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Updated Duplex with Basement Bath
For Sale
$175,000

514 Hampton St, Owosso, MI 48867

Two-unit property with shared basement laundry, a full bathroom, and additional space that may support future finishing.

Property Size3 SF
Days on Market116

Property Features for 514 Hampton St

General Information

Standard status Active
Size 3 SF
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,127

Amenities

laundry

Building Details

Building Size 3 SF
Year Built 1920
Units 2
Listing Agency: Homes-N-Land Real Estate
Listed By: Liz Dysinger · License #6504373227
Source: Elliman
Added: May 10 Changed: Aug 30 Last Checked: Aug 31 at 4:18PM

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 Homes-N-Land Real Estate

Investment Insights

Based on property information with market context.

Built in 1920, this duplex includes two residential units, with the upper unit currently leased. Both units have received updates within the last 10 years and are described as being in good condition.

The basement provides laundry facilities serving both units along with a full bathroom. Its existing layout also offers unfinished area that could be converted into additional living space, subject to applicable requirements. The property is located on Hampton St in Owosso, Michigan, with a Walk Score of 52 and a Bike Score of 47.

Key Highlights

  • Duplex with two residential units
  • Upper unit is currently rented
  • Updates completed within the last 10 years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store Computer & Electronic Repair

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

183
Businesses Nearby

Demographics for 48867, MI

27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
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 - Two-unit property with shared basement laundry, a full bathroom, and additional space that may support future finishing.
Where is this duplex located?
The property is located at 514 Hampton St Owosso, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Duplex with two residential units; Upper unit is currently rented; Updates completed within the last 10 years
More about this property
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