106 N Talbot Street Addison, MI $ 165,000
106 N Talbot Street
$ 165,000
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106 N Talbot Street

Addison, MI, 49220
$ 165,000
Baths2.0 Sq 2,400

Monthly Estimate*

$ 1,016

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Studio

Multi-Family Home for sale in Addison, MI

for $165,000 with 2 full baths. This 2,400 square foot home was built in 1900 on a lot size of 0.04.

Turnkey duplex investment opportunity with strong income potential. Each unit features 2 bedrooms and 1 full bath, making this property ideal for both investors and owner-occupants. Live in one unit and rent the other, or lease both for maximum cash flow. Extensive updates include fresh paint throughout, new flooring, and updated electrical, reducing immediate maintenance concerns. Each unit is equipped with its own furnace and water heater (approximately 5 years old), along with separately metered utilities-allowing tenants to pay their own expenses and simplifying management. A solid addition to any portfolio with flexibility, efficiency, and long-term upside. All info is believed to be correct. Buyers Agent to verify all info.

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Multi-Family Active

Price

$ 165,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,504

Style

MultiFamily

Lot Size

0.04

Year Built

1900

Town/City

Addison

County/Region

Lenawee

MLS | Web ID

56050206213

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Cooling CentralAir WindowUnits
Possession AtClose
Garage Spaces 0.0
Year Built 1900
Levels Two
Property Subtype MultiFamily
County Lenawee
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name DOWNTOWN ADDISON
Garage Y/N N
Full Baths 2
Status Active
City AddisonVillage_Lenawee
Body of Water none
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Addison
Number Of Units Total 2
MLS Area Area13013AddisonVlg
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3504.65
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
Ownership Type LLC
Legal Description A PAR OF LD COMM 70 FT N OF SE COR BLK 3 TH W 53 FT TH N 30 FT E 53 FT S 30 FT TO BEG - BLK NO 3 ORIGINAL PLAT-VILLAGE OF ADDISON
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Interior
Basement Concrete
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2400.0
Total Bedrooms 4
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement MichiganBasement
Spa N
Lot Dimensions 30x55
Lot Size Acres 0.04
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 106
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* Excluded Features
List By
Sarah Ford

Listing Agent

Foundation Realty, Llc

Broker

(517) 662-9923

Phone

Affordability Calculator

$1,308
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,016
Monthly Property Taxes
$292
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
848750 Elementary School
848498 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$165,000 -2.94% Price Down
5/22/2026$170,000 -5.56% Price Down
5/2/2026$180,000 Listed Price

Map


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106 N Talbot Street, Addison, MI, 49220 is a Multi-Family Home for sale at $165,000 with 2,400 sqft and a lot size of 0.04. 106 N Talbot Street is a studio with 2.0 baths and was built in 1900. The property's zip code is 49220 which is in Addison, MI