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Sold on 12/13/2020

211 E Main St, Addison, MI 49220

$475,000

Last sold 12/13/2020 after 9 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 211 E Main St

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Lot size 0.33 Acre
Property description
Turn key investment property with very low vacancy rate. Popular location across from Addison High School. Great walk-ability to all Addison has to offer. 11 unit building offers ten 2 bedroom apartments and one efficiency apartment. Average monthly rent is $550/m with one efficiency apartment at $365 a month. Excellent cap rate, with room to increase income. Property has below average vacancy rates and has been 100% occupied since 2018.
Listed by
Listing Agent - Kittyanne Latocki
Listing Office - Production Realty
Source: MiRealSource, Inc mls logo
MLS#40128445 • last updated 5 years ago
Movoto checked MiRealSource, Inc for data 5 minutes ago
Overview
Heating Space Heater
Status Closed
Type Multi-Family
Lot Size (Acres) 0.33
Total Tax Amount 6585.63
Year Built 1973
Exterior
Lot Desc Sidewalks
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Location
County Addison (46023)
Zoning Lenawee Addison
  • Mar 2025
    mls logo MLS # 81024042692
  • Mar 11, 2025 Sold
    $560,000
  • Dec 18, 2024 Pending
    —
  • Sep 25, 2024 Listed
    $750,000
  • Aug 28, 2024 Pending
    —
  • Aug 1, 2024 Listed
    $750,000
  • Mar 2025
    mls logo MLS # 70425150
  • Mar 11, 2025 Sold
    $560,000 (-25.3%)
  • Dec 18, 2024 Pending
    —
  • Sep 25, 2024 Listed
    —
  • Aug 28, 2024 Pending
    —
  • Aug 1, 2024 Listed
    $750,000 (+57.9%)
  • Mar 2021
    mls logo MLS # 55202003590
  • Mar 16, 2021 Sold
    $475,000
  • Dec 21, 2020 Contingent - Continue To Show
    —
  • Dec 4, 2020 Listed
    $475,000
  • Mar 2021
    mls logo MLS # 55021034765
  • Mar 16, 2021 Sold
    $475,000
  • Dec 4, 2020 Listed
    $475,000
  • Mar 2021
    mls logo MLS # 40128445
  • Mar 16, 2021 Sold
    $475,000
  • Dec 4, 2020 Listed
    $475,000
  • Oct 2019
    mls logo MLS # 55201903866
  • Oct 16, 2019 Listed
    $475,000
  • May 2019
    mls logo MLS # 70292972
  • May 9, 2019 Expired
    —
  • Jun 12, 2018 Listed
    $475,000 (+48.9%)
  • Sep 2011
    mls logo MLS # 20009319
  • Sep 2, 2011 Sold
    $319,000 (-4.8%)
  • May 12, 2011 Listed
    $335,000
  • Year Property taxes Tax assessment
  • 2024
    $761 +17.2%
    $15,400 -1.28%
  • 2023
    $649 +15.9%
    $15,600 -3.7%
  • 2021
    $560 +2.0%
    $16,200 +11.72%
  • 2020
    $549
    $14,500
  • 211 E Main St
    $475K
  • Addison (46023)
    —
  • 49220
    $214K -10% y/y
  • Addison
    $586K +9% y/y
No chart available
Statistics calculated by Movoto

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5/10
Addison Elementary School
public Grades K-5
Addison Community Schools
6/10
Addison Middle School
public Grades 6-8
Addison Community Schools
5/10
Addison High School
public Grades 9-12
Addison Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Addison (46023)

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