Side-by-Side Ranch
For Sale
$264,900
Pending
2978 Lee Marie Dr, Adrian, MI 49221
Well-maintained side-by-side duplex with long-term tenants, offering a practical owner-occupant or rental layout.
Property Size2,160 SF
Days on Market73
Property Features for 2978 Lee Marie Dr
General Information
Standard status
Pending
Size
2,160 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,018
Building Details
Building Size
2,160 SF
Year Built
1965
Units
2
Tenancy
Multi
Listing Agency:
The Wagley Group
(517) 260-0801
Listed By:
Jacob Patterson
(517) 260-0801
Source:
Elliman
Added: Jun 15
Changed: Aug 8
Last Checked: Jul 24 at 10:52AM
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 The Wagley Group
Investment Insights
Based on property information with market context.
This for-sale duplex is a well-maintained side-by-side ranch configuration designed for straightforward two-unit living. The property has been cared for with thoughtful maintenance and updates over the years, and both units are currently occupied by long-term tenants. The overall site sits on over a half-acre and is arranged for comfortable everyday use.
The duplex is located in a quiet cul-de-sac setting within Adrian. Area mobility is largely car-dependent, with a Walk Score of 3 and a Bike Score of 30 indicating somewhat limited biking access compared to walking.
For buyers seeking a property that is already performing operationally, this duplex provides the practical benefit of existing, occupied units. It can also fit an owner-occupant plan where one unit is lived in while the other remains rented, supported by the side-by-side layout and current tenant occupancy.
The duplex is located in a quiet cul-de-sac setting within Adrian. Area mobility is largely car-dependent, with a Walk Score of 3 and a Bike Score of 30 indicating somewhat limited biking access compared to walking.
For buyers seeking a property that is already performing operationally, this duplex provides the practical benefit of existing, occupied units. It can also fit an owner-occupant plan where one unit is lived in while the other remains rented, supported by the side-by-side layout and current tenant occupancy.
Key Highlights
- Side‑by‑side ranch duplex built in 1965
- Over 1/2 acre lot on a quiet cul‑de‑sac
- Both units are occupied by long‑term tenants
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 49221, MI
41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained side-by-side duplex with long-term tenants, offering a practical owner-occupant or rental layout.
Where is this duplex located?
The property is located at 2978 Lee Marie Dr Adrian, MI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Side‑by‑side ranch duplex built in 1965; Over 1/2 acre lot on a quiet cul‑de‑sac; Both units are occupied by long‑term tenants
