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Side-by-Side Duplex

115-117 S Fair Street, Otsego, MI 49078

For Sale
New
$235,000

Multi Family, Otsego, MI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market3

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 Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 3, Basement, Bathroom 2, Bathroom 3, Bedroom 1
Parking 4
Basement Partial, 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 Phone Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

shared front porch
storage shed

Building Details

Year built 1920
Number of units 2
Building materials Brick, Wood Siding
Roof type Composition
Listing Agency: Best Homes of Michigan Allegan
Listed By: Brian Timm
Added: Nov 7 Last Checked: Nov 9 at 5:06AM
MLS# 26059145

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two side-by-side residences, each configured with two bedrooms and one and a half bathrooms. Both interiors have newer windows, flooring, furnaces, and water heaters, along with updated kitchens featuring quartz countertops, dishwashers, ranges, refrigerators, and microwaves. Each unit also has a shower unit installed two years ago.

The property includes a large shared front porch and a storage shed. Exterior improvements include fresh paint, replacement basement glass windows, and new porch steps. An adjoining vacant parcel is included in the sale. Downtown Otsego is a short walk away, with Kalamazoo and Grand Rapids described as an easy commute.

Key Highlights

  • Two side‑by‑side residences, each with 2 bedrooms and 1 1/2 baths
  • Separate utilities for each unit
  • Updated kitchens with quartz countertops and included appliances

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

288
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers two bedrooms, one and a half baths, separate utilities, and an updated kitchen.
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 $235,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 2 bedrooms and 1 1/2 baths; Separate utilities for each unit; Updated kitchens with quartz countertops and included appliances
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