404 Mulzer Ave
Adrian, MI 49221
- 7 Beds
- 6 Baths
- 3,284 sqft (on 0.51 acres)
$240,000
Last Sold: Nov 5, 2025
0% over list $240K
$73/sqft
Est. Refi. Payment $1,497/mo*
$240,000
Last Sold: Nov 5, 2025
0% over list $240K
$73/sqft
Est. Refi. Payment $1,497/mo*
7 Beds
6 Baths
3,284 sqft
(on 0.51 acres)
Local Information
-- mins to
Description
Excellent investment opportunity in the city of Adrian! This 6-unit multi-family property features five 1-bedroom, 1-bath apartments and one spacious 2-bedroom, 1-bath unit. The property offers two driveways for convenient tenant parking and is located close to amenities, schools, and shopping. With strong rental potential and solid long-term income possibilities, this property is a great addition to any investor’s portfolio. Schedule your private showing today!
404 Mulzer Ave, Adrian, MI 49221 is a 7 bedroom, 6 bathroom, 3,284 sqft multi-family built in 1900. It last sold for the $239,900 asking price on Nov 5, 2025. It is currently off market. The Trulia Estimate is $226,700, with a rent estimate of $1,142/month.
Home Highlights
Parking
3 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$73/sqft
Listed
180+ days ago
Home Details for 404 Mulzer Ave
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Interior Details Basement: Exterior Entry,BrickNumber of Rooms: 1Types of Rooms: Bathroom |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Dimensions and Layout Living Area: 3284 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Refrigerator, Gas Water HeaterRefrigerator |
Heating & Cooling Heating: BoilerHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Boiler |
Fireplace & Spa No Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Levels: Tri-Level |
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Exterior Home Features Exterior: SidewalksFoundation: Basement, Brick |
Parking & Garage No GarageNo Open ParkingParking Spaces: 3Parking: 3 or More Spaces |
Frontage Waterfront: NoneRoad Frontage: City/County, CurbedRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public SanitaryWater Body: None |
Farm & Range Frontage Length: 150 |
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Cumulative Days on Market: 1 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: XA0260000200 |
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Price List Price: $239,900Price Per Sqft: $73/sqft |
Status Change & Dates Off Market Date: Thu Oct 16 2025Possession Timing: Subject To Tenant Rights |
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MLS Status: Closed |
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Direction & Address City: AdrianCommunity: None |
School Information Elementary School District: Adrian City School DistrictJr High / Middle School District: Adrian City School DistrictHigh School District: Adrian City School District |
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Building Area Building Area: 3284 Square Feet |
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Association for this Listing: Lenawee County Association of REALTORS |
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Lot Area: 0.51 acres |
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Special Conditions: Private |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Owner Pays: Electricity, Gas, Grounds Care, Snow Removal, Taxes, Trash Collection, Water/Sewer |
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BasementMls Number: 50191588Days In Mls: 1 |
Last check for updates: about 5 hours ago
Listed by Isaac Henry, (517) 215-4212
Gil Henry & Associates
Bought with: Isaac Henry, (517) 215-4212, Gil Henry & Associates
Originating MLS: Lenawee County Association of REALTORS
Source: MiRealSource, MLS#50191588

Price History for 404 Mulzer Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/05/2025 | $240,000 | Sold | MiRealSource #50191588 |
| 10/16/2025 | $239,900 | Pending | MiRealSource #50191588 |
| 10/15/2025 | $239,900 | Listed For Sale | MiRealSource #50191588 |
Market trends in Adrian
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,805 |
| Assessment | $170,338 |
Home facts updated by county records
Comparable Sales for 404 Mulzer Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.53 | Multi-Family Home | $129,000 | 07/14/25 | 7 | 6 | 2,543 | |
0.43 | Multi-Family Home | $120,000 | 10/17/25 | 3 | 2 | 1,643 | |
1.05 | Multi-Family Home | $189,450 | 09/12/25 | 4 | 3 | 2,467 | |
0.82 | Multi-Family Home | $115,000 | 06/22/26 | 5 | 3 | 2,526 | |
0.77 | Multi-Family Home | $100,000 | 12/01/25 | 5 | 3 | 2,274 | |
1.38 | Multi-Family Home | $257,000 | 09/30/25 | 8 | 3.5 | 2,648 | |
0.92 | Multi-Family Home | $105,000 | 07/15/25 | 4 | 2 | 1,771 | |
0.92 | Multi-Family Home | $105,000 | 07/15/25 | 4 | 2 | 1,771 | |
1.33 | Multi-Family Home | $180,000 | 03/13/26 | 5 | 2.5 | 2,659 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 404 Mulzer Ave.
What Locals Say about Adrian
At least 118 Trulia users voted on each feature.
90 % Say car is needed
87 % Say it's dog friendly
85 % Say parking is easy
82 % Say yards are well-kept
73 % Say there are sidewalks
72 % Say there's holiday spirit
67 % Say kids play outside
57 % Say people would walk alone at night
48 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
45 % Say streets are well-lit
44 % Say it's quiet
44 % Say there's wildlife
43 % Say it's walkable to restaurants
35 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 404 Mulzer Ave
Off Market Homes Near 404 Mulzer Ave

Source MLS: MiRealSource
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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Click here for more information