632 Division Street Adrian, MI ^$ 139,900

632 Division Street

^$ 139,900

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Recently Listed

632 Division Street

Adrian, MI, 49221

^$ 139,900

Bedrooms4 Baths3.0 Sq 1,780

Monthly Estimate*

^$ 861

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Multi-Family Home for sale in Adrian, MI

for $139,900 with 4 bedrooms and 3 full baths. This 1,780 square foot home was built in 1900 on a lot size of 0.27.

Discover a lucrative investment opportunity with this 3-unit multi-family property located in the heart of Adrian. Generating a robust gross rental income of $2,250 per month, this property offers a steady cash flow while tenants cover their own electric bills, enhancing your profit margins. Ideal for seasoned investors or those looking to enter the rental market, this property combines convenience and financial potential in a desirable location. Don't miss your chance to secure this income-generating asset today. Furnace 1 year old.

Multi-Family Active

Price

^$ 139,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,823

Style

Farm House

Lot Size

0.27

Year Built

1900

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

50197905

Features

Interior

Interior Amenities Sump Pump Window Treatment(s)

Basement MI Basement

Beds 4

Fireplace? No

Total Number of Units 3

Bath Descriptions First Flr Bath Lav/Half Second Flr Bath Lav/Half

Dining/Kitchen Eat-In Kitchen Pantry

Fuel Type Natural Gas

General

Heating Forced Air

Cooling None

Possession Within 30 Days

Garage Detached Garage

Water Public Water

Appliances Range/Oven Refrigerator

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1900

Parking 3 or More Spaces Unassigned/General

Subdivision none MI

Style Farm House

County Lenawee

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Adrian

Zoning Multi-Family Residential

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Connected Natural Gas Connected Sewer Connected

Structure Style 2 Story

Area Adrian (46025)

Primary City Adrian

Location Main Street

Directions Take E Beecher St and go North on Division St. The home is on the west side of Division.

City Adrian

School District Adrian City School District

Financial Terms Cash Conventional FHA

Legal Description Lot 18 BLK 12 L G & A S BERRYS CONTINUATION OF SOUTHERN ADDITION

DOM 2

Postal Code 49221

Price Per Sq Ft Total AG 78.6

Public Remarks Discover a lucrative investment opportunity with this 3-unit multi-family property located in the heart of Adrian. Generating a robust gross rental income of $2 250 per month

Exterior

Exterior Aluminum

Exterior Amenities Fenced Yard Patio Porch Sidewalks Storms/Screens Street Lights

Frontage 72

Body of Water None

Lot Size Area 0.27

Lot Dimensions 181x72

Lot Description Deep Lot - 150+ Ft. Large Lot - 65+ Ft. Sidewalks

Water Features None

Roads City/County Curbed Paved Street Year Round

Waterfront Y/N No

* Excluded Features

List By

Adam Keller

Listing Agent

Foundation Realty, Llc

Broker

ckelleradam@yahoo.com

Affordability Calculator

$1,180

Per Month

Monthly Principal & Interest: $861
Monthly Property Taxes: $319
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Adrian, MI

Average List Price ^$261,560

Percent of Sale Price 87%

About Adrian, MI

20,445 Population

-8% Since 2002

^$35,556 Median Income

34.32 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1571698 Elementary School

1572106 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/20/2026	$139,900		Listed Price

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632 Division Street, Adrian, MI, 49221 is a Multi-Family Home for sale at $139,900 with 1,780 sqft and a lot size of 0.27. 632 Division Street has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 49221 which is in Adrian, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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632 Division Street

Multi-Family Home for sale in Adrian, MI

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