$200,000
SOLD JAN 7, 2026

132 S Main St Olivet, MI 49076

-- Bed
-- Bath
2,200 Sq Ft
0.72 Acres

Recently Sold

$91 Per Sq Ft

5% Below List Price

20 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Wood Siding
  • Garden Windows
  • Level Lot
  • Carpet

About This Home

As of January 2026

THIS PERFECTLY LOCATED DUPLEX IS READY FOR A BUYER TO MOVE IN ONE UNIT AND RENT OUT THE OTHER TO PAY FOR MOST OF YOUR MORTAGE AND START BUILDING WEALTH. OR READY FOR AN INVESTOR TO TAKE THIS BEAUTY OVER! DUPLEX HAS 2 METERS, 2 FURNANCES AND 2 WATER HEATERS. LOWER LEVEL WAS LAST RENTED FOR $1,125 A MONTH. RENT INCLUDES TRASH AND LAWN/SNOW. TENANT IS RESPONSIBLE FOR ELECTRIC, GAS, AND WATER. FRIDGE AND STOVE ARE 1 YR OLD WITH WASHER AND DRYER IN UNIT. THE TOP UNIT WAS LAST RENTED FOR $1,100. NEW CARPET, NEW TOLIET AND WASHER AND DRYER IN UNIT. EXTERIOR PAINTED 2022. BOTH UNITS CURRENTLY VACANT. NEW HOT WATER HEATER 2025, SELLERS OFFERING A $2,000 CARPET ALLOWANCE FOR LOWER UNIT.

Last Agent to Sell the Property

Julie Baker

RE/MAX Real Estate Professionals License #6501397957 Listed on: 11/11/2025

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1883

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 83x379
  • Level Lot
  • Few Trees
  • Back Yard

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Shingle Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Garden Windows
  • Michigan Basement

Flooring

  • Parquet
  • Carpet

Laundry

  • Laundry in unit
  • Sink Near Laundry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities
  • New Taxes Expense $5,310

Listing and Financial Details

  • Total Actual Rent $26,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Gross Rent: 26700.0
  • Tax Year: 2025
  • Levels: Two
  • Year Built: 1883
  • Lot Size Acres: 0.719
  • Lot Size: 83X379
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Colonial
  • Tax Info:Taxes2: 5310.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: DUPLEX
  • Special Features: None

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Flooring: Carpet, Parquet
  • Property Type: Residential Income
  • Window Features: Garden Window(s), Window Treatments

Exterior Features

  • Roof: Shingle, Slate
  • Foundation Details: Stone
  • Lot Features: Back Yard, Few Trees, Level
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Common Area, In Unit, Sink
  • Utilities: Cable Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Junior High Dist: Olivet

Lot Info

  • Lot Size Sq Ft: 31319.64

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 5310.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2025
Closed on
Jan 7, 2026
Sold by
Sacul Group Llc
Bought by
Rendleman Kathy
Seller's Agent
Julie Baker
RE/MAX Real Estate Professionals
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.61%
Original Mortgage
$190,000
Outstanding Balance
$190,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$14,858

Purchase Details

Closed on
Feb 3, 2023
Sold by
Marjorie A Huva Trust
Bought by
Sacul Group Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Huva Marjorie A and Huva David W
Bought by
Huva Marjorie A and The Marjorie A Huva Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Greater Lansing Title
Warranty Deed $171,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 Sold $200,000 -4.8% $91 / Sq Ft
12/01/2025 12/01/25 Pending -- -- --
11/11/2025 11/11/25 For Sale $210,000 -- $95 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $5,314 $96,500 $0 $0
2024 $2,031 $78,828 $0 $0
2023 $2,957 $71,977 $0 $0
2022 $1,734 $62,167 $0 $0
2021 $2,716 $57,286 $0 $0
2020 $2,694 $54,675 $0 $0
2019 $1,614 $48,910 $0 $0
2018 $0 $45,210 $0 $0
2017 -- $43,120 $0 $0
2016 -- $38,894 $0 $0
2015 -- $38,379 $0 $0
2014 -- $36,890 $0 $0
2013 -- $39,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 292531

Greater Lansing Association of Realtors®

APN: 600-000-601-006-00