Estimated payment $974/month
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!
Listing Agent
Home Field Michigan Real Estate License #SAOR-6501448957 Listed on: 07/09/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Kitchen
Bedrooms and Bathrooms
Basement
Utilities
Additional Features
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,716 | $44,100 | $0 | $0 |
| 2024 | $1,716 | $40,500 | $0 | $0 |
| 2023 | $762 | $36,400 | $0 | $0 |
| 2022 | $1,654 | $33,200 | $0 | $0 |
| 2021 | $1,578 | $31,200 | $0 | $0 |
| 2020 | $1,607 | $29,700 | $0 | $0 |
| 2019 | $1,579 | $24,200 | $0 | $0 |
| 2018 | $1,275 | $23,900 | $0 | $0 |
| 2017 | $1,275 | $23,700 | $0 | $0 |
| 2016 | $1,275 | $23,700 | $0 | $0 |
| 2015 | $1,275 | $23,100 | $0 | $0 |
| 2014 | -- | $22,800 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $150,000 | -- | $103 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $119,250 | Cislo Title Company | |
| Personal Reps Deed | -- | -- | |
| Warranty Deed | $25,000 | None Available | |
| Sheriffs Deed | $14,400 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $117,089 | FHA | |
| Previous Owner | $16,211 | Unknown |
$165,000
TRIPLEX - 1803, 1805, and 1807 Kilbourn Ave, Owosso mailing address, with Caledonia Twp property taxes, and Corunna Public Schools and Owosso-Caledonia Twp public sewer with separate gas and electricity! Fully occupied and generating income. Hard to find rentals with lower township property taxes than in the city. Tenants show pride in their units! Gross rent $1,925. Tenants pay gas,
Morgan Beilfuss The Home Office Realty LLC
$124,900
Great investment property in the heart of Owosso! This 3 unit includes 2 1-bedroom, and 1-2 bedroom unit. Monthly rental income is $1600. Tenants pay for their own heat and electric. Landlord pays for water and trash (roughly $100/mo). All 3 units are currently rented and are on month to month leases. Stop out to the OPEN HOUSE: Saturday, June 14th from 12-2 PM!
Sada Mcniel ERA Prime Real Estate Group
Source: Michigan Multiple Listing Service
MLS Number: 50181119
APN: 050-420-002-012-00
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Source MLS: MiRealSource
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