503 W 8th St, Monroe, MI, 48161
About This Home
Unit 1 of duplex for rent. 3 bedroom, 2 full bath, lots of closets and storage! Eat in kitchen, large living room, hardwood floors and full finished basement for additional living space with bonus room and full bath. Laundry hookups, central a/c, large yard, extra wide driveway with 2 car detached garage. Tenant is responsible for gas, electric, shared water, maintaining their side of the lawn and snow removal when necessary. Close to downtown, parks, shopping, etc.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1993
Materials
- Foundation: Basement
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex,Ranch
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Eat In Kitchen
- Flooring: Hardwood
- Finished area above ground: 1,127
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Separate Meters
- Cooling features: Ceiling Fans,Central Air
Interior Area
- Total interior livable area: 1,127 sqft
Property
Details
- Parcel number: 551900308000
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.37 Acres
- Lot size dimensions: 100 x 180
Parking
- Total spaces: 2
- Parking features: Two Car Garage,Assigned 2 Spaces,Garage
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Monroe County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9 | $108 |
| Home Insurance * | $1 | $12 |
| Property Taxes | $1 | $12 |
| Electricity | $188 | $2,259 |
| Total | $199 | $2,388 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $1,950 |
For Sale by Agent
View on Zillow