4-Unit Apartment
For Sale
$249,900
Pending
124 S Ottawa St, Tecumseh, MI 49286
Fully occupied apartments with individual electric metering, shared natural gas service, and additional garage space.
Property Size2,461 SF
Days on Market49
Property Features for 124 S Ottawa St
General Information
Standard status
Pending
Size
2,461 SF
Total Parking Spaces
2
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Additional Details
Asking Price
$259,900
Taxes and HOA fees
Annual Taxes
$4,761
Amenities
wraparound porch
Building Details
Building Size
2,461 SF
Year Built
1880
Units
4
Listing Agency:
Howard Hanna Real Estate Services-Tecumseh
Listed By:
David Corder · License #6502332298&6502357
(517) 403-9710
Source:
Elliman
Added: Aug 21
Changed: Sep 24
Last Checked: Oct 7 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Real Estate Services-Tecumseh
Investment Insights
Based on property information with market context.
Built in 1880, this four-unit residential income property includes four one-bedroom apartments. The units are fully occupied, and each has a separate electric meter; natural gas service is shared among the four residences. A wraparound porch, newer siding, and a 2-car garage add to the property’s physical features and utility.
The property is positioned one block from downtown Tecumseh, with shopping, dining, and other amenities nearby. Its configuration combines four individually metered apartments with shared gas service and on-site garage space in a compact multifamily asset.
The property is positioned one block from downtown Tecumseh, with shopping, dining, and other amenities nearby. Its configuration combines four individually metered apartments with shared gas service and on-site garage space in a compact multifamily asset.
Key Highlights
- Four 1‑bedroom units in a quadplex configuration
- Fully occupied residential income property
- Separate electric meter for each unit
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
Demographics for 49286, MI
14,991
Population
6,144
Households
2.4
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
58.2 sq mi
ZIP Area
258
Density / Sq Mi
$73,054
Median Household Income
$37,480
Median Earnings
$954
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied apartments with individual electric metering, shared natural gas service, and additional garage space.
Where is this quadplex located?
The property is located at 124 S Ottawa St Tecumseh, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Four 1‑bedroom units in a quadplex configuration; Fully occupied residential income property; Separate electric meter for each unit
