Turn-key investment with low vacancy rate.
Popular location across from Addison High School.
11 unit building offers ten 2 bedroom apartments and one 1 bedroom apartment.
Monthly rent is $800-$850 per month for remodeled units and $650 per month for older units. 1 bedroom rents for $650 per month.
Excellent building, with room to increase NOI.
Sold
$560,000
211 E Main St, Addison, MI 49220
9beds
5baths
--sqft
5+ Units
Built in 1973
-- sqft lot
$581,700 Zestimate®
$--/sqft
$1,444 Estimated rent
Home value
$581,700
$500,000 - $681,000
$1,444/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 01:56pm
Listed by:
Brian Jones-Chance 269-779-0505,
Jones Chance & Co
Bought with:
Michael Breznik
Source: MichRIC,MLS#: 24042692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Hot Water
Cooling
- Wall Unit(s)
Features
- Basement: Walk-Out Access
Property
Parking
- Total spaces: 15
- Parking features: Asphalt, Driveway
Lot
- Size: 0.33 Acres
- Dimensions: 76 x 132
- Features: Sidewalk, Corner Lot
Details
- Parcel number: RL1451003000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Brick
- Roof: Rubber
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Addison
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $560,000-25.3% |
Source:  MichRIC #24042692 | ||
| 12/18/2024 | Pending sale | $750,000 |
Source: MichRIC #24042692 | ||
| 9/25/2024 | Listed for sale | $750,000 |
Source: MichRIC #24042692 | ||
| 8/28/2024 | Pending sale | $750,000 |
Source: MichRIC #24042692 | ||
| 8/15/2024 | Listed for sale | $750,000+57.9% |
Source: MichRIC #24042692 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 49220
Nearby schools
GreatSchools rating
- 3/10Addison Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Addison Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Addison High SchoolGrades: 9-12Distance: 0.2 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$581,700
2% more+ $11,634
With Zillow Showcase(estimated)
$593,334