1225 E 3rd St
Monroe, MI 48161
- Studio
Studio
Home Value
Trulia Estimate
$148KSince last month
Decreased$32K (-17.9%)Since last year
Increased$13K (+9.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -32% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $148K |
| July 2026 | $180K |
| June 2026 | $174K |
| May 2026 | $164K |
| April 2026 | $151K |
| March 2026 | $125K |
| February 2026 | $130K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $145,000 | 01/30/26 | 3 | 2.5 | 1,272 | |
0.31 | Multi-Family Home | $725,000 | 07/24/26 | 17 | 17 | 7,066 | |
0.35 | Multi-Family Home | $102,632 | 07/23/26 | 4 | 3 | 2,018 | |
0.42 | Multi-Family Home | $145,400 | 06/12/26 | 4 | 2 | 1,526 | |
0.42 | Multi-Family Home | $140,000 | 08/07/26 | 4 | 2 | 1,340 | |
0.46 | Multi-Family Home | $700,000 | 03/12/26 | 18 | 11 | 6,500 | |
0.71 | Multi-Family Home | $196,000 | 04/02/26 | 6 | 2 | 2,216 | |
0.76 | Multi-Family Home | $100,111 | 10/31/25 | 3 | 2 | 1,616 | |
0.90 | Multi-Family Home | $285,000 | 08/26/25 | 4 | 4 | 3,540 | |
0.90 | Multi-Family Home | $260,000 | 02/06/26 | 5 | 2 | 2,956 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $181,700 | 4 | 2 | 1,408 | Off Market | |
0.11 | $45,000 | 5 | 2 | 1,857 | Recently Sold | |
0.11 | - | 2 | 1 | 861 | Off Market | |
0.10 | $144,700 | 5 | 2 | 1,503 | Off Market | |
0.15 | $9,800 | - | - | - | For Sale | |
0.10 | $37,900 | 4 | 1.5 | 1,476 | Off Market | |
0.16 | $148,700 | 6 | 2.5 | 1,638 | Off Market | |
0.16 | $92,900 | 2 | 1 | 723 | Off Market | |
0.16 | - | 2 | 1 | 723 | Off Market | |
0.16 | $78,200 | 2 | 1 | 821 | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.19 | $90,000 | 3 | 1 | 913 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1976
About this House
NICE 8400 SQ FT BUILDING W/ FOUR 16' OVERHEAD DOORS. SECURITY FENCING AROUND SITE, LARGE OFFICE UPSTAIRS, 2 POSSIBLE ENTRANCES. BUILDING IS CURRENTLY LEASED FOR 1 YEAR W/ A 2ND YEAR OPTION. ALOT OF POSSIBLE USES. BUYER TO VERIFY ALL INFO. APPOINTMENT ONLY.<br/><br/>Brokered And Advertised By: REMERICA COUNTRY HOMES<br/>Listing Agent: BRIAN RUSSELL
1225 E 3rd St, Monroe, MI 48161 is a studio multi-family built in 1976. It is currently off market. The Trulia Estimate is $147,500, with a rent estimate of $1,099/month.
Home Details for 1225 E 3rd St
|
|---|
Year Built Year Built: 1976 |
Property Type / Style Property Type: Multi Family |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 9, 2010 Source: Agent Provided | ListingRemoved | $195,000 |
Nov 28, 2010 Source: Agent Provided | Listed For Sale | $195,000 |
Jul 24, 2010 Source: Agent Provided | ListingRemoved | $180,000 |
Jun 25, 2010 Source: Agent Provided | PriceChange | $180,000 Price decreased by 27% |
Dec 10, 2009 Source: Agent Provided | Listed For Sale | $245,000 |
Market trends in Monroe
Last updated July 2026
Avg. sale price
$223K
$3.85KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$156
$2MoM
Available listings
141
9MoM
Around this home
What Locals Say about Monroe
At least 247 Trulia users voted on each feature.
88 % Say car is needed
88 % Say yards are well-kept
86 % Say it's dog friendly
80 % Say parking is easy
78 % Say there's holiday spirit
73 % Say kids play outside
63 % Say there are sidewalks
62 % Say people would walk alone at night
54 % Say neighbors are friendly
54 % Say streets are well-lit
52 % Say there's wildlife
51 % Say it's quiet
51 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
47 % Say they plan to stay for at least 5 years
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1225 E 3rd St
- What is 1225 E 3rd St estimated to be worth?Trulia's estimated value for 1225 E 3rd St in Monroe, MI is $147,500.
- Is Monroe a buyer's or seller's market?Monroe is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Monroe?The median sale price in Monroe is $223K. That is down $3.85K from the prior month.
- What do residents say about Monroe?Residents describe Monroe, MI as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Monroe, MI.