Property Attributes
- MLS#50220282
- TypeSingle Family
- Listing Status Active
- CountyLENAWEE
- CityAddison
- AreaAddison
- NeighborhoodDowntown Addison
- Zip49220
- StyleColonial
- Year Built1900
- Taxes$ 3504
- Price$ 174,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2400
- Lot Size0.04 Acres
Data Source:
MiRealSource (MIRS)
Property Description
Why just buy a home when your home can help pay for itself? This duplex offers a unique opportunity to combine homeownership with income potential—live comfortably in one unit while renting the other to help offset your monthly mortgage payment. Located in lenawee county both units have 2 bedrooms and 1 full bathroom. There is new flooring, updated electrical, and newer furnace & water heaters for each unit. This property is located downtown with views of mill pond. There is also lake access minutes away. For buyers looking to make a financially strategic move, this type of property can be an excellent way to reduce the cost of homeownership while beginning to build long-term wealth through real estate. Instead of carrying the entire housing expense yourself, you have the opportunity to put a portion of the property to work for you. Whether you’re a first-time buyer looking for a smarter path into homeownership, an experienced investor expanding your portfolio, or someone thinking ahead about future financial flexibility, this property offers options that a traditional single-family home simply can’t. Live in one. Rent the other. Build equity in both. This isn’t just a place to call home—it’s an opportunity to make your real estate purchase work harder for you.
| Price History | |
|---|---|
| 8/31/2026 | Listed $174,900 |
General Features
| Heating | Forced Air |
|---|---|
| Kitchen Level | First |
| Possession | At Close |
| Water | Public Water |
| Status | Active |
| Full Baths | 2 |
| Bathrooms | 2 |
| Year Built | 1900 |
| Subdivision | Downtown Addison |
| Style | Colonial |
| County | Lenawee |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 2 Story |
| Subj to Short Sale Apprvl | No |
| Area | Addison (46023) |
| Primary City | Addison |
| City | Addison |
| School District | Addison Community Schools |
| Lease Y/N | No |
| Originating MLS | Southeastern Border Association |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional,FHA |
| Legal Description | A PAR OF LD COMM 70 FT N OF SE COR BLK 3 TH W 53 FT S 30 FT TO BEG BLK NO 3 ORIGINAL PLAT VILLAGE OF ADDISON |
| DOM | 18 |
| Postal Code | 49220 |
| Price Per Sq Ft Total AG | 72.88 |
Interior Features
| Living Room Level | Main |
|---|---|
| Bedroom 3 Level | Second |
| Bedroom 1 Level | First |
| Bedroom 2 Level | First |
| Kitchen Length | 12 |
| Living Room Length | 12 |
| Bedroom 4 Width | 10 |
| Bedroom 2 Width | 11 |
| Bedroom 3 Width | 10 |
| Bedroom 4 Length | 10 |
| Bedroom 2 Length | 11 |
| Living Room Width | 12 |
| Bedroom 3 Length | 11 |
| Kitchen Width | 12 |
| Beds | 4 |
| Fireplace? | No |
| Total Rooms | 8 |
| Bedroom 1 Length | 11 |
| Bedroom 1 Width | 12 |
| Below Grade SqFt | 600 |
| Above Grade SqFt | 2400 |
| Basement Y/N | Yes |
| Breakfast Nook Length | 10 |
| Breakfast Nook Level | Second |
| Breakfast Nook Width | 10 |
| Total SqFt Finished | 2400 |
Exterior Features
| Exterior | Brick |
|---|---|
| Frontage | 30 |
| Lot Size Area | 0.04 |
| Pool (Y/N) | No |
| Lot Dimensions | 30x55 |
| Water Features | Water View |
| FOUNDATION TYPE | Basement |
| SEWER/SEPTIC | Public Sanitary |
| Waterfront Y/N | No |
| Garage Y/N | No |
| Frontage Type | Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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