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

2978 Lee Marie Drive, Adrian, MI 49221

MULTI_FAMILY - Ranch - Adrian, MI

Property Size2,160 SF
Lot Size0.78 Acres
Price / SF$122.64
Days on Market69

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 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 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 Ceiling Fan(s), Central Air
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: Aug 1 Last Checked: Aug 12 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 well-maintained side-by-side ranch duplex offers a practical layout with both units occupied by long-term tenants. The property features a ranch architectural style and was built in 1965. Interior details include forced-air heating, central air cooling, and a water softener that is owned.

Set on a 0.78-acre lot in a quiet cul-de-sac, the home includes exterior deck and porch space for everyday use. With private water service, the property supports an owner-occupant or tenant-focused strategy.

Both units are currently occupied by long-term tenants, making this duplex suited for buyers seeking stable in-place residency and straightforward side-by-side duplex operation.

Key Highlights

  • Side‑by‑side ranch duplex with both units occupied by long‑term tenants
  • 0.78‑acre lot on a quiet cul‑de‑sac
  • Built in 1965

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

100%
Occupancy
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained side-by-side ranch duplex on 0.78 acres, built in 1965, with forced-air heating and central air.
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 both units occupied by long‑term tenants; 0.78‑acre lot on a quiet cul‑de‑sac; Built in 1965
More about this property
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