Four unit rental house. Turn key investment. Live in one and rent the others. No smoking/no pets rental house. Convenient location, coin W/D in basement accessible to all units, 2 driveways. Units 1 & 3 pay their own electric/cable/wifi. Unit 4 all utilities included. Owner pays water/sewer, heat, trash & lawn maint. Storage cabinets in basement for tenant use, Boiler heat. Each unit's sq ft is estimated.
Sold for $222,000
$222,000
408 E Exchange St, Owosso, MI 48867
5beds
4baths
--sqft
MultiFamily
Built in 1900
-- sqft lot
$233,800 Zestimate®
$--/sqft
$1,275 Estimated rent
Home value
$233,800
$194,000 - $281,000
$1,275/mo
Zestimate® history
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$1,275/mo
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$1,514/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kelly Bila 989-721-1271,
Berkshire Hathaway HomeServices
Bought with:
Kori Shook, 6501403971
Kori Shook & Associates
Source: Greater Lansing AOR,MLS#: 287471
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: Common Area, In Basement, See Remarks
Features
- Flooring: Carpet, Vinyl
- Windows: Window Treatments
- Basement: Shared
- Has fireplace: No
Interior area
- Finished area above ground: 2,506
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Assigned, Carport, Driveway, Side By Side
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Front Porch
- Exterior features: Private Entrance, Private Yard, Storage
- Pool features: None
- Spa features: None
- Fencing: Back Yard,Fenced,Privacy,Wood,See Remarks
Lot
- Size: 8,712 sqft
- Dimensions: 66 x 132
- Features: Back Yard, City Lot
Details
- Parcel number: 7805066600001200
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Story
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Brick/Mortar, Combination, Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Connected, Cable Connected
Community & neighborhood
Location
- Region: Owosso
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $222,000-3.5% |
Source:  Greater Lansing AOR #287471 Report a problem | ||
| 10/28/2025 | Pending sale | $230,000 |
Source: Greater Lansing AOR #287471 Report a problem | ||
| 9/29/2025 | Price change | $230,000-4.2% |
Source: Greater Lansing AOR #287471 Report a problem | ||
| 7/17/2025 | Price change | $240,000-4% |
Source: Greater Lansing AOR #287471 Report a problem | ||
| 5/14/2025 | Price change | $250,000-2% |
Source: Greater Lansing AOR #287471 Report a problem | ||
| 4/18/2025 | Listed for sale | $255,000+18.6% |
Source: Greater Lansing AOR #287471 Report a problem | ||
| 6/30/2021 | Sold | $215,000-16.6% |
Source:  MiRealSource #50039014 Report a problem | ||
| 4/6/2021 | Listed for sale | $257,900+931.6% |
Source: Owner Report a problem | ||
| 4/3/2013 | Sold | $25,000-74% |
Source: Public Record Report a problem | ||
| 5/1/2012 | Sold | $96,099-14.2% |
Source: Public Record Report a problem | ||
| 5/2/2005 | Sold | $112,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,737 +2.1% | $95,500 +8.5% |
| 2024 | $4,642 +3.8% | $88,000 +11.7% |
| 2023 | $4,471 | $78,800 +10.2% |
| 2022 | -- | $71,500 +18.4% |
| 2021 | $3,026 | $60,400 +7.7% |
| 2020 | -- | $56,100 +20.4% |
| 2019 | -- | $46,600 +0.6% |
| 2018 | -- | $46,300 +2% |
| 2017 | -- | $45,400 |
| 2016 | -- | $45,400 +0.7% |
| 2015 | -- | $45,100 +3.2% |
| 2014 | -- | $43,700 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2005 | -- | $51,500 +3% |
| 2004 | -- | $50,000 +6.8% |
| 2002 | -- | $46,800 |
Find assessor info on the county website
Neighborhood: 48867
Nearby schools
GreatSchools rating
- 6/10Emerson SchoolGrades: K-5Distance: 0.4 mi
- 4/10Owosso Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Owosso High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Owosso
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$233,800
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
$233,800
- Michigan
- Shiawassee County
- Owosso
- 48867
- 408 E Exchange St
Nearby cities
Nearby zip codes
Other Owosso Topics
