NOT LISTED FOR SALE

131 S Main St Olivet, MI 49076

Olivet Area

Estimated Value: $191,491 - $202,000

Studio
-- Bath
-- Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: January 17, 2024

Last sale price $170,000

Est. 16% increase in value since last sale

Current estimated payment $1,268 / mo

42 Days on Market

About This Home

As of January 2024

Don't miss out on this great 3 unit investment property in the City of Olivet. 3/1, 2/1, 1/1. Conveniently located in the heart of Olivet. Well maintained units. Hardwood floors throughout. Garage for storage on lower level. 4-5 parking spots. All units have separate utilities, all forced air furnaces, units have window AC units, all appliances included, 100% occupied.

Last Agent to Sell the Property

Art Homer

eXp Realty LLC License #6501374543 Listed on: 10/17/2023

eXp Realty LLC

Co-Listed By

Gavin Homer

eXp Realty LLC License #6501438628

Last Buyer's Agent

Art Homer

eXp Realty LLC License #6501374543 Listed on: 10/17/2023

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1890

Lot Details

  • 23,087 Sq Ft Lot
  • Lot Dimensions are 99x212

Home Design

  • Composition Roof
  • Shingle Siding

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • Michigan Basement
  • Mineral Rights Excluded

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1890

Lot Details

0.53 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 86.32
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99X212
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 1860.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 189900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 99X212
  • Lot Size Sq Ft: 23087.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1860.0
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 Prior Sale
01/17/2024 01/17/24 Sold $170,000 -10.5% --
11/28/2023 11/28/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $189,900 +442.6% --
12/04/2015 12/04/15 Sold $35,000 -41.6% $16 / Sq Ft View Prior Sale
11/13/2015 11/13/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $59,900 -- $27 / Sq Ft
Source: MichRIC

Agents Affiliated with this Home

  • Art Homer

    Seller's Agent in 2024

    Art Homer

    eXp Realty LLC

    (269) 209-6688

    300 Total Sales

    Art Homer
    Section Image
  • Gavin Homer

    Seller Co-Listing Agent in 2024

    Gavin Homer

    eXp Realty LLC

    (269) 986-6294

    287 Total Sales

    Gavin Homer
    Section Image

  • J

    Seller's Agent in 2015

    Julie Roof

    Century 21 Affiliated

    Section Image

  • R

    Buyer's Agent in 2015

    Remarks See

    Outside Realtor

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Map

Source: MichRIC

MLS Number: 23138615

MichRIC

APN: 600-000-610-005-00

Michigan Eaton County Olivet 49076

131 S Main St, Olivet, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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