Contingent

$264,900

2978 Lee Marie Dr, Adrian, MI 49221

4beds

2,160sqft

$1,979/mo

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Multi Family

Built in 1965

-- sqft lot

$260,900 Zestimate^®

$123/sqft

$-- HOA

What's special

Quiet cul-de-sac

Rare opportunity to own a well-maintained side-by-side ranch duplex in one of Adrian's most desirable locations! Whether you're looking to expand your portfolio or offset your mortgage by living in one unit and renting the other, this property offers great flexibility. Pride of ownership is evident throughout, with thoughtful maintenance, updates and care over the years. This over 1/2 acre property is situated in a quiet cul-de-sac. Both units of this duplex are occupied by responsible long term tenants.

88 days
138
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Not Applicable

Dining room

Features: Formal Dining Room

Kitchen

Features: Eat-in Kitchen

Heating

Forced Air

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Water Softener Owned

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,160
Total interior livable area: 2,160 sqft

Property

Parking

Total spaces: 3
Parking features: 3 or More Spaces, Attached
Attached garage spaces: 2.5

Features

Levels: One
Stories: 1
Patio & porch: Deck, Porch
Waterfront features: None
Body of water: none
Frontage length: 196

Lot

Size: 0.78 Acres
Dimensions: 196 x 172 x 196 x 172

Details

Parcel number: AD0127208500
Special conditions: Private

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family

Condition

Year built: 1965

Utilities & green energy

Gas: Natural Gas
Sewer: Public At Street
Water: Private Well

Community & HOA

Community

Subdivision: N/A

Location

Region: Adrian

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $254,641
Annual tax amount: $5,018
Date on market: 6/5/2026
Cumulative days on market: 88 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Total actual rent: 1900
Road surface type: Paved

Estimated market value

$260,900

$248,000 - $274,000

$1,336/mo

Price history

Date	Event	Price
7/23/2026	Contingent	$264,900$123/sqft
Source: MiRealSource #50210329 Report a problem
7/7/2026	Listed for sale	$264,900$123/sqft
Source: MiRealSource #50210329 Report a problem
6/19/2026	Contingent	$264,900$123/sqft
Source: MiRealSource #50210329 Report a problem
6/5/2026	Listed for sale	$264,900+38%$123/sqft
Source: MiRealSource #50210329 Report a problem
6/2/2015	Sold	$192,000-4%$89/sqft
Source: Agent Provided Report a problem
4/30/2015	Pending sale	$199,900$93/sqft
Source: Linda Rudd & Associates, Inc. #31239832 Report a problem
4/27/2015	Listed for sale	$199,900+99.9%$93/sqft
Source: Linda Rudd & Associates, Inc. #31239832 Report a problem
6/30/1998	Sold	$100,000$46/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,884 +4.1%	$127,320 +0.8%
2024	$4,691 +4.9%	$126,326 +5.2%
2023	$4,471	$120,078 +19.7%
2022	--	$100,348 +6.3%
2021	$4,305	$94,440 +4.4%
2020	$4,305 +2.4%	$90,473 +2.2%
2019	$4,206	$88,500 +0%
2018	--	$88,463 -0.6%
2017	$2,012	$89,033 +1.6%
2016	--	$87,662 +52.9%
2014	--	$57,335 +3.4%
2013	--	$55,432 +0.8%
2012	--	$55,000 -6.3%
2011	--	$58,700 -4.4%
2010	--	$61,400 -8.2%
2009	--	$66,900 -2.5%
2008	--	$68,600 +1.6%
2006	$1,149 -40.5%	$67,500 +2.3%
2005	$1,931 +147.4%	$66,000 +2.2%
2004	$781 -49.1%	$64,600 +11.2%
2002	$1,535	$58,100 +3.4%
2001	$1,535	$56,200 +2.7%
2000	$1,535	$54,700