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About this home
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.
Multi-familyProperty Type
0.5 acresLot Size
$119Price/Sq.Ft.
5 car garageParking
Listed by Jennifer MacLeod• Wiens And Roth Real Estate - Lambertville
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.
Year
Property tax
Land + Additions
Assessment*
2025
$4,947 (+27.9%)
2024
$3,869 (+5.1%)
2023
$3,681 (−7.0%)
2022
$3,958 (−6.5%)
2021
$4,233 (+1.4%)
2020
$4,174 (+407.1%)
2019
$823 (−74.4%)
2018
$3,212 (+2.3%)
2017
$3,140 (+0.8%)
2016
$3,114 (+2.3%)
2015
$3,044 (−1.1%)
2014
$3,079
Public record
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Finished Sq. Ft.
2,530
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,530
Year built
—
Style
Single Family Residential
County
Monroe County
APN
12 220 038 00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 26, 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
3/10 Heat Factor
7 days above 102° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Monroe, MI • 48161
Average low and high temperatures (°F)
29
16
35
20
53
33
61
42
67
49
81
62
84
66
80
61
76
55
66
44
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3042 S Custer Rd
$285,916
$14K under list price of $300K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $470K.