522 River St Owosso, MI 48867
Estimated payment $776/month
About This Home
Looking for an investment property with great potential? This duplex in Owosso is conveniently located close to town and offers a mix of immediate rental income with room to add value. One side features a 3-bedroom, 1-bath unit that is currently occupied, providing steady income from day one. The other side is a 1-bedroom, 1-bath unit that has been taken down to the studs and is ready for you to finish exactly how you'd like. Whether you're an investor looking to expand your portfolio or someone interested in living in one unit and renting out the other, this property offers flexibility and opportunity. With its proximity to town, you'll enjoy easy access to local shops, dining, and amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,183
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 66x167
Home Design
- Duplex
- Combination Foundation
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,528 Sq Ft Home
- 2-Story Property
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Basement Hatchway
- Crawl Space
Parking
- 3 Parking Spaces
- Gravel Driveway
- Parking Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
Overview
- 2 Units
Building Details
- Water Sewer Expense $1,460
- New Taxes Expense $2,183
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,139 | $43,700 | $0 | $0 |
| 2024 | $2,139 | $38,500 | $0 | $0 |
| 2023 | $950 | $34,600 | $0 | $0 |
| 2022 | $1,654 | $31,500 | $0 | $0 |
| 2021 | $1,578 | $29,100 | $0 | $0 |
| 2020 | $1,607 | $27,500 | $0 | $0 |
| 2019 | $1,579 | $24,200 | $0 | $0 |
| 2018 | -- | $24,100 | $0 | $0 |
| 2017 | -- | $24,300 | $0 | $0 |
| 2016 | -- | $24,300 | $0 | $0 |
| 2015 | -- | $24,300 | $0 | $0 |
| 2014 | -- | $23,900 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $109,900 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $64,000 | None Listed On Document | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $44,000 | New Conventional |
Source: Greater Lansing Association of Realtors®
MLS Number: 291001
APN: 050-120-001-004-00
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