Under Contract
632 Division Street, Adrian, MI 49221
$139,900
3 bathsBuilt 19000.27 acres
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Description
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.
Price & Status History
Jan 20, 2026MLS #50197905
Listed for sale
$139,900
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Under Contract | $139,900 | — | Jan 20, 2026 | — | MiReal | View → |
Tax & Assessment
Parcel NumberXA0-422-3024-00
Property Details
Property TypeMulti FamilyBathrooms3Lot Size0.27 acresYear Built1900CityAdrianMunicipalityAdrian CityZip Code49221Terms AcceptedCash, Conventional, FHA
Listed by Adam Keller
Foundation Realty, LLC