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Side-by-Side Ranch Duplex
For Sale
Under Contract
$264,900

2978 Lee Marie Drive, Adrian, MI 49221

MULTIFAMILY, 1 Story, Adrian, MI

Property Size2,160 SF
Lot Size0.78 Acres
Price / SF$122.64
Days on Market92

Property Features for 2978 Lee Marie Drive

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Patio and Porch features Deck, Porch
Exterior features Deck, Porch
Appliances Water Softener - Owned
Elementary school district Adrian City School District
Middle school district Adrian City School District
High school district Adrian City School District
Subdivision Adrian Twp (46001)
Standard status Active Under Contract
APN AD0-127-2085-00
Size 2,160 SF
Lot size 0.78 Acres

Taxes and HOA fees

Tax Annual Amount 5019

Utilities

Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Private

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Architectural style Ranch
Listing Agency: The Wagley Group
Listed By: Jacob Patterson
Added: Jun 5 Changed: Sep 2 Last Checked: Sep 4 at 6:06PM
MLS# 50210329

Copyright © 2026 Lenawee County Association of REALTORS®. 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 contains 2,160 square feet within a ranch-style design built in 1965. The property includes deck and porch features, forced-air heating, central air, ceiling fans, and an owned water softener. Private water service is provided.

The 0.78-acre parcel is positioned on a quiet cul-de-sac in Adrian. Both units are occupied by long-term tenants, providing established occupancy for the current duplex configuration.

Key Highlights

  • Side‑by‑side ranch duplex with 2,160 square feet
  • 0.78‑acre parcel on a quiet cul‑de‑sac
  • Both units occupied by long‑term tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Pharmacy (Bike/Boat/Book/etc) Store Wine and Liquor Store Cosmetic Store Bed & Breakfast

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

13
Businesses Nearby

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

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

What type of property is this?
Duplex - Two connected ranch-style units on a quiet cul-de-sac parcel with established occupancy and outdoor deck and porch features.
Where is this duplex located?
The property is located at 2978 Lee Marie Drive 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 with 2,160 square feet; 0.78‑acre parcel on a quiet cul‑de‑sac; Both units occupied by long‑term tenants
More about this property
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