Duplex on Adrians west side. Huge lot with a large 2 car detached garage. Live in main floor and rent out the upstairs to help pay the mortgage. This home has loads of potential for turning back into a single family home or for a blended family. Main floor is 3 Bedrooms 1 bath and the upstairs is 1 BR 1 bath interior staircase could be opened back up easily.
Currently a duplex but can easily be a 3 unit. 3rd unit would have to be approved by the city of Adrian. The other 2 units were certified in 2023. Could be a great income producer.
Great Income potential. Lower unit has 1 bedroom, Upper unit has 2 to 3 bedrooms with bonus space on 3rd floor. Each Unit has a full bath, Live in one and rent the other. Extra deep lot with 2 car detached garage. Separated Electric, Gas, Heat.
Duplex in the heart of Adrian. Unit 1: 3 bedrooms, 1 bathroom, Beautiful hardwood floors and woodwork throughout. Updated kitchen. Unit 2 (rented monthly): 2 bedrooms, 1 bathroom. Additional Features: over 2200 square feet of living space, Private porches for each unit, Detached 2-car garage, Newer roof and hot water heater. Ideal for generating rental income of offsetting your mortgage,
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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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
Date
Buyer
Sale Price
Title Company
A & B Propoerty Llc
--
None Available
Borders Margaret
$25,000
Attorney Title
Federal Home Loan Mortgage Corporation
$98,158
None Available
Rychener Richard L
$118,000
Legacy Title Agency
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
French Loren L
$51,375
Previous Owner
Rychener Richard L
$94,400
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/16/202203/16/22
Sold
$100,000
-23.0%
$56 / Sq Ft
02/01/202202/01/22
Price Changed
$129,900
-7.1%
$73 / Sq Ft
01/18/202201/18/22
For Sale
$139,900
--
$79 / Sq Ft
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 405 W Maple Ave, Adrian, MI 49221 since 18 January 2022 and is currently estimated at $145,582, approximately $81 per square foot. This property was built in 1890. 405 W Maple Ave is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and Trenton Hills Learning Center.
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