Check out this 6 unit multifamily in Adrian. This property includes 3 one bedroom and 3 efficiency apartments. Tenant pays their own electric and the landlord pays gas, garbage and lawncare.
Sold for $129,000
$129,000
242 Division St, Adrian, MI 49221
7beds
2,543sqft
Multi Family
Built in 1900
-- sqft lot
$130,900 Zestimate®
$51/sqft
$957 Estimated rent
Home value
$130,900
$115,000 - $149,000
$957/mo
Zestimate® history
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$957/mo
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$844/mo
Est. payment
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Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 11:53am
Listed by:
Alexis Mattison 517-745-8699,
Front Street Realty
Bought with:
Laura Hayes, 65011310526
Howard Hanna Real Estate Services-Tecumseh
Source: MiRealSource,MLS#: 50178469
Originating MLS: Lenawee County Association of REALTORS
Originating MLS: Lenawee County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Bathroom
- Features: Other-See Remarks
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Range/Oven, Refrigerator
Features
- Basement: MI Basement
- Has fireplace: No
Interior area
- Total structure area: 2,543
- Total interior livable area: 2,543 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Waterfront features: None
- Body of water: None
- Frontage length: 82
Lot
- Size: 0.34 Acres
- Dimensions: 82.50 x 181
Details
- Parcel number: XA0400602000
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Shared Well
Community & neighborhood
Location
- Region: Adrian
- Subdivision: Berrys Southern Add
HOA & financial
Other financial information
- Total actual rent: 2825
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2025 | Sold | $129,000-26.3%$51/sqft |
Source:  MiRealSource #50178469 Report a problem | ||
| 7/7/2025 | Contingent | $175,000$69/sqft |
Source: MiRealSource #50178469 Report a problem | ||
| 6/16/2025 | Listed for sale | $175,000+16.7%$69/sqft |
Source: MiRealSource #50178469 Report a problem | ||
| 4/20/2023 | Sold | $150,000$59/sqft |
Source:  Realcomp II #56050107060 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,479 +65% | $88,038 -7.2% |
| 2024 | $2,715 +4.5% | $94,869 +2.3% |
| 2023 | $2,598 | $92,770 +26.9% |
Find assessor info on the county website
Neighborhood: 49221
Nearby schools
GreatSchools rating
- 3/10Michener Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Springbrook Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Adrian High SchoolGrades: 8-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Adrian City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$130,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$130,900
- Michigan
- Lenawee County
- Adrian
- 49221
- 242 Division St