Mason Erpelding
The Wagley Group
(517) 759-7956
17 Total Sales
8 in Adrian
$136K - $229K Price Range
632 Division St Adrian, MI 49221
Adrian Area
4
Beds
3
Baths
1,780
Sq Ft
0.27
Acre Lot
Highlights
- Farmhouse Style Home
- Separate Outdoor Workshop
- Porch
- Fenced Yard
- 1 Car Detached Garage
- Patio
About This Home
As of August 2026Discover a lucrative investment opportunity with this 3-unit multi-family property located in the heart of Adrian. Generating a robust gross rental income of $2,250 per month, this property offers a steady cash flow while tenants cover their own electric bills, enhancing your profit margins. Ideal for seasoned investors or those looking to enter the rental market, this property combines convenience and financial potential in a desirable location. Don't miss your chance to secure this income-generating asset today. Furnace 1 year old.
Last Agent to Sell the Property
Foundation Realty, LLC License #lcar Listed on: 01/20/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 11,761 Sq Ft Lot
- Lot Dimensions are 181x72
- Fenced Yard
Home Design
- Farmhouse Style Home
Interior Spaces
- 2-Story Property
- Window Treatments
- Storm Screens
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Basement
- Michigan Basement
- Sump Pump
Parking
- 1 Car Detached Garage
- Unassigned Parking
Outdoor Features
- Patio
- Separate Outdoor Workshop
- Porch
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number XA0-422-3024-00
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
Listed on
Oct 26, 2021
Closed on
Nov 23, 2021
Sold by
Allen Barbara J
Bought by
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Marcia Randall
Foundation Realty, LLC
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$58,500
Outstanding Balance
$52,598
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$86,701
Purchase Details
Listed on
Jul 9, 2012
Closed on
Aug 9, 2012
Sold by
Najera Francisco and Najera Lydia
Bought by
Pant Logan
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Jeff Rising
Cornerstone Real Estate
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Purchase Details
Closed on
Nov 21, 2009
Sold by
Najera Francisco F
Bought by
Najera Francisco and Najeria Lydia
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adrian, MI
-
Mason Erpelding
-
Kendrick Taylor
Kendrick Taylor
Xsell Realty
(517) 759-7770
32 Total Sales
4 in Adrian
$162K - $173K Price Range
-
Kimberly Carey
Kimberly Carey
NextHome Elevate in Temperance
(567) 666-7489
139 Total Sales
4 in Adrian
$48K - $386K Price Range
-
Eric Frontiera
Eric Frontiera
Brookstone Realtors LLC
(989) 341-8045
25 Total Sales
1 in Adrian
$125,000 Price
-
Jeff Rising
Jeff Rising
Cornerstone Real Estate
(517) 300-3106
228 Total Sales
80 in Adrian
$5K - $2M Price Range
-
Danielle Stepp
Danielle Stepp
Foundation Realty, LLC-Tecumseh
(517) 684-2757
276 Total Sales
40 in Adrian
$63K - $550K Price Range
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $25,953 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $58,500 | Commercial |
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 |
|---|---|---|---|---|---|
| 08/04/2026 08/04/26 | Sold | $132,500 | -5.3% | $74 / Sq Ft | |
| 01/20/2026 01/20/26 | For Sale | $139,900 | +19.6% | $79 / Sq Ft | |
| 04/01/2024 04/01/24 | Sold | $117,000 | -6.3% | $66 / Sq Ft | View Prior Sale |
| 02/05/2024 02/05/24 | For Sale | $124,900 | +92.2% | $70 / Sq Ft | |
| 11/23/2021 11/23/21 | Sold | $65,000 | -11.0% | $37 / Sq Ft | View Prior Sale |
| 10/26/2021 10/26/21 | For Sale | $73,000 | +128.1% | $41 / Sq Ft | |
| 08/10/2012 08/10/12 | Sold | $32,000 | -19.8% | $18 / Sq Ft | View Prior Sale |
| 07/11/2012 07/11/12 | Pending | -- | -- | -- | |
| 07/09/2012 07/09/12 | For Sale | $39,900 | -- | $22 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $3,824 | $55,500 | $0 | $0 |
| 2025 | $2,989 | $51,500 | $0 | $0 |
| 2024 | $26 | $45,300 | $0 | $0 |
| 2023 | $3,174 | $41,600 | $0 | $0 |
| 2022 | $2,237 | $38,800 | $0 | $0 |
| 2021 | $1,890 | $35,800 | $0 | $0 |
| 2020 | $1,878 | $36,100 | $0 | $0 |
| 2019 | $85,655 | $30,900 | $0 | $0 |
| 2018 | $1,811 | $36,940 | $0 | $0 |
| 2017 | $1,759 | $29,923 | $0 | $0 |
| 2016 | $1,745 | $30,485 | $0 | $0 |
| 2014 | -- | $29,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Keller
Seller's Agent in 2026
Adam Keller
Foundation Realty, LLC
(419) 343-0249
110 Total Sales
-
Amy Simpkins
Seller's Agent in 2024
Amy Simpkins
Goedert Real Estate - Adr
(517) 270-2016
137 Total Sales
-
Marcia Randall
Seller's Agent in 2021
Marcia Randall
Foundation Realty, LLC
(517) 206-5237
106 Total Sales
-
JR
Seller's Agent in 2012
Jeff Rising
Cornerstone Real Estate
Map
Source: Michigan Multiple Listing Service
MLS Number: 50197905
APN: XA0-422-3024-00
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Source MLS: MiRealSource
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