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Side-By-Side Duplex with Updated Interiors
New
For Sale
$250,000

115-117 S Fair Street, Otsego, MI 49078

MULTI_FAMILY - Otsego, MI

Lot Size0.11 Acres
Days on Market5

Property Features for 115-117 S Fair Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description P-O
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Half bathrooms 2
Rooms Basement, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 4
Parking 4
Parking features Driveway
Basement Crawl Space
Lot features Level, Sidewalk
Elementary school district Otsego
Middle school district Otsego
High school district Otsego
Directions US 131 to Otsego Exit, Then West on M-89/E. Allegan St to Fair, S on Fair & Property Is on East Side of Road.
Standard status Active
APN 54-104-040-50
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description COM 16 1/2' S OF NW COR OF LOT 40 BLK 4 TH SELY PPL WITH N LIN OF SD LOT 12' TH SWLY PPL WITH W LIN OF SD LOT 52' TH NWLY PPL WITH N LIN OF SD LOT 12' M/L TO W LIN OF SD LOT TH NELY ALG W LIN OF SD LOT 52' M/L TO POB ALSO NLY 68.5' OF LOT 43 BLK 4 EX NLY 16 1/2' THEREOF O. P. SEC 22 & 23.
Tax Annual Amount 2004
Legal Description COM 16 1/2' S OF NW COR OF LOT 40 BLK 4 TH SELY PPL WITH N LIN OF SD LOT 12' TH SWLY PPL WITH W LIN OF SD LOT 52' TH NWLY PPL WITH N LIN OF SD LOT 12' M/L TO W LIN OF SD LOT TH NELY ALG W LIN OF SD LOT 52' M/L TO POB ALSO NLY 68.5' OF LOT 43 BLK 4 EX NLY 16 1/2' THEREOF O. P. SEC 22 & 23.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

large shared front porch
storage shed

Building Details

Year built 1920
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Best Homes of Michigan Allegan
Listed By: Brian Timm
Added: Jul 28 Changed: Aug 1 Last Checked: Aug 1 at 11:06AM
MLS# 26038901

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This side-by-side duplex offers two clean, spacious units with separate utilities. Both units are 2-bedroom and 1 1/2-bath homes. The interiors have been updated with newer windows and flooring, along with newer furnaces and water heaters. Kitchen updates include quartz countertops, dishwasher, stove, refrigerator, and microwave. Both sides also feature a two-year-old shower unit. The property includes a large shared front porch for tenant enjoyment, plus a storage shed.

The exterior has some siding work needs and minor porch maintenance. Parking is provided via driveway, and the home is heated by forced air with central air. The roof is composition. Built in 1920, the square footage is approximate and the property is being sold as-is.

An adjoining vacant lot parcel, #03-54-104-043-00, is included in the sale.

Key Highlights

  • Side‑by‑side duplex with separate utilities for both units
  • Two units: 2 bedrooms and 1 1/2 baths each
  • Interior updates include newer windows, flooring, furnace, and water heater

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

Demographics for 49078, MI

9,483
Population
4,315
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
49.5 sq mi
ZIP Area
192
Density / Sq Mi
$77,517
Median Household Income
$44,956
Median Earnings
$1,106
Median Rent
$189,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex with separate utilities and central air, featuring updated windows, flooring, and major mechanicals.
Where is this duplex located?
The property is located at 115-117 S Fair Street Otsego, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Side‑by‑side duplex with separate utilities for both units; Two units: 2 bedrooms and 1 1/2 baths each; Interior updates include newer windows, flooring, furnace, and water heater
More about this property
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