Charming country living with incredible income potential! This unique 3-bedroom, 1-bathroom home sits on just over 3 rolling acres in Elwell, offering the perfect blend of private, rural space and functional features. The acreage is a nature lover's dream, featuring a serene pond, a dedicated garden shed, and beautiful flowering trees and bushes that burst with color in the spring. Storage and workspace are abundant thanks to the large pole barn, perfect for housing equipment, tools, or outdoor toys. Adding massive value to this property are two single-wide trailers located on-site. While they need some TLC, both have a proven history as successful rental units, making this a rare opportunity for an investor or a homeowner looking to offset their mortgage with passive income. Whether you are looking for a homestead with room to grow or a multi-unit investment project, this Elwell property is packed with possibilities.
Charming country living with incredible income potential! This unique 3-bedroom, 1-bathroom home sits on just over 3 rolling acres in Elwell, offering the perfect blend of private, rural space and functional features. The acreage is a nature lover's dream, featuring a serene pond, a dedicated garden shed, and beautiful flowering trees and bushes that burst with color in the spring. Storage and workspace are abundant thanks to the large pole barn, perfect for housing equipment, tools, or outdoor toys. Adding massive value to this property are two single-wide trailers located on-site. While they need some TLC, both have a proven history as successful rental units, making this a rare opportunity for an investor or a homeowner looking to offset their mortgage with passive income. Whether you are looking for a homestead with room to grow or a multi-unit investment project, this Elwell property is packed with possibilities.
MiRealSource-MiMLS #80072914
Sep 20, 2026
Price Changed
$195,000
$73/sq ft
Aug 27, 2026
Listed
$205,000
$77/sq ft
MiRealSource-MiMLS #70502632
Apr 30, 2026
Listing Removed
—
Oct 30, 2025
Listed
$209,000
$78/sq ft
REALCOMP #72025055987
Apr 30, 2026
Listing Removed
—
Oct 30, 2025
Listed
$209,000
$78/sq ft
MiRealSource-MiMLS #1190699
Nov 13, 2019
Sold
$130,000
$49/sq ft
May 29, 2019
Listed
$138,000
$52/sq ft
REALCOMP #79001190699
Nov 13, 2019
Sold
$130,000
$49/sq ft
May 29, 2019
Listed
$138,000
$52/sq ft
MiRealSource-MiMLS #1183718
Feb 6, 2019
Listing Removed
—
Aug 6, 2018
Listed
$138,000
$52/sq ft
REALCOMP #79001183718
Feb 6, 2019
Listing Removed
—
Aug 6, 2018
Listed
$138,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2003
$850
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
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Lot size
1.06 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Gratiot County
APN
13-021-013-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Elwell, MI • 48832
Average low and high temperatures (°F)
27
14
32
18
49
28
59
38
66
46
79
58
84
63
80
58
75
51
65
42
47
34
33
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9526 W Monroe
$192,675
$2,325 under list price of $195K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $118K to $264K.