Sold
982 S Chestnut Street, Owosso, MI 48867
Sold on 10/24/2025 for$162,500
MLS # 20251038998 (Realcomp)
2 beds1 bath500 sqftBuilt 99991.4 acres
1 / 22
Listing Description
RARE FIND – TWO HOMES, ONE PROPERTY! Unique opportunity to own two beautifully updated ranch homes both 2-bedroom and one bath homes—each with its own address, utilities, and laundry area. Perfect for house-hackers, multi-generational living, or investors—live in one and let the other pay your mortgage! Both homes have been tastefully refreshed with new kitchens, roofs, flooring, fresh paint, furnaces windows and doors offering true move-in ready convenience. One home includes an attached garage, while the property also features a shed and lean-to for extra storage. Set on a spacious lot, with an additional .33-acre property next door also available for purchase, the possibilities are endless—expand your investment or keep the extra space for yourself. Updates include: Don’t miss this unique chance to own two homes on one property—schedule your showing today. NOTE: this is also listed under a multifamily listing and rooms sizes are approximate for both homes. Only one has an attached garage and both are roughly 500 squarge feet .
Source: SparkMLS
About this home
Located in Owosso, this property offers 2-bedroom, 1-bath, 500 sq ft, with original construction dating to 9999.
This home sold for $162,500 (about $325/sq ft).
Property tax estimate: $2,357 per year ($196/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area500 sqft
Lot Size1.4 acres
Year Built9999
Stories1
Location
CityOwosso
MunicipalityOwosso Twp
Zip Code48867
CountyShiawassee
School DistrictOwosso
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space, Slab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/24/2025
Sold Date10/23/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,357
Parcel #0068002700000
Source: SparkMLS
Legal Description
SUPERVISOR'S PLAT OWOSSO TWP LOT 27 EX W 137 FT THEREOF EX S 90 FT OF E 160 FT OF LOT 27
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Tanya A Biernat
Real Estate One-Rochester
Frequently Asked Questions about 982 S Chestnut Street, Owosso, MI 48867
What school district is 982 S Chestnut Street, Owosso, MI 48867 in?
Per MLS# 20251038998, this property is served by Owosso. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251038998, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251038998, the most recent reported annual property tax for 982 S Chestnut Street, Owosso, MI 48867 is $2,357. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 982 S Chestnut Street, Owosso, MI 48867 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 982 S Chestnut Street, Owosso, MI 48867 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 982 S Chestnut Street, Owosso, MI 48867?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Owosso Twp police department or the Shiawassee County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,037
Principal & interest$1,037
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatellite
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
982 S Chestnut Street, Owosso, MI 48867
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