NOT LISTED FOR SALE

404 Mulzer St Adrian, MI 49221

Estimated Value: $238,000 - $252,000

7 Beds
6 Baths
3,284 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2025

Last sale price $240,000 $73 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,564 / mo

1 Day on Market

About This Home

As of November 2025

Excellent investment opportunity in the city of Adrian! This 6-unit multi-family property features five 1-bedroom, 1-bath apartments and one spacious 2-bedroom, 1-bath unit. The property offers two driveways for convenient tenant parking and is located close to amenities, schools, and shopping. With strong rental potential and solid long-term income possibilities, this property is a great addition to any investor’s portfolio. Schedule your private showing today!

Last Agent to Sell the Property

Isaac Henry

Gil Henry & Associates License #LCAR-6501418399 Listed on: 10/15/2025

Last Buyer's Agent

Isaac Henry

Gil Henry & Associates License #LCAR-6501418399 Listed on: 10/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 22,216 Sq Ft Lot
  • Lot Dimensions are 150x150
  • Street terminates at a dead end

Parking

  • 3 Car Parking Spaces

Home Design

  • Tri-Level Property
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Brick Basement

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-260-0002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1900

Lot Details

0.51 Acres

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: Tri-Level
  • Total Tax Amount: 2897.93
  • Total Tax Year: 2025
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Outside Entrance, Brick
  • Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Sidewalks
  • Frontage: 150
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-260-0002-00
  • Location: Dead End
  • Lot Dimensions: 150x150
  • Acreage: 0.51
  • Zoning: Commercial
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Electric, Gas, Snow Removal, Taxes, Trash Removal, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2025, Amount: $2,126.88
  • Winter Tax: Year: 2024, Amount: $771.05
  • Total Tax: Year: 2025, Amount: $2,897.93

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Adrian City School District

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2013
Sold by
Bought by
Current Estimated Value
$244,588
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
-- None Available
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
11/05/2025 11/05/25 Sold $240,000 0.0% $73 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
10/15/2025 10/15/25 For Sale $239,900 -- $73 / Sq Ft
Source: Michigan Multiple Listing Service

Agents Affiliated with this Home

  • Isaac Henry

    Seller's Agent in 2025

    Isaac Henry

    Gil Henry & Associates

    (517) 215-4212

    19 in this area

    88 Total Sales

    Isaac Henry
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50191588

Michigan Multiple Listing Service

APN: XA0-260-0002-00

Michigan Lenawee County Adrian 49221

404 Mulzer St, Adrian, MI

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