508 E 5th St #V, Monroe, MI 48161
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Property image
OFF MARKET

508 E 5th St #V
Monroe, MI 48161

  • 3 Beds
  • 2 Baths
  • 1,227 sqft (on 0.32 acres)

$124,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $836/mo*
Refinance Your Home

$124,800

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $836/mo*
Refinance Your Home
3 Beds
2 Baths
1,227 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 508 E 5th St #V.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1955
Lot Size
0.32 acres
Living Area
1,227 sqft
Price/Sqft
$102

About this House

Cozy, midcentury mod ranch sits on a double lot in the heart of downtown Monroe. Quiet street with plenty of outdoor space and enclosed sun porch in backyard for summer entertaining. The spotless interior has 3 bedrooms and solid plaster walls and ceilings. Newer roof, furnace and AC. All appliances stay. This low maintenance home is move in ready!
508 E 5th St #V, Monroe, MI 48161 is a 3 bedroom, 2 bathroom, 1,227 sqft single-family home built in 1955. It is currently off market. The Trulia Estimate is $124,800, with a rent estimate of $1,561/month.

Home Details for 508 E 5th St #V

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Additional StorageNumber of Rooms: 7Types of Rooms: Dining RoomStorage
Appliances & Utilities
DryerMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stone, Wood, Brick
Parking & Garage
Parking Space: 1Parking: Carport

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.32 acres

Price History for 508 E 5th St #V

DatePriceEventSource
06/15/2018$124,900ListingRemovedAgent Provided
05/09/2018$124,900PendingAgent Provided
05/01/2018$124,900Listed For SaleAgent Provided
11/21/2015$110,000ListingRemovedAgent Provided
10/03/2015$110,000PendingAgent Provided
07/18/2015$110,000Listed For SaleAgent Provided

Market trends in Monroe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$226K
$16.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$158
$8MoM
Available listings
132
15MoM
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Property Tax and Assessment

Year2015
Tax$209
Assessment$5,350
Home facts updated by county records

Comparable Sales for 508 E 5th St #V

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
426 E 4th St, Monroe, MI
0.09
Single-Family Home
$50,000
10/28/25
3
2
2,064
527 E 5th St, Monroe, MI
0.02
Single-Family Home
$195,900
04/13/26
3
2.5
1,287
405 E 5th St, Monroe, MI
0.11
Single-Family Home
$125,000
02/25/26
3
1.5
1,515
317 E 5th St, Monroe, MI
0.15
Single-Family Home
$201,000
06/18/26
3
1
1,424
630 E 2nd St, Monroe, MI
0.21
Single-Family Home
$100,000
12/08/25
3
2
2,216
818 E 2nd St, Monroe, MI
0.28
Single-Family Home
$50,000
05/13/26
3
2
1,537
218 Scott St, Monroe, MI
0.28
Single-Family Home
$269,000
05/04/26
3
2
1,649
526 E 2nd St, Monroe, MI
0.20
Single-Family Home
$178,000
03/17/26
3
2.5
2,086
720 E 2nd St, Monroe, MI
0.24
Single-Family Home
$89,600
01/16/26
3
1
1,279
428 E 3rd St, Monroe, MI
0.15
Single-Family Home
$235,000
07/13/26
3
2
1,944

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 508 E 5th St #V.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • J Navarre
    "We have a wonderful Farmers Market, Library System, Biking and walking trails, great parks with free summer concerts. Small town vibes. Friendly people. "
    0
    Flag
  • J Navarre
    "Private subdivision. Mostly working professionals and retired community. A few bad apples. We have a group of neighbors that meet in the driveway for an evening glass of wine. "
    0
    Flag
  • J Navarre
    "I live in a condominium community. Quiet street and some sidewalks. People enjoy walking, biking and dog walking. "
    0
    Flag
  • Trulia User
    "the two main roads telegraph and monroe Street are always laden with construction and I75 always has an accident forcing traffic onto those two streets from the highway, so expect anywhere in monroe to take you 15-25 minutes to get there on a good day"
    1
    Flag
  • Trulia User
    "It’s a condo. No fenced area. Dog must be leashed at all times. No sidewalks available. All walking in the street. "
    1
    Flag
  • Trulia User
    "Quiet, clean, friendly neighborhood. People respect one another and care about their neighbors. I really like it here. I hope others will too."
    0
    Flag
  • Trulia User
    "We have concerts at the park every summer that are all free to attend for everyone, there’s music of all genres to enjoy."
    3
    Flag
  • Susie Q
    "We participate in downtown Monroe events. The music in the park, art, the parades, Christmas tree lighting, the restaurants. You can also spend a day or two walking around reading all the info about Monroe’s history, as well. Talking a stroll by the water...visiting the many parks and many churches to visit of different denominations, too. "
    4
    Flag
  • Paityn S.
    "Great neighbor hood, everyone’s very friendly. Very peaceful, and has beautiful views. I’ve lived here since i was born, and definitely plan on raising my family in or near this area. Very homey. "
    0
    Flag
  • Susie R.
    "I am five minutes or less from downtown, water ways, restaurants and shopping. Love this area. There is a dog park coming soon and until then plenty of places to walk your dog. "
    2
    Flag
  • Katie.focht10
    "There are trails for walking dogs. There is no dog park though. They are talking about doing one though. "
    2
    Flag
  • Joshd76ortiz
    "Great town to raise a family! Have all the resources , utilities, restaurants, shopping centers! Great public schools and private. Just a great place to live!"
    2
    Flag
  • Jayson P.
    "Long flat and featureless. Easy to forget which direction you’re driving on any of Michigan’s commonly cloudy days"
    0
    Flag
  • S.kay1
    "I lived in the neighborhood for 26 years. The residents are neighborly working class, professionals or retirees. I love the spacious property with beautiful mature trees and clean air. Quiet yet close to town, restaurants and a variety of stores. "
    0
    Flag
  • Monica K.
    "dog owners do not pick up after there dogs, but it is a kid friendly place to live. the beach is nice and very well maintenanced. most of everyone keeps up on there landscaping. it's very close to the schools and stores along with expressways"
    0
    Flag
  • Remillard616
    "They should have sidewalks on Telegraph. to use to walk and ride bike safely. not on a muddy path. "
    0
    Flag
  • Whykorey
    "Shoot outs all the time! 3 in the last 2 weeks! Hate this area! Worst place to Live in Monroe! Do not live here!"
    14
    Flag
  • Monroe G.
    "My area is so convenient to everything. Neighborhood store, police, hospital, medical facilities and fire department. Local transportation in front of house. Quick access to stores, schools, churches, downtown, concerts and all highways. It is an amazing area to live with a very small turnover of residents. "
    3
    Flag
  • Mary M.
    "great area for pet owners. plenty of walking trails and public parks to visit within walking distance."
    2
    Flag
  • Mary M.
    "I hope more people see the little gem that Monroe really is. If you take time to talk to your neighbor it's amazing what connections you can make "
    1
    Flag
  • Luke T.
    "This is a great neighborhood to live in. The people are friendly and the town is just the right size. There is a lot of potential here. Monroe is just close enough to all of the big cities, but far enough away to avoid the traffic and chaos. "
    2
    Flag
  • Ebony M. M.
    "Some people do not pick up after their dog!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Some allow dog to relieve themselves on neighbors lawn"
    0
    Flag
  • Firstclassdivaflyer
    "I grew up here since '72. When the street lights come on...be home, at least in your own yard. Adults; this is a safe neighborhood. Talk to your neighbors/socialize. "
    0
    Flag
  • Monroe G.
    "I see people out walking dogs regularly. The dogs seem very friendly as do their owners. The owners pick up after their dogs... many dogs stop by. "
    4
    Flag
  • Joseph P.
    "Not a place to walk Dogs busy roads not many sidewalks more of a rural area there are several parks nearby though "
    0
    Flag
  • Nf123075
    "I've lived in this neighborhood for almost a year, the people are great. I love to walk my dog and go to the beach. everyone is willing to pitch in, the people make the community "
    0
    Flag
  • Krysty H.
    "beware of anything on 5th street. the closer to the higher number streets the better (like 8,9, 10th) besides smith street, most of smith street is terrible."
    0
    Flag
  • Monroe Guy
    "Great location for families with great schools... minutes from Toledo, Ann Arbor, and Detroit as well as Windsor, CA. Multitude of museums, zoos, galleries and family friendly restaurants."
    0
    Flag
  • Nikki L.
    "All of my neighbors look out for each other. We have eachothers backs without being too nosey. Most of us have surveillance cameras setup around the outside of our homes so it would be incredibly difficult for a crime to happen and no one notice it. Its a very secure and safe feeling."
    9
    Flag
  • nf123075
    "I wish I knew, I just moved here. I know there is an Easter egg hunt every year and most of the people are great all the time"
    0
    Flag
  • Brandi K.
    "We have Community yard sales, and also the Fire works that are located next door to my neighborhood at Sterling State Park. Wonderful beach access as well. "
    0
    Flag
  • Kingthomas
    "Everyone watches out for each other’s house. Most of the people get along here. I grew up here and all my kids did too. "
    3
    Flag
  • Bree_brancheau
    "it's close to stores and Restaurants. It's very laid back and relaxed area. close to parks and beaches. "
    1
    Flag
  • Carrie O.
    "Great family area. Many parks within walking distance. Friendly neighborhood. Shopping and restaurant within quarter of a mile. Centrally located in Monroe, close to everything: hospital, health clubs, churches, etc."
    3
    Flag
  • Jim I.
    "This neighborhood is mixed with retirees, working people and families. It is a safe neighborhood and everyone looks out for their neighbors. Walk to the river (1 block away), walk to the Post Office or downtown (3 or 4 blocks away). A great place to live."
    4
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

26 pet-friendly rentals in Monroe, MI

Explore by feature - Garage

6 rentals with a garage in Monroe, MI

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Explore by feature - Pool

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Homes for sale near 508 E 5th St #V

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Off Market Homes Near 508 E 5th St #V

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Frequently asked questions about 508 E 5th St #V

  • What is 508 E 5th St #V estimated to be worth?
    Trulia's estimated value for 508 E 5th St #V in Monroe, MI is $124,800.
  • 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 $226K. That is up $16.83K 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.
  • Does 508 E 5th St #V have air conditioning?
    Yes, 508 E 5th St #V in Monroe, MI has air conditioning.
  • How big is the lot at 508 E 5th St #V?
    The lot at 508 E 5th St #V in Monroe, MI is about 0.32 acres (13,939 sq ft).