$249,900

124 S Ottawa St Tecumseh, MI 49286

$2,968
Closing credit¹
4 full
2,416 sqft
0.1 acres
$103 / sqft
Multi-Family

Property details

About 124 S Ottawa St

Great investment opportunity in the heart of Tecumseh, MI! This fully rented, well-maintained 4-plex unit offers a fantastic income stream with nearly $30,000 in gross annual income. Whether you're an experienced investor or just starting out, this property provides an immediate return on investment with all units currently occupied. Located in a desirable area of Tecumseh, this property is convenient to local amenities, schools, and major highways, making it an attractive option for tenants. Don’t miss the chance to own this income-producing asset with stable, reliable cash flow. Act quickly—properties like this don’t last long! Schedule a showing today to explore the potential of this excellent multi-family investment!

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size2,416 sqft
BasementYes
Lot size0.13 Acres
Year built1880
ParkingGarage, Other
MLS #20250011499

Summary

  • MLS Number: 20250011499
  • MLS Name: Realcomp II Ltd
  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 724-1234
  • Listing Agent: Michael J Allen, Brendan Madigan

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a porch

$249,900

124 S Ottawa St

$2,968

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 02, 2018
Home Sold
$85,000
Jun 10, 2013
Home Sold
$44,000

Tax history

YearAssessmentProperty Tax
2024$87,000$4,338
2023$80,300$4,160
2022$76,700$4,160
2021$74,200$4,292
2019$66,200$4,173
2018$60,800$3,619
2017$58,900$3,612

History based on county public records data.

Nearby schools

4

Clinton Elementary School

Public District KG-5

4.6 mi

200 E Franklin St

4

Alexander Elementary School

Public District KG-5

8.5 mi

520 Cherry St

5

Lincoln Elementary School

Public District PK-5

9.3 mi

158 S Scott St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,536. The most common annual income of people living in Tecumseh, MI is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
55%
35k-100k
28%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 124 S Ottawa St in Tecumseh, MI and zip code 49286. This 2,416 square foot home, which was built in 1880, sits on a 0.13 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $249,900.

In February 2025, from all listings sold in Tecumseh, MI there were more than 3 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Tecumseh, MI increased by 2% between January and February 2025. While the average time on the market in February 2025 was 110 days, the median list price was $272,000.

From Rocket Homes Real Estate and based on county public records data.

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