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115-117 S Fair Street Otsego, MI $ 250,000
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115-117 S Fair Street
$ 250,000
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115-117 S Fair Street

Otsego, MI, 49078
$ 250,000
Baths2.0

Monthly Estimate*

$ 1,579

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Studio

Multi-Family Home for sale in Otsego, MI

for $250,000 with 2 full baths. This home was built in 1920 on a lot size of 0.11.

Don't miss out on this rare opportunity to own side by side duplex in Otsego! Located a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. Both units are clean and spacious 2 bed, 1 1/2 bath with separate utilities. The interior of both units has been updated with newer windows, flooring, furnace, water heater. The updated kitchens have quartz countertops, dishwasher, stove, refrigerator and microwave. Two-year-old shower unit on both sides. Enjoy the large shared front porch. Tenants can move right in! The exterior could use some siding work and a little TLC on the porch. Storage shed. All in all, this is a solid property ready for new owner! Square footage is approximate. Selling 'as is'. The adjoining vacant lot parcel #03-54-104-043-00 is included in the sale. Buyer and Seller to verify all listed information.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,004

Style

2 to 4 Units

Lot Size

0.11

Year Built

1920

Town/City

Otsego

County/Region

Allegan

MLS | Web ID

26038901
Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Cable Available Phone Connected Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1920
Tenant Pays Electric Trash Gas
Township Otsego City
Property Subtype 2 to 4 Units
Tax Year 2026
County Allegan
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions US 131 to Otsego Exit Then West on M-89/E. Allegan St to Fair S on Fair & Property Is on East Side of Road.
City Otsego
High School District Otsego
Zoning Description P-O
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4940.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2004.28
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 32143
Legal Description COM 16 1/2' S OF NW COR OF LOT 40 BLK 4 TH SELY PPL WITH N LIN OF SD LOT 12' TH SWLY PPL WITH W LIN OF SD LOT 52' TH NWLY PPL WITH N LIN OF SD LOT 12' M/L TO W LIN OF SD LOT TH NELY ALG W LIN OF SD L
Senior Community None
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Interior
Basement Crawl Space Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 2
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Exterior
Parking Features Driveway Gravel Paved
Lot Features Level Sidewalk
Total Parking 4.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 52 x 95
Lot Size Acres 0.11
Road Surface Type Paved
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 115117
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* Excluded Features
List By
Best Homes Of Michigan Allegan

Broker

briantimmrealty@gmail.com

Email

Affordability Calculator

$1,746
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,579
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
251391 Elementary School
249001 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/1/2026$250,000 -9.09% Price Down
7/28/2026$275,000 Listed Price

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115-117 S Fair Street, Otsego, MI, 49078 is a Multi-Family Home for sale at $250,000 with a lot size of 0.11. 115-117 S Fair Street is a studio with 2.0 baths and was built in 1920. The property's zip code is 49078 which is in Otsego, MI

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