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
$130,000 Zestimate®
$51/sqft
$1,127 Estimated rent
Home value
$130,000
$113,000 - $150,000
$1,127/mo
Zestimate® history
Owner options
List your home for rent
$1,127/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,127/mo
Rent Zestimate®
Refinance and save
$863/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$863/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
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 & HOA
Community
- Subdivision: Berrys Southern Add
Location
- Region: Adrian
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $176,077
- Annual tax amount: $4,854
- Date on market: 6/16/2025
- Cumulative days on market: 25 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 2825
- 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: MiRealSource #50107060 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% |
| 2022 | -- | $73,119 +4.5% |
| 2021 | $2,505 | $69,942 +17.5% |
| 2020 | $2,505 +3.1% | $59,524 -0.1% |
| 2019 | $2,430 | $59,600 +17.2% |
| 2018 | -- | $50,849 -2.4% |
| 2017 | $1,138 | $52,124 +5.4% |
| 2016 | -- | $49,447 +2.6% |
| 2014 | -- | $48,200 +7.3% |
| 2006 | -- | $44,900 +5.9% |
| 2004 | $1,106 | $42,400 +6% |
| 2002 | -- | $40,000 +9% |
| 2001 | -- | $36,700 |
| 2000 | -- | $36,700 |
Find assessor info on the county website
Neighborhood: 49221
Nearby homes
- $82,0005 bd3 ba2.6k sqft236 Division St, Adrian, MI 49221Sold
- $114,7003 bd3 ba1.8k sqft250 Division St, Adrian, MI 49221Off Market
- $89,6002 bd2 ba1.6k sqft254 Division St, Adrian, MI 49221Off Market
- $---- bd-- ba1.5k sqftFrank St, Adrian, MI 49221Off Market
- $147,100-- bd1 ba1.8k sqft304 Division St, Adrian, MI 49221Off Market
- $181,3004 bd2 ba1.9k sqft247 Division St, Adrian, MI 49221Off Market
- $216,5007 bd4 ba4.5k sqft216 Division St, Adrian, MI 49221Off Market
- $255,700-- bd6 ba4.1k sqft239 Division St, Adrian, MI 49221Off Market
Nearby schools
GreatSchools rating
- 4/10Michener Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Springbrook Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Adrian 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.
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
$130,000
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
$130,000
- Michigan
- Lenawee County
- Adrian
- 49221
- 242 Division St
Nearby cities
Nearby zip codes
Other Adrian Topics
