDATED: 08/12/2026 08:22 AM

  1. Listed by Charles Lemerand • Coldwell Banker Haynes R.E. in Monroe
    P: (734) 731-0317 C: (734) 731-0317 charleslemerand@gmail.com

Property Details for 724 Laplaisance Road

Status
MLS #
50218201
Days on Market
Listed Today
Taxes
$3,281 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1923
Lot Size
0.22 AC / 9,583 SF
Architectural Style
2 Story
Has Waterfront
No

Location

Listing Courtesy of Coldwell Banker Haynes R.E. in Monroe
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Building Information for 724 Laplaisance Road

Stories2Residences3Year Built1923Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$1,239 per month

30 year fixed, 6.55% Interest

Principal and Interest

$965

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 724 Laplaisance Road

Summary
Location and General Information
  • Carrier Route: C003
  • Cross Street: E 6th St
  • Directions: Property is on the corner of Laplaisance and Broadway.
  • Latitude: 41.90715
  • Longitude: -83.398359
  • MLS Area Major: Monroe (58026)
Taxes and HOA
  • Parcel Number: 55 39 00595 000
  • Tax Annual Amount: $3,281.00
  • Tax Year: 2025
School Information
  • High School District: Monroe
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Direction Faces: West
  • Frontage Length: 171.0
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 171x110x171
Property and Assessments
  • Above Grade Finished Area: 1788.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Finished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 1788.0
  • Living Area: 1788.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1923
Building Features
  • Foundation Details: Basement, Stone
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Range, Oven
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • 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: 3
Unit Information
Unit 1
  • Type: Unknown Data Share
Unit 2
  • Type: Unknown Data Share
Unit 3
  • Type: Unknown Data Share

Property History for 724 Laplaisance Road

DateEvent & SourcePriceAppreciation
Aug 12, 2026

Listed (Active)

MiRealSource #50218201

$189,900
Aug 12, 2026

Listed (Active)

Realcomp #57050218201

$189,900
Nov 10, 2012

Temporarily Off Market

Realcomp #57020016409

$79,000
DateEvent & SourcePrice
08/12/2026

Listed (Active)

MiRealSource #50218201

$189,900
08/12/2026

Listed (Active)

Realcomp #57050218201

$189,900
11/10/2012

Temporarily Off Market

Realcomp #57020016409

$79,000

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

Public Records for 724 Laplaisance Road

Taxable ValueLand$108,200Additions-Total$108,200
Tax Record2024$3,154 ($263 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,240 SqFtAbove Grade Finished SqFt2,240 SqFtStories2Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built1923ZoningR-1ACountyMONROEAPN55-39-00595-000

Schools near 724 Laplaisance Road

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

Monroe High School
Public8 to 12

Monroe Middle School
Public6 to 8

Orchard Center High School
Public6 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.

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724 Laplaisance Road is a multi-family home for sale in Monroe, MI 48161. This listing's school district is Monroe Public Schools. Nearby schools include Waterloo School, Monroe High School and Monroe Middle School. 724 Laplaisance Road is a 5-bed, 3-bath, 1,788 sqft multi-family home built in 1923.

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 Coldwell Banker Haynes R.E. in Monroe

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.