- 1 Bed
- 1 Bath
- 650 sqft
509 E Lorain St #1, Monroe, MI 48162
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.00 | Apartment | $230,000 | 03/03/26 | 2 | 1 | 1,100 | |
1.19 | Apartment | $200,000 | 11/12/25 | 1 | 1 | 500 | |
0.94 | Apartment | $140,000 | 02/06/26 | 3 | 2 | 1,400 | |
1.20 | Multi-Family Home | $232,500 | 05/08/26 | 3 | 1 | 1,104 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
0.02 | $138,900 | 3 | 1 | 1,144 | For Sale | |
0.02 | $184,900 | 4 | 1.5 | 1,560 | Recently Sold | |
0.06 | $230,000 | 3 | 1.5 | 1,559 | Recently Sold | |
0.08 | $200,500 | 4 | 2 | 1,738 | Off Market | |
0.09 | $197,400 | 3 | 1.5 | 1,356 | Off Market | |
0.04 | $213,700 | 4 | 1 | 1,530 | Off Market | |
0.10 | $183,000 | 3 | 1 | 1,148 | Off Market | |
0.06 | $210,000 | 4 | 1 | 1,740 | Recently Sold | |
0.11 | $209,700 | 3 | 1.5 | 1,320 | Off Market | |
0.06 | $150,500 | 3 | 1 | 1,248 | Off Market | |
0.11 | $174,300 | 3 | 1.5 | 952 | Off Market | |
0.11 | $220,800 | 3 | 2 | 1,391 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Living Area
650 sqft
Parking
None
About this House
This apartment is located at 509 E Lorain St #1, Monroe, MI. 509 E Lorain St #1 is in Monroe, MI and in ZIP code 48162. This property has 1 bedroom, 1 bathroom and approximately 650 sqft of floor space.
509 E Lorain St #1, Monroe, MI 48162 is a 1 bedroom, 1 bathroom, 650 sqft apartment. More recently, it was listed as a rental in August 2023 with an asking price of $900 per month. That rental listing was removed on October 6, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $703/month.
Home Details for 509 E Lorain St #1
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Property Type / Style Property Type: Apartment |
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Parking & Garage Parking: None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 6, 2023 Source: Zillow Rentals | ListingRemoved | |
Aug 26, 2023 Source: Zillow Rentals | Listed For Rent | $900 |
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 509 E Lorain St #1
- 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.
- What are the closest schools to 509 E Lorain St #1?The closest schools to 509 E Lorain St #1 in Monroe, MI are Arborwood Elementary School (Pre-K, rated 3/10), Monroe High School (Middle), Monroe Middle School (rated 6/10).

