Four unit rental house. Turn key investment (no repairs needed). Live in one and rent the others. 100% occupied, a no smoking/no pets rental house. Convenient location, coin W/D in basement accessible to all units, 2 driveways giving 2-3 car parking per unit. Units 1 & 3 pay their own electric/cable/wifi. Unit 4 all utilities included. Separate electric meters & water meters, water heaters. Owner pays water, heat, trash & lawn maint. Storage cabinets in basement for tenant use, Boiler heat. Each unit's sq ft is estimated. Photos provided are pre-tenants. See info page about each unit.
For sale
$255,000
408 E Exchange St, Owosso, MI 48867
5beds
4baths
--sqft
Est.:
MultiFamily
Built in 1900
-- sqft lot
$250,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 325 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 07:49pm
Listed by:
Kelly Bila 989-721-1271,
Berkshire Hathaway HomeServices 517-351-3617
Source: Greater Lansing AOR,MLS#: 287471

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: In Basement, Inside, See Remarks
Features
- Flooring: Carpet
- Windows: Window Treatments
- Basement: Concrete,Shared
- Has fireplace: No
Interior area
- Finished area above ground: 2,506
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Assigned, Carport, On Street, Side By Side
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Private Entrance, Private Yard, Storage
- Pool features: None
- Spa features: None
- Fencing: Fenced,Wood,See Remarks
Lot
- Size: 8,712 Square Feet
- Dimensions: 66 x 132
- Features: Back Yard, City Lot
Details
- Parcel number: 7805066600001200
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Story
Materials
- Vinyl Siding, Aluminum Siding
- Foundation: Combination
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Owosso
Financial & listing details
- Tax assessed value: $81,271
- Annual tax amount: $7,060
- Date on market: 4/18/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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