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632 Division Street Adrian, MI $ 139,900
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632 Division Street
$ 139,900
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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.

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Multi-Family Active

Price

$ 139,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,823

Style

Farmhouse

Lot Size

0.27

Year Built

1900

Town/City

Adrian

County/Region

Lenawee

MLS | Web ID

56050197905
Features
Interior
Interior Amenities EatInKitchen Pantry
Basement SumpPump
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Window Features WindowTreatments
Fireplace Y/N N
Above Grade Finished Area 1780.0
Total Bedrooms 4
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling None
Possession ClosePlus30Days
Appliances Oven Refrigerator Range
Garage Spaces 1.0
Patio/Porch Features Patio Porch
Architectural Style Farmhouse
Construction Materials AluminumSiding
Year Built 1900
Levels Two
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Lenawee
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Building Features Curbs Sidewalks
Other Structures Garages Workshop
Full Baths 3
Status Active
City AdrianCity_Lenawee
Body of Water None
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Adrian
Zoning Description MultiFamily Residential
Number Of Units Total 3
MLS Area Area13092Adrian
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3823.64
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 52890
Legal Description Lot 18 BLK 12 L G & A S BERRYS CONTINUATION OF SOUTHERN ADDITION
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Exterior
Fencing Fenced
Parking Features OneCarGarage Assigned2Spaces Detached Unassigned
Water Source Public
Foundation Details Basement MichiganBasement
Spa N
Lot Dimensions 181x72
Lot Size Acres 0.27
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 632
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* Excluded Features
List By
Adam Keller

Listing Agent

Foundation Realty, Llc

Broker

(419) 343-0249

Phone

Affordability Calculator

$1,180
Per Month
73%
27%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$319
Monthly 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
848781 Elementary School
848138 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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

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