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Two-Unit Duplex Requiring Rehabilitation
For Sale
$39,900
Pending

219 W Chestnut Street, Albion, MI 49224

Two residential units offer matching two-bedroom, one-bath layouts within a 1915-built property.

Property SizeContact for details
Days on Market538

Property Features for 219 W Chestnut Street

General Information

Standard status Pending
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence ready for a full rehab

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,172

Building Details

Year Built 1915
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Andrew T Mellen
Source: Exitrealty
Added: Mar 11, 2025 Changed: Aug 29 Last Checked: Aug 30 at 2:25PM

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 Berkshire Hathaway HomeServices MI

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. Built in 1915, the property requires a full rehabilitation, creating a renovation-focused project for a purchaser prepared to update the improvements.

The property is located on W Chestnut Street in Albion, near downtown, schools, and parks. Its two-unit configuration and consistent layouts provide a clear starting point for evaluating the scope of work and future use.

Key Highlights

  • Two‑unit duplex with 2‑bed, 1‑bath layouts
  • Full rehabilitation project
  • Built in 1915

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office 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

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 49224, MI

13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
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 - Two residential units offer matching two-bedroom, one-bath layouts within a 1915-built property.
Where is this duplex located?
The property is located at 219 W Chestnut Street Albion, MI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bed, 1‑bath layouts; Full rehabilitation project; Built in 1915
More about this property
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