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Owosso, MI Multifamily Homes & Duplexes for Sale

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  • 632 Grand Ave, Owosso, MI 48867
    632 Grand Ave, Owosso, MI 48867
    632 Grand Ave, Owosso, MI 48867
    /10

    $150,000

    • 3 Beds
    • 3 Baths
    • 1,458 Sq Ft

    632 Grand Ave, Owosso, MI 48867

    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

    Gabriella Eastwood Home Field Michigan Real Estate

    632 Grand Ave, Owosso, MI 48867
  • 609 Broadway Ave, Owosso, MI 48867
    609 Broadway Ave, Owosso, MI 48867
    609 Broadway Ave, Owosso, MI 48867
    /6

    $99,900

    • 3 Beds
    • 2 Baths
    • 1,770 Sq Ft

    609 Broadway Ave, Owosso, MI 48867

    Duplex - Two-bedroom unit on the main level with washer/dryer hook-up and one-bedroom unit above. Upper-level rents for $475 including utilities. Fenced yard. Vinyl windows. Parking in rear. This property makes a great opportunity to live in one unit and earn extra income from renting the other unit. Additional updates include drywall, furnace, hot water heater, and electric panel! Estate

    Morgan Beilfuss The Home Office Realty LLC

    609 Broadway Ave, Owosso, MI 48867
  • 408 E Exchange St, Owosso, MI 48867
    408 E Exchange St, Owosso, MI 48867
    408 E Exchange St, Owosso, MI 48867
    /14

    $240,000

    • 2,506 Sq Ft

    408 E Exchange St, Owosso, MI 48867

    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

    Kelly Bila Berkshire Hathaway HomeServices

    408 E Exchange St, Owosso, MI 48867
Michigan Shiawassee County Owosso

Multi-Family Homes & Duplexes for Sale in Owosso, MI

Why Live in Owosso

Owosso, Michigan, located along the Shiawassee River, is a small city with a population of approximately 14,600. Known for its historical connection to author James Oliver Curwood, Owosso features Curwood Castle Park, a popular tourist attraction and community event venue. The city has a diverse range of home prices, with custom homes along the river and more affordable older homes. Owosso Public Schools serve around 2,900 students and have a high rating. The city boasts 12 parks covering over 250 acres, offering numerous recreational facilities. Nearby state parks like Sleepy Hollow Park and the Shiawassee National Wildlife Refuge provide additional outdoor attractions. Downtown Owosso, centered around West Main Street and South Washington Street, offers a variety of dining options, local shops, and the Lebowsky Center for performing arts. Annual events such as the Curwood Festival and Owosso Bike Fest bring the community together. The Shiawassee Area Transit Agency provides on-demand ride services, and major roadways like South Michigan Route 52 connect residents to larger cities. Owosso Community Airport caters to private flights, while Bishop International Airport in Flint, 26 miles away, handles commercial flights. Environmental considerations include a potential flood risk and an average of 30 inches of snow per year, though winters have been milder recently.

Learn more about living in Owosso

Home Trends in Owosso, MI

On average, homes in Owosso, MI sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in Owosso, MI over the last 12 months is $315,000, up 29% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$315,000
Median Single Family Sale Price
$335,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
1
Last 12 months Home Sales
76
Months of Supply
0.20
Median List Price
$354,425
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
29%
How to Buy a Home How to Finance a Home How to Sell a Home

In Owosso, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $99,900 to $240,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Owosso is $354,425, while the average sale price is $319,365, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Owosso, MI.

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