Welcome to this nicely maintained 2,050 sq. ft. duplex, offering two separate units, featuring 3 bedrooms and 2 full bathrooms. This property presents an excellent opportunity for investors or owner-occupants looking for a solid income-producing property. The lower unit includes the added convenience of an in-unit washer and dryer. With desirable layouts and plenty of potential, this duplex is ready to continue generating rental income. Pardon our dust! Current upgrades and improvements are underway as we continue enhancing the property. This is a great opportunity to own a versatile, income-producing property with improvements already in progress.
For sale
$153,450
633 N Water St, Owosso, MI 48867
3beds
2,050sqft
Multi Family
Built in 1890
-- sqft lot
$151,900 Zestimate®
$75/sqft
$-- HOA
What's special
In-unit washer and dryerDesirable layouts
- 10 days
- 644
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kim Omer 989-723-7599,
Re/Max of Owosso 989-725-8119
Source: MiRealSource,MLS#: 50218926
Originating MLS: Greater Shiawassee Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Range/Oven, Refrigerator
Features
- Basement: MI Basement
- Has fireplace: No
Interior area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Dimensions: 48 x 132
Details
- Parcel number: 05047003500700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Na
Location
- Region: Owosso
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $135,200
- Annual tax amount: $3,954
- Date on market: 8/18/2026
- Cumulative days on market: 14 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: LLC
- Total actual rent: 915
Estimated market value
$151,900
$144,000 - $159,000
$1,078/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $153,450+53.4%$75/sqft |
Source: | ||
| 6/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 4/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/17/2024 | Listed for rent | $850+13.3% |
Source: Zillow Rentals Report a problem | ||
| 3/10/2021 | Sold | $100,000+78.9%$49/sqft |
Source: Public Record Report a problem | ||
| 2/27/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/29/2020 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 6/25/2020 | Listed for rent | $750 |
Source: Owner Report a problem | ||
| 4/30/2020 | Listing removed | $750 |
Source: Zillow Rental Manager Report a problem | ||
| 3/30/2020 | Listed for rent | $750 |
Source: Zillow Rental Manager Report a problem | ||
| 9/1/2018 | Listing removed | $55,900$27/sqft |
Source: Owner Report a problem | ||
| 6/4/2018 | Pending sale | $55,900$27/sqft |
Source: Owner Report a problem | ||
| 5/29/2018 | Listed for sale | $55,900-13.3%$27/sqft |
Source: Owner Report a problem | ||
| 7/31/2017 | Listing removed | $64,500$31/sqft |
Source: Coldwell Banker Professionals #31314977 Report a problem | ||
| 5/31/2017 | Price change | $64,500-6.5%$31/sqft |
Source: Coldwell Banker Professionals #31314977 Report a problem | ||
| 3/17/2017 | Listed for sale | $69,000$34/sqft |
Source: CB Professionals #31314977 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,573 -52% | $67,600 +8.2% |
| 2024 | $3,279 +3.8% | $62,500 +12.6% |
| 2023 | $3,157 | $55,500 +9.9% |
| 2022 | -- | $50,500 +6.3% |
| 2021 | $2,666 | $47,500 +7.7% |
| 2020 | -- | $44,100 +11.1% |
| 2019 | -- | $39,700 +0.8% |
| 2018 | -- | $39,400 +2.3% |
| 2017 | -- | $38,500 |
| 2016 | -- | $38,500 +2.4% |
| 2015 | -- | $37,600 +2.7% |
| 2014 | -- | $36,600 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $59,500 +12.7% |
| 2007 | -- | $52,800 |
| 2006 | -- | $52,800 -1.5% |
| 2004 | -- | $53,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48867
Nearby schools
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.








