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725 Washington St
Monroe, MI 48161 Downtown Monroe

$5,200,000 USD

Apartments For Sale • 111,000 SF

Property Details

Property Type Apartments
Total Building Size 111,000 SF
Lot Size 2.55 AC
Building Class C
Year Built 1970
Zoning R-1A

60 Walk Score

                
                    Highlights
                
                                Located just 0.5 miles from Downtown Monroe with easy access to shopping, dining, and entertainment.
                            
                                Recently updated in 2025, minimizing immediate capital needs for new ownership.
                            
                                Strong unit mix of 42 one-bedroom and 18 two-bedroom apartments appealing to diverse renters.
                            
                                Positioned on a 2.55-acre site with RM zoning for medium-density residential use.
                            
                                Conveniently situated 20 minutes from Toledo and 45 minutes from Ann Arbor and Detroit.
                            
                                In-place NOI of $359,226 with strong occupancy and consistent rental income.

Property Flyers

Marketing Brochure/Flyer

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Disposal
Laundry Facilities
Microwave
Tenant Controlled HVAC
Heating
Smoke Free
Refrigerator
Range
Walk-In Closets
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Detroit Metro Wayne County	38 min	-	25.3 mi
Eugene F Kranz Toledo Express	61 min	-	39.5 mi
Windsor International	69 min	-	46.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	70
Type:	Surface
Included in Rent:	Yes

Stewart Beal 734-602-5700 Beal Real Estate LLC

725 Washington St Monroe, MI 48161 Downtown Monroe