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Adrian 49221
209 Sarah Street
$116,000
● House - Off Market

209 Sarah Street

Adrian, MI 49221
bedrooms
2 Beds
bathrooms
1 Bath
square feet
916 Ft²
$644
Est. Monthly
19.07%
Cap Rate

About This Property

MULTIPLE OFFERS: All offers due by 3pm on Wed, June 25th. Welcome to this cozy and low-maintenance 2-bedroom, 1-bath bungalow ranch located within the city limits - perfectly suited for comfortable living or a smart investment property. This well main-maintained home features an efficient layout with everything you need on one level, including a generous living room, functional and large eat-in kitchen, two comfortable bedrooms and a laundry/mud-room.  Enjoy the ease of a smaller yard that requires minimal upkeep, ideal for those seeking convenience without sacrificing outdoor space.  Whether you're a first time homebuyer, downsizer, or investor, this home checks all the boxes with its simple charm, practical design and great location. Don't miss your chance to own this move-in ready gem!
Unit Size
916 Ft²
Days on Market
32 days
Land Size
0.14 acres
Price per sqft
$120
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25029744)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Premium
Sold
Jun 29, 2025 In contract -
In contract
Jun 19, 2025 Listed by CENTURY 21 Affiliated $109,900
Listed by CENTURY 21 Affiliated
Mar 17, 2020 No longer available -
No longer available
Mar 11, 2020 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 664
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,043
  • Lot Size Frontage Feet: 575
  • Total Building Area: 916
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 916
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A J COMSTOCK EASTERN ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 1/2 LOTS 1 & 2 BLK 6 A J COMSTOCK EASTERN ADD 1

Neighborhood

  • School District Name: Adrian City School District
  • School Tax School District: SCH: 46010
  • Census Tract: 061301

Zoning

  • Zoning: R-4

Geography

  • District: XA0
  • Parcel: XA0-480-6002-00
  • Block: 6
  • Lot: 1-2
  • Municipality: ADRIAN CITY
  • Latitude: 41.8958
  • Longitude: -84.0214

    Address

  • Full Address: 209 Sarah St
  • Address - House Number: 209
  • Address - Street Name: Sarah
  • Address - Suffix Type: St
  • State: MI
  • City Name: Adrian
  • Carrier Code: C008
  • 4-Digit Zip Code: 3434
  • Zip Code: 49221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 88,499
  • High Value: 109,904
  • Low Value: 67,095

    Market Valuation

  • Market Total Value: $51,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 02, 2007
  • Previous Sale Contract Date: Jul 25, 2007
  • Previous Sale Amount: $21,250
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Adrian

Stats & Trends

Median Asking:

$171,500

Sale Price/ft²

$127

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1120 ft²

Average Home Age

124.3 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Lisa Marelli, CENTURY 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25029744
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 209 Sarah Street built and last sold?
The property at 209 Sarah Street was built in and last sold on Mar 11, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 209 Sarah Street is $0.
What are some comparable homes to 209 Sarah Street?
There are currently no comparable homes to 209 Sarah Street.
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