Property Attributes
- MLS#50220282
- TypeSingle Family
- Listing Status Active
- MunicipalityAddison
- CountyLenawee
- CityAddison
- NeighborhoodAddison
- Zip49220
- StyleSingle Family Residence
- Year Built1900
- Price$ 164,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2400
- Lot Size0.04 Acres
Data Source:
MichRIC Datashare (MichRIC, Realcomp, MiRealSource)
Property Description
Why just buy a home when your home can help pay for itself? This duplex offers a unique opportunity to combine homeownership with income potential—live comfortably in one unit while renting the other to help offset your monthly mortgage payment. Located in lenawee county both units have 2 bedrooms and 1 full bathroom. There is new flooring, updated electrical, and newer furnace & water heaters for each unit. This property is located downtown with views of mill pond. There is also lake access minutes away. For buyers looking to make a financially strategic move, this type of property can be an excellent way to reduce the cost of homeownership while beginning to build long-term wealth through real estate. Instead of carrying the entire housing expense yourself, you have the opportunity to put a portion of the property to work for you. Whether you’re a first-time buyer looking for a smarter path into homeownership, an experienced investor expanding your portfolio, or someone thinking ahead about future financial flexibility, this property offers options that a traditional single-family home simply can’t. Live in one. Rent the other. Build equity in both. This isn’t just a place to call home—it’s an opportunity to make your real estate purchase work harder for you.
| Price History | |
|---|---|
| 8/31/2026 | Listed $174,900 |
| 9/24/2026 | 6$164,900 |
General Features
| Sewer | Public |
|---|---|
| Heating | Forced Air |
| Construction Materials | Brick |
| Year Built | 1900 |
| Township | Addison |
| Property Subtype | Single Family Residence |
| County | Lenawee |
| Property Type | Residential |
| Subdivision Name | Addison |
| Garage Y/N | false |
| Total Rooms | 7 |
| Status | Active |
| City | Addison |
| Lot Size Units | Acres |
| Lot Size Square Feet | 1742.4 |
| Listing Terms | Cash,Conventional,FHA |
| Standard Status | Active |
| Legal Description | A PAR OF LD COMM 70 FT N OF SE COR BLK 3 TH W 53 FT S 30 FT TO BEG BLK NO 3 ORIGINAL PLAT VILLAGE OF ADDISON |
Interior Features
| Heating Y/N | true |
|---|---|
| Total Baths | 2 |
Exterior Features
| Lot Size Area | 0.04 |
|---|---|
| Building Area Total | 2400 |
| Lot Dimensions | 30x55 |
| Lot Size Acres | 0.04 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49220
In The Neighborhood
Addison
$ 149,900
- Type
- Single Family
- Size
- 1,158 SqFt
- Rooms
- 3 Beds + 1 Baths
Addison
$ 475,000
- Type
- Single Family
- Size
- 2,467 SqFt
- Rooms
- 4 Beds + 2 Baths
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