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632 Division St Adrian, MI 49221

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For Sale
$139,900

Three-unit property in Adrian generating $2,250 monthly income.

Type:Investment
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 8:28 pm

Property Features for 632 Division St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900

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Listing Contact
Adam Keller

Listing agent Adam Keller License #lcar

Listing office Foundation Realty

Listing date Apr 24, 2026

Source Elliman

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 Foundation Realty


Overview

Adrian Multi-Family Investment Opportunity

This three-unit multi-family property is located in Adrian and generates a gross rental income of $2,250 per month. Tenants are responsible for their own electric bills. The property is suitable for investors seeking a rental income opportunity. The furnace is one year old. The location has a walk score of 71, indicating it is very walkable, and a bike score of 48, indicating it is somewhat bikeable.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Adrian
County
Lenawee
State
Michigan
Longitude
-84.033864
Latitude
41.890859

FAQs

What type of property is this?
Triplex - Three-unit property in Adrian generating $2,250 monthly income.
Where is this triplex located?
The property is located at 632 Division St Adrian, MI.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Generates $2,250 per month in gross rental income.; Tenants pay their own electric bills, increasing profit margins.; Located in a desirable location within Adrian.
More about this property
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