Great investment opportunity! This fully rented triplex offers immediate income potential with three units already occupied. Whether you're expanding your portfolio or looking for a solid first investment, this property is a smart choice. New flooring has been installed in both main floor units, and a new water heater was added on 7/8/25, offering added peace of mind. Conveniently located and well-maintained, this multi-unit property is ready to go!
Sold for $153,000
$153,000
632 Grand Ave, Owosso, MI 48867
3beds
1,458sqft
Multi Family
Built in 1915
-- sqft lot
$161,400 Zestimate®
$105/sqft
$1,181 Estimated rent
Home value
$161,400
$136,000 - $190,000
$1,181/mo
Zestimate® history
Owner options
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$1,181/mo
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$1,181/mo
Rent Zestimate®
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$1,045/mo
Est. payment
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$1,045/mo
Est. payment
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List your homeWhat's special
New water heaterNew flooring
Zillow last checked:
Listing updated:
Listed by:
Gabriella Eastwood 989-289-0359,
Home Field Michigan Real Estate
Bought with:
Gabriella Eastwood, 6501448957
Home Field Michigan Real Estate
Source: MiRealSource,MLS#: 50181119
Originating MLS: Greater Shiawassee Association of REALTORS
Originating MLS: Greater Shiawassee Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Wall/Window Unit(s), Window Unit(s)
Appliances
- Included: Microwave, Range/Oven, Refrigerator
Features
- Basement: MI Basement,Brick
- Has fireplace: No
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Sidewalks
Lot
- Size: 7,840 Square Feet
- Dimensions: 60 x 130
Details
- Parcel number: 05042000201200
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Foundation: Basement, Brick
Condition
- Year built: 1915
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Maple Ridge Park
Location
- Region: Owosso
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $88,200
- Annual tax amount: $1,716
- Date on market: 7/9/2025
- Cumulative days on market: 45 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $153,000+5.5%$105/sqft |
Source:  MiRealSource #50181119 Report a problem | ||
| 8/1/2025 | Price change | $145,000-3.3%$99/sqft |
Source:  Realcomp II #60050181119 Report a problem | ||
| 7/9/2025 | Listed for sale | $150,000+25.8%$103/sqft |
Source: MiRealSource #50181119 Report a problem | ||
| 9/28/2023 | Sold | $119,250+377%$82/sqft |
Source: Public Record Report a problem | ||
| 6/21/2017 | Sold | $25,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,434 +41.8% | $44,100 +8.9% |
| 2024 | $1,717 +3.8% | $40,500 +11.3% |
| 2023 | $1,654 | $36,400 +9.6% |
| 2022 | -- | $33,200 +6.4% |
| 2021 | $1,596 | $31,200 +5.1% |
| 2020 | -- | $29,700 +22.7% |
| 2019 | -- | $24,200 +1.3% |
| 2018 | -- | $23,900 +0.8% |
| 2017 | -- | $23,700 |
| 2016 | $1,275 | $23,700 +2.6% |
| 2015 | $1,275 | $23,100 +1.3% |
| 2014 | -- | $22,800 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2004 | -- | $41,600 |
Find assessor info on the county website
Neighborhood: 48867
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Nearby schools
GreatSchools rating
- 6/10Bryant SchoolGrades: K-5Distance: 0.9 mi
- 4/10Owosso Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Owosso High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Owosso 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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Estimated market value
$161,400
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
$161,400
- Michigan
- Shiawassee County
- Owosso
- 48867
- 632 Grand Ave
Nearby cities
Nearby zip codes
Other Owosso Topics
