$184,900
Monroe, MI 48162
MLS# 26016112
4 beds | 2 baths | 1248 sqft
1 / 22
Open House (04/19/2026 - 1:00 pm - 3:00 pm)
Property Description
Welcome to 503 Arbor Ave., a charming and move-in ready home perfect for first-time buyers or growing families. This inviting property offers a comfortable layout with bright living spaces, an updated feel, and room to make it your own. Nestled in a quiet neighborhood, you'll enjoy convenient access to schools, parks, shopping, and major routes for an easy daily commute. Whether you're starting out or need a place to grow your family, this property offers both value, lifestyle, and beautiful updates. Affordable, welcoming, and full of potential, this is an opportunity you won't want to miss in Monroe.
Details
Maps
Location & Property Info
Cross Streets: Monroe/Arbor
Property Sub-Type: Single Family Residence
Municipality: Monroe City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 148.16
General Property Info
New Construction: No
Lot Dimensions: 55.2x55.2
Road Frontage: 110
Garage Y/N: Yes
Garage Spaces: 1
Waterfront: No
Income Property: No
Basement: Yes
Total Rooms AG: 9
Total Fin SqFt All Levels: 1560
SqFt Above Grade: 1248
Below Grade Finished SqFt: 290
Below Grade Unfinished SqFt: 400
Building Total SqFt: 1248
Total Beds Above Grade: 4
Main Level Primary: No
Stories: 2
School District: Monroe
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 3049
Year Built: 1918
Total Bedrooms: 4
Full Baths: 1
Half Baths: 1
Total Baths: 2
Tax Info
Taxable Value: 77500
SEV: 77500
For Tax Year: 2025
Seller's Annual Property Tax: 3381
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Tax ID #: 55-59-01319-000
Remarks & Misc
Public Remarks: Welcome to 503 Arbor Ave., a charming and move-in ready home perfect for first-time buyers or growing families. This inviting property offers a comfortable layout with bright living spaces, an updated feel, and room to make it your own. Nestled in a quiet neighborhood, you'll enjoy convenient access to schools, parks, shopping, and major routes for an easy daily commute. Whether you're starting out or need a place to grow your family, this property offers both value, lifestyle, and beautiful updates. Affordable, welcoming, and full of potential, this is an opportunity you won't want to miss in Monroe.
Legal: RIVERVIEW SUBDIVISION N 24.15 FT OF E 80 FT OF LOT 137 AND S 12.1 FT OF E 80 FT OF LOT 138
Lot Description
Corner Lot: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Laundry Features
Laundry Room: 1
Exterior Material
Wood Siding: 1
Parking Features
Attached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 4
Upper Full Baths: 1
Upper Level Square Feet: 645
Total Baths Above Grade: 1
Main Rooms
Main Level SQFT: 645
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Half Baths: 1
Basement Finished SQFT: 0
Total Basement SQFT: 0
Substructure
Full: 1
Additional Items
Basement Partially Finished: 1
Garage Door Opener: 1
Water Heater
Natural Gas: 1
Architectural Style
Colonial: 1
Possession
Close Plus 30 Days: 1
Location Property Info
County: Monroe
Street #: 503
Street Name: Arbor
Suffix: Avenue
State: MI
Zip Code: 48162
Zip (4): 2911
OfficeContract Info
Status: Active
List Price: $184,900
Current Price: $184,900
Listing Date: 2026-04-17
Property Features
Laundry Features: Laundry Room
Exterior Material: Wood Siding
Substructure: Full
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public
Additional Items: Basement Partially Finished; Garage Door Opener
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Water Heater: Natural Gas
Parking Features: Attached
Architectural Style: Colonial
Terms Available: Cash; Conventional; FHA
Possession: Close Plus 30 Days
Sale Conditions: None
Listing Office: Baker Cowan Group LLC
Listing Agent: Brian Cowan
Last Updated: April - 18 - 2026
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