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Sold on 11/28/2023
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502 Ormsby St, Adrian, MI 49221

$130,000

Last sold 11/28/2023 for $25K

  • —

    bed

  • 2

    bath

  • 1,765

    Sqft ($14/Sqft)

Multi-family not for sale
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About 502 Ormsby St

Property type Multi-family
Neighborhood
Year built 1860
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Rental estimate
Property description
This 2-bathroom multi-family property is located at 502 Ormsby St, Adrian, MI, 49221 in Lenawee County and was built in 1860. The property offers 1,765 square feet of living space on a 3,920 sq ft (0.09-acre) lot. It last sold for $25,000 on 2023-11-28. The estimated market value is $130,000, approximately $74 per square foot.
Overview
Cooling/AC None
Heating ForcedAir, NaturalGas, SeparateMeters
Levels/Style Two, Duplex
Status Closed
SubType Multi Family
Living Area 1765
MLS # 57050124059
Lot Size (Acres) 0.09
Property Tax 1580
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 4
Exterior
Construction Vinyl Siding
Foundation Basement, MichiganBasement, Stone
Lot Features Many Trees
Location
Subdivision ORIGINAL OF ADRIAN CITY
Community Features Sidewalks
High School District Adrian
APN XA0002500100
Zoning Multi-Family
$130K
Range: $79.3K-$180K
Last 30 days 
Rental est.: $1,142/month
Gross rent multiplier: 1.8 - Excellent
  • Aug 2026
  • Aug 11, 2026 Delisted
    $25,000
  • Oct 2, 2023 Listed
    $24,900
  • Year Property taxes Tax assessment
  • 2024
    $4,028 +79.7%
    $50,900 +7.16%
  • 2023
    $2,241 -19.1%
    $47,500 +18.16%
  • 2021
    $2,770 +87.0%
    $40,200 +16.52%
  • 2020
    $1,481 -98.0%
    $34,500 -5.33%
  • 2018
    $74,377 +9651.4%
    $36,441 +25.78%
  • 2017
    $763
    $28,971
  • 502 Ormsby St
    $25K
  • 13092 - Adrian
    —
  • 49221
    $234K -6% y/y
  • Adrian
    $225K -9% y/y
No chart available
Statistics calculated by Movoto

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5/10
Adrian High School
public Grades 8-12
Adrian, School District Of The City Of
Source: GreatSchools.org © 2026. All rights reserved.

Around 13092 - Adrian

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