115-117 S Fair Street, Otsego, MI 49078 (MLS# 26038901)

115-117 S Fair Street, Otsego, MI 49078

New Listing

$275,000

Living room 117 S Fair with front entrance on left

Dining room with view of Living room 117 S Fair

Property Type: Multi Family Lot Size (sq. ft.): 4,940 Status: Active

Current Price: $275,000 List Date: 7/28/2026 Last Modified: 7/28/2026

Overview

Description

Don't miss out on this rare opportunity to own side by side duplex in Otsego! Located a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. Both units are clean and spacious 2 bed, 1 1/2 bath with separate utilities. The interior of both units has been updated with newer windows, flooring, furnace, water heater. The updated kitchens have quartz countertops, dishwasher, stove, refrigerator and microwave. Two-year-old shower unit on both sides. Enjoy the large shared front porch. Tenants can move right in! The exterior could use some siding work and a little TLC on the porch. Storage shed. All in all, this is a solid property ready for new owner! Square footage is approximate. Selling 'as is'. The adjoining vacant lot parcel #03-54-104-043-00 is included in the sale. Buyer and Seller to verify all listed information.

Listing Details MLS# 26038901

Location Property Info

County: Allegan
Street #: 115-117
Street Direction: S
Street Name: Fair
Suffix: Street
State: MI
Zip Code: 49078
Zip (4): 1117

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4940
Lot Acres: 0.11
Lot Dimensions: 52 x 95
Year Built: 1920
New Construction: No
Road Frontage: 52
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2064
Total Parking Spaces: 4
Waterfront: No
School District: Otsego
Basement: Yes

Tax Info

Tax ID #: 54-104-040-50
Taxable Value: 32143
SEV: 60600
For Tax Year: 2026
Seller's Annual Property Tax: 2004.28
Tax Year: 2025
Spec Assessment & Ty: Nk
Zoning: P-O
Homestead %: 0

Remarks Misc

Directions: US 131 to Otsego Exit, Then West on M-89/E. Allegan St to Fair, S on Fair & Property Is on East Side of Road.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: 115
Unit Description: KIT, DR, LR, BASEMEN
SqFt: 969
Occupied: Yes
Monthly Rent: 750
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
A/C Unit: Yes
Central Air: Yes
Dishwasher: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 117
Unit Description: KIT, DR,LR,BASEMENT
SqFt: 969
Occupied: No
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
Monthly Rent: 0
Central Air: Yes
Dishwasher: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: M-89 and Fair St
Property Sub-Type: 2 to 4 Units
Municipality: Otsego City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 133.24

Remarks & Misc

Public Remarks: Don't miss out on this rare opportunity to own side by side duplex in Otsego! Located a short walk to downtown Otsego and an easy commute to both Kalamazoo and Grand Rapids. Both units are clean and spacious 2 bed, 1 1/2 bath with separate utilities. The interior of both units has been updated with newer windows, flooring, furnace, water heater. The updated kitchens have quartz countertops, dishwasher, stove, refrigerator and microwave. Two-year-old shower unit on both sides. Enjoy the large shared front porch. Tenants can move right in! The exterior could use some siding work and a little TLC on the porch. Storage shed. All in all, this is a solid property ready for new owner! Square footage is approximate. Selling 'as is'. The adjoining vacant lot parcel #03-54-104-043-00 is included in the sale. Buyer and Seller to verify all listed information.
Legal: COM 16 1/2' S OF NW COR OF LOT 40 BLK 4 TH SELY PPL WITH N LIN OF SD LOT 12' TH SWLY PPL WITH W LIN OF SD LOT 52' TH NWLY PPL WITH N LIN OF SD LOT 12' M/L TO W LIN OF SD LOT TH NELY ALG W LIN OF SD LOT 52' M/L TO POB ALSO NLY 68.5' OF LOT 43 BLK 4 EX NLY 16 1/2' THEREOF O. P. SEC 22 & 23.

Lot Description

Level: Yes
Sidewalk: Yes

Street Type

Paved: Yes

Util Avail at Street

Cable Available: Yes
Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Gravel: Yes
Paved: Yes

Substructure

Crawl Space: Yes
Michigan Basement: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Wood Siding Roofing: Composition Substructure: Crawl Space; Michigan Basement Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Natural Gas Available Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Gravel; Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Central Air; Dishwasher; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer

Listing Office: Best Homes of Michigan Allegan

Listing Agent: Brian Timm

Last Updated: July - 28 - 2026

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