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Two-Unit Duplex
For Sale
$195,000

627 W Maumee St, Adrian, MI 49221

Upper and lower residences each offer two bedrooms, one full bath, and laundry hookups.

Property SizeContact for details
Days on Market12

Property Features for 627 W Maumee St

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,617

Building Details

Year Built 1860
Units 2
Listing Agency: Cornerstone Real Estate
Listed By: Jeffrey Rising · License #6506043439
Source: Elliman
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 11 at 6:46AM

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 Cornerstone Real Estate

Investment Insights

Based on property information with market context.

Built in 1860, this Adrian duplex has one residence on each of its two levels. Both units include two bedrooms, one full bathroom, and laundry hookups. Electric service is separately metered; gas and water are billed together on one account.

The property is at 627 W Maumee St, a few blocks from downtown Adrian. Its Bike Score is 51, indicating a bikeable area, while the Walk Score is 26, categorized as car-dependent.

Key Highlights

  • Two residences, arranged on the upper and lower levels
  • Each unit has 2 bedrooms, 1 full bath, and laundry hookups
  • Built in 1860

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

707
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Upper and lower residences each offer two bedrooms, one full bath, and laundry hookups.
Where is this duplex located?
The property is located at 627 W Maumee St Adrian, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two residences, arranged on the upper and lower levels; Each unit has 2 bedrooms, 1 full bath, and laundry hookups; Built in 1860
More about this property
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