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For sale
    • Price cut: $10K (8/25)
    $249,900

    124 S Ottawa St, Tecumseh, MI 49286

    4beds
    2,461sqft
    : 
    $1,811/mo
    Get pre-qualified
    Multi Family
    Built in 1880
    -- sqft lot
    $244,600 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    Inviting wraparound porchNewer siding
    Great opportunity to add a solid income-producing property to your rental portfolio! Located just one block from downtown Tecumseh, this 4-unit property features four 1-bedroom units and is currently fully occupied, providing immediate rental income. There may also be an opportunity for future rent adjustments. Each unit has a separate electric meter, while the natural gas expense is shared among the four units. Additional features include an inviting wraparound porch, a 2-car garage providing valuable additional space, and newer siding. Conveniently located near downtown Tecumseh shopping, dining, and amenities. Priced at $259,900, this is an excellent opportunity for investors looking to expand their portfolio.
    8 days
    |
    410
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Corder 517-403-9710,

    Howard Hanna Real Estate Services-Tecumseh 517-424-4444,

    Brandon Corder 517-392-7657,

    Howard Hanna Real Estate Services-Tecumseh

    Source: MiRealSource,MLS#: 50219121MLS LogoOriginating MLS: Lenawee County Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Bathroom
      • Features: Other-See Remarks
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Range/Oven, Refrigerator, Gas Water Heater
      Features
      • Basement: Partial
      • Has fireplace: No
      Interior area
      • Total structure area: 2,461
      • Total interior livable area: 2,461 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Waterfront features: None
      • Body of water: None
      • Frontage length: 63
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 63 x 91
      Details
      • Parcel number: XT0000056100
      • Zoning description: Residential
      • Special conditions: Private

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Basement
      Condition
      • Year built: 1880

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Original City Of Tecumseh
      Location
      • Region: Tecumseh

      Financial & listing details

      • Price per square foot: $102/sqft
      • Tax assessed value: $174,737
      • Annual tax amount: $4,761
      • Date on market: 8/19/2026
      • Cumulative days on market: 9 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Total actual rent: 2975

        Estimated market value

        $244,600

        $232,000 - $257,000

        $1,104/mo

        Price history

        DateEventPrice
        8/25/2026Price change$249,900-3.8%$102/sqft
        Source: MiRealSource #50219121 Report a problem
        8/19/2026Price change$259,900+29.9%$106/sqft
        Source: MiRealSource #50219121 Report a problem
        6/2/2025Price change$200,000-11.1%$81/sqft
        Source: Realcomp II #20250032391 Report a problem
        5/5/2025Price change$224,900-10%$91/sqft
        Source: Realcomp II #20250032391 Report a problem
        3/1/2025Price change$249,900-7.1%$102/sqft
        Source: Realcomp II #20250011499 Report a problem
        2/21/2025Listed for sale$269,000+216.5%$109/sqft
        Source: Realcomp II #20250011499 Report a problem
        7/22/2020Listing removed$650
        Source: Foundation Realty, LLC #50017576 Report a problem
        7/17/2020Listed for rent$650+30%
        Source: Foundation Realty, LLC #50017576 Report a problem
        6/28/2018Sold$85,000-5.5%$35/sqft
        Source: MiRealSource #31342390 Report a problem
        4/11/2018Pending sale$89,900$37/sqft
        Source: Goedert Real Estate - Adr #31342390 Report a problem
        3/16/2018Listed for sale$89,900$37/sqft
        Source: Goedert Real Estate - Adr #31342390 Report a problem
        1/5/2018Listing removed$500
        Source: Moore Home Builders, INC Report a problem
        11/20/2017Listed for rent$500-13%
        Source: Moore Home Builders, INC Report a problem
        9/18/2017Listing removed$575
        Source: Rent Me Properties Report a problem
        7/7/2017Price change$575+15%
        Source: Rent Me Properties Report a problem
        5/22/2017Listed for rent$500
        Source: Rent Me Properties Report a problem
        4/25/2017Listing removed$89,900$37/sqft
        Source: Goedert Real Estate - Adr #31303888 Report a problem
        10/20/2016Price change$89,900-10%$37/sqft
        Source: Goedert Real Estate - Adr #31303888 Report a problem
        10/1/2016Listed for sale$99,900+127%$41/sqft
        Source: Goedert Real Estate - Adr #31303888 Report a problem
        5/21/2013Sold$44,000$18/sqft
        Source: MiRealSource #20352660 Report a problem
        4/17/2013Listed for sale$44,000+395%$18/sqft
        Source: Homepath #20007890 Report a problem
        3/5/2012Sold$8,889$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,269 +85.3%$87,368 +2.7%
        2024$7,159 +73.3%$85,043 +1%
        2023$4,130 $84,205 -3.6%
        2022-- $87,382 +19.7%
        2021$4,248 $72,994 -1.6%
        2020$4,248 $74,186 +12.1%
        2019$4,248 +17.6%$66,200 +12.4%
        2017$3,613 $58,900 +1.7%
        2016$3,613 +0.2%$57,900 +3.8%
        2014$3,606 $55,800 +0.9%
        2012-- $55,300 -6.4%
        2011-- $59,100 -5.7%
        2010-- $62,700 -14.6%
        2009-- $73,400 +32.7%
        2008-- $55,300 -28.8%
        2006-- $77,700 +1.2%
        2005-- $76,800 +17.8%
        2004-- $65,200
        2002-- $65,200 +6.9%
        2001-- $61,000 +1.3%
        2000-- $60,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49286

        Getting around

        79 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Tecumseh Public Schools

        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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