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    Adrian, MI
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    Adrian, MI Multifamily Properties for Sale

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    6 properties
    Downtown Mixed-Use Building
    Updated: Mar 18
    Downtown Mixed-Use Building

    114 E Maumee Street, Adrian, MI 49221

    $265,000
    4,095 sqft 0.30 AC lot
    Three residential units plus a retail store
    4,095‑square‑foot mixed‑use building
    Long‑term tenants in place
    0.3‑acre property at 114 E Maumee Street, Adrian, MI 49221
    Built in 1900 with a flat roof
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    Brick Duplex with Garage
    Updated: Jul 23
    Brick Duplex with Garage

    414 Division Street, Adrian, MI 49221

    $142,500
    0.17 AC lot
    City‑registered and certified duplex currently used as a single‑family residence
    1845 construction with brick exterior
    0.17‑acre lot with fenced yard
    First floor includes 2 bedrooms, living room, dining room, kitchen, laundry room, and full bath
    Second floor includes 2 bedrooms, kitchen, full bath, and flexible living room space
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    Side-by-Side Ranch Duplex
    Side-by-Side Ranch Duplex

    2978 Lee Marie Drive, Adrian, MI 49221

    $264,900
    2,160 sqft 0.78 AC lot

    Two connected ranch-style units on a quiet cul-de-sac parcel with established occupancy and outdoor deck and porch features.

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    See what stands out in Lenawee County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Historic Duplex with Garage
    Historic Duplex with Garage

    414 Division St, Adrian, MI 49221

    $142,500
    2,035 sqft

    Certified duplex with separate living areas, fenced outdoor space, garage, and whole-house generator.

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    Side-by-Side Ranch Duplex
    Side-by-Side Ranch Duplex

    2978 Lee Marie Dr, Adrian, MI 49221

    $264,900

    Well-maintained side-by-side duplex with long-term tenants, offering a practical owner-occupant or rental layout.

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    Manufactured Home and RV Community
    Manufactured Home and RV Community

    1142 Lansing St, Adrian, MI 49221

    Contact for pricing

    Recently redeveloped 123-pad mobile home community situated on nearly 10 acres along the Michigan-Ohio border.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Adrian, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Equipped Brewery and Taproom
    Equipped Brewery and Taproom

    128 W Chicago Blvd, Tecumseh, MI 49286

    $920,000
    4,648 sqft

    Full-service brewing, dining, and residential components are combined with a separate production facility and included operating equipment.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    3987 W M 50 Highway, Tipton, MI 49287

    $249,900
    7,200 sqft 0.18 AC lot

    Two-story property with forced-air heating and private water service.

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    Two Duplexes and Vacant Lot
    Two Duplexes and Vacant Lot

    800 WASKIN Dr, Tecumseh, MI 49286

    Contact for pricing
    0.23 AC lot

    Two side-by-side duplexes with a vacant lot for sale.

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    Tipton 8-Unit Investment Property
    Tipton 8-Unit Investment Property

    Tipton, MI 49287

    $249,900
    0.18 AC lot

    8-unit investment property in Tipton, Michigan with easy commute.

    View details

    Adrian, MI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Adrian, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,290 square feet of properties for sale, with an estimated market value of $1,079,800.

    Sale prices for multifamily properties in Adrian, MI start at $142,500, averaging $215,960, and reaching up to $265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Mobile home & RV parks 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +1.1%
    Median Household Income $57,316
    College Educated 31.7%

    High-Yield Neighborhoods for Investment

    Identify Adrian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49221 $301.4K

    Taxes & Financing

    Tax Rate (average for all types) 4.56%
    Property Tax per SF $84.73 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lenawee County

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    Most Searched ZIP Codes in Adrian, MI

    • 49221

    Featured Adrian Real Estate Agencies

    Realmo connects you with licensed Adrian CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Foundation Realty
    3282 N Adrian Hwy Adrian, MI 49221
    Phone: 15172668888
    foundationlenawee.com
    The Wagley Group
    245 N. Winter St. Adrian, MI 49221
    Phone: 15172656000
    www.JoeSells.com

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