Great investment opportunity! This fully rented triplex offers immediate income potential with three units already occupied. Whether you're expanding your portfolio or looking for a solid first investment, this property is a smart choice. New flooring has been installed in both main floor units, and a new water heater was added on 7/8/25, offering added peace of mind. Conveniently located and well-maintained, this multi-unit property is ready to go!
For sale
Price cut: $5K (8/1)
$145,000
632 Grand Ave, Owosso, MI 48867
3beds
1,458sqft
Est.:
Multi Family
Built in 1915
-- sqft lot
$142,800 Zestimate®
$99/sqft
$-- HOA
What's special
New water heaterNew flooring
- 29 days
- on Zillow |
- 882 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:52pm
Listed by:
Gabriella Eastwood 989-289-0359,
Home Field Michigan Real Estate 989-725-5088
Source: MiRealSource,MLS#: 50181119
Originating MLS: Greater Shiawassee Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Wall/Window Unit(s), Window Unit(s)
Appliances
- Included: Microwave, Range/Oven, Refrigerator
Features
- Basement: Brick,MI Basement
- Has fireplace: No
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Sidewalks
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 60 x 130
Details
- Parcel number: 05042000201200
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Foundation: Basement, Brick
Condition
- Year built: 1915
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Maple Ridge Park
Location
- Region: Owosso
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $72,800
- Annual tax amount: $1,716
- Date on market: 7/9/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
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