$250,000
$25K PRICE DROP

115 S Fair St Otsego, MI 49078

Otsego Area

Estimated payment $1,494/month

Total Views 737
-- Bed
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Siding

About This Home

Don't miss out on this rare opportunity to own side by side duplex in Otsego! Located a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. Both units are clean and spacious 2 bed, 1 1/2 bath with separate utilities. The interior of both units has been updated with newer windows, flooring, furnace, water heater. The updated kitchens have quartz countertops, dishwasher, stove, refrigerator and microwave. Two-year-old shower unit on both sides. Enjoy the large shared front porch. Tenants can move right in! The exterior could use some siding work and a little TLC on the porch. Storage shed. All in all, this is a solid property ready for new owner! Square footage is approximate. Selling 'as is'. The adjoining vacant lot parcel #03-54-104-043-00 is included in the sale. Buyer and Seller to verify all listed information.

Listing Agent

Brian Timm

Best Homes of Michigan Allegan License #6506046839 Listed on: 07/28/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1920

Lot Details

  • 4,940 Sq Ft Lot
  • Lot Dimensions are 52 x 95
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bathrooms

Basement

  • Michigan Basement
  • Laundry in Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,004

Year Built

Built in 1920

Lot Details

4,940 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • General Property Info:Basement: Yes
  • Driveway:Driveway: Paved, Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: Cable Available, Natural Gas Available
  • Lot Description:Lot Description: Level, Sidewalk
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDM4OTAxIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTAzVDExOjM2OjMzLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.y8fRQ9hkVnoyiPbCBG3xEYZsxNJIiqB5HmXeA1l7dWQ/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 250000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Utilities: Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Natural Gas Available
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.1134
  • Lot Size Area: 0.11
  • Lot Dimensions: 52 x 95
  • Lot Size Sq Ft: 4940.0
  • Zoning Description: P-O

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2004.28
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,004 $60,600 $7,900 $52,700
2025 $1,956 $59,600 $7,100 $52,500
2024 $1,688 $49,200 $4,300 $44,900
2023 $1,821 $42,200 $4,000 $38,200
2022 $1,688 $38,800 $4,000 $34,800
2021 $1,669 $35,800 $4,000 $31,800
2020 $1,647 $46,500 $4,000 $42,500
2019 $1,620 $38,900 $4,000 $34,900
2018 $1,585 $33,900 $4,000 $29,900
2017 $0 $28,600 $4,600 $24,000
2016 $0 $25,700 $3,400 $22,300
2015 -- $25,700 $3,400 $22,300
2014 $1,391 $24,000 $0 $0
2013 $1,391 $27,000 $5,200 $21,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2026 08/01/26 Price Changed $250,000 -9.1% --
07/28/2026 07/28/26 For Sale $275,000 -- --
Source: MichRIC

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed $12,500 None Available
Warranty Deed $95,000 None Available
Warranty Deed -- Chicago Title
Deed $55,000 Chicago Title
Deed $58,000 --
Deed $12,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $10,000 Stand Alone Second
Previous Owner $70,750 Purchase Money Mortgage
Previous Owner $45,000 Purchase Money Mortgage
Source: Public Records

Source: MichRIC

MLS Number: 26038901

MichRIC

APN: 54-104-040-50

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