#56050173783, Marcia Randall, Listing office: Foundation Realty, LLC
$175,000 List price
242 Division St Adrian, MI 49221
7 beds
6 full
2,543 sqft
0.3 acres
$69 / sqft
Multi-Family
Property details
About 242 Division St
Check out this 6 unit multifamily in Adrian. This property includes 3 one bedroom and 3 efficiency apartments. Tenant pays their own electric and the landlord pays gas, garbage and lawncare.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Keep Showing-Contgcy Appl)
(Keep Showing-Contgcy Appl)
CoolingCeiling Fan(s)
Size2,543 sqft
BasementYes
Lot size0.34 Acres
Year built1900
ParkingTwo Car Garage, Detached
MLS #56050178469
Garage2 spaces
Summary
- Full Bathrooms: 6
- Appliances: Oven, Refrigerator, Range
- Basement: Yes
- Total Bedroom Count: 7
- Garage Space: 2 spaces
- Parking: Two Car Garage, Detached
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s)
- List Price: $175,000
- Price/SqFt: $68
- Annual Tax Amount: $2,741
- Tax Year: 2024
- Year Built: 1900
- Living Area: 2,543 SqFt
- Lot Size: 0.34 Acres
- MLS Number: 56050178469
- MLS Name: Lenawee County Association of REALTORS
- Office Name: Front Street Realty
- Listing Agent: Alexis Mattison
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Last updated on: 7/11/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $75,000 | $2,741 |
| 2023 | $92,800 | $- |
| 2022 | $73,100 | $5,073 |
| 2021 | $71,000 | $2,545 |
| 2019 | $59,600 | $2,505 |
| 2018 | $53,700 | $2,384 |
| 2017 | $52,100 | $2,365 |
History based on county public records data.
Nearby schools
4
Alexander Elementary School
Public District KG-5
0.9 mi
•520 Cherry St
3
Michener Elementary School
Public District PK-5
1.0 mi
•104 Dawes Ave
5
Lincoln Elementary School
Public District PK-5
1.0 mi
•158 S Scott St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,711. Most Adrian, MI residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
74%
<35k
24%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
18%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Church's Chicken
Popeyes
What do the neighbors drive?
Buick
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 242 Division St
The listing price of 242 Division St property is $175,000.
The property 242 Division St is a multi located in Adrian, Michigan, 49221.
Accepting Backup Offers: 242 Division St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 242 Division St are: Alexander Elementary School (GreatSchools Rating 4/10), Michener Elementary School (GreatSchools Rating 3/10), Lincoln Elementary School (GreatSchools Rating 5/10), Springbrook Middle School (GreatSchools Rating 4/10), Madison Middle School (GreatSchools Rating 6/10), Patterson Intermediate Learning Center (GreatSchools Rating 5/10), Adrian Community High School (GreatSchools Rating 1/10), Adrian High School (GreatSchools Rating 5/10), Madison High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,741 (source: MLS/based on county public records data).
The property 242 Division St is 2,543 SqFt (source: MLS/tax record).
The year of construction for 242 Division St is 1900.
This home is located at 242 Division St in Adrian, MI and zip code 49221. This 2,543 square foot home, which was built in 1900, sits on a 0.34 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $175,000.
In June 2025, from all listings sold in Adrian, MI there were more than 11 sold above asking price, over 15 sold below and more than 9 were sold right at the asked price. In June 2025 in Adrian, MI there were 30% more homes for sale than in May. In June 2025 median list price was $205,000 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.