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Lenawee 49286
1251 E Monroe Road
$340,000
● House - Off Market

1251 E Monroe Road

Tecumseh, MI 49286
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,108 Ft²
$1,975
Est. Monthly
10.87%
Cap Rate

About This Property

Looking for peaceful country charm just minutes from town? This Tecumseh Township ranch sits on 1.52 acres with scenic views in every direction-from the rolling farm fields out back to the stunning memorial cemetery across the street. The walk-out lower level includes a fun bar area, perfect for entertaining. You'll love the convenience of the circle driveway and the bonus pole barn and workshop for your hobbies or storage needs. And yes-the chicken coop (and chickens!) can stay if you'd like! Main level living with flexible space in lower level. New roof in 2022! Country living with character and convenience on M-50. Enjoy the rich history of Downtown Tecumseh with the shopping disctrict, restaurants and farmers markets. So much to love here! Chickens are negoitable, but duck is staying with family. Welcome HOME!
Unit Size
2,108 Ft²
Days on Market
117 days
Land Size
1.52 acres
Price per sqft
$161
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (MichRIC MLS #25036489)

Price History

Date / Event Date Event Price
Mar 23, 2026 Sold
Premium
Sold
Nov 27, 2025 In contract -
In contract
Oct 27, 2025 Temporarily off market -
Temporarily off market
Oct 18, 2025 Price Decreased $340,000
↓ $8K (2.2%)
Price Decreased
Sep 16, 2025 Price Decreased $347,500
↓ $3K (0.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,454
  • Garage Type: 7
  • Garage Square Area: 1,448
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,560
  • Total Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,766
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001528
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PT OF THE W1/2 OF THE SW1/4 OF SEC 30 T5S R4E DES AS COMM AT A PT IN THE CNTRLI OF LA PLAISANCE BAY TURNPIKE AS IT EXISTED IN

Neighborhood

  • School District Name: Tecumseh Public Schools
  • School Tax School District: SCH: 46140
  • Census Tract: 062400

Geography

  • District: TE0
  • Parcel: TE0-130-3550-00
  • Meridian: SEC 30 TWN 05S RNG 04E
  • Municipality: TECUMSEH TWP
  • Latitude: 42.0085
  • Longitude: -84.0007

    Address

  • Full Address: 1251 E Monroe Rd
  • Address - House Number: 1251
  • Street Direction: E
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Tecumseh
  • Carrier Code: R001
  • 4-Digit Zip Code: 8728
  • Zip Code: 49286

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $190,299

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 75
  • Final Value: 292,308
  • High Value: 347,651
  • Low Value: 236,966

    Market Valuation

  • Market Total Value: $269,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 18, 2001
  • Previous Sale Contract Date: May 18, 2001
  • Previous Sale Amount: $185,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: TIMOTHY CREECH, Five Star Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 25036489
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1251 East Monroe Road built and last sold?
The property at 1251 East Monroe Road was built in 1952 and last sold on Oct 15, 2021 for $270,000.
How much is this home worth?
The estimated value of the home located at 1251 East Monroe Road is $343,227.
What are some comparable homes to 1251 East Monroe Road?
There are currently no comparable homes to 1251 East Monroe Road.
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