Over 7000 square feet of living space stretched out between these 3 large rental units. Each has an upstairs, a downstairs and a garage. On top of the 3 rentals, there is a large garage separate from the apartments that could be rented as additional storage and a 2nd building that has many possibilities. It's a great time to start investing. One 4 bedroom 2 bath and two 3 bedroom 1 bath apartments.
Multi-familyProperty Type
1900Year Built
1.43 acresLot Size
$45Est. Price/Sq.Ft.
12 spacesParking
Listed by Tim Groves• Coldwell Banker Groves Real Estate
Bought with Rene' Spahr• Coldwell Banker Groves Real Estate
Over 7000 square feet of living space stretched out between these 3 large rental units. Each has an upstairs, a downstairs and a garage. On top of the 3 rentals, there is a large garage separate from the apartments that could be rented as additional storage and a 2nd building that has many possibilities. It's a great time to start investing. One 4 bedroom 2 bath and two 3 bedroom 1 bath apartments.
REALCOMP #53021118800
Apr 12, 2022
Sold
$272,500
$38/sq ft
Feb 18, 2022
Pending
—
Dec 20, 2021
Listed
$279,900
$40/sq ft
SW Michigan MLS #12044926
Oct 1, 2012
Sold
$110,000
$16/sq ft
Aug 12, 2012
Listed
$110,000
$16/sq ft
MiRealSource-MiMLS #20454349
Oct 1, 2012
Sold
$110,000
$16/sq ft
Sep 21, 2012
Listing Removed
—
Aug 12, 2012
Listed
$110,000
$16/sq ft
REALCOMP #53012044926
Oct 1, 2012
Sold
$110,000
$16/sq ft
Aug 12, 2012
Listed
$110,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,258 (−72.7%)
2024
$8,268 (+4.8%)
2023
$7,888 (+210.6%)
2022
$2,540 (+3.1%)
2021
$2,463 (+1.0%)
2020
$2,439 (+0.9%)
2019
$2,417 (+4.0%)
2018
$2,325 (+2.9%)
2017
$2,260 (+0.9%)
2016
$2,240 (+2.2%)
2015
$2,191 (+1.2%)
2014
$2,166 (+1.8%)
2013
$2,127
Tax history for 8518 Addison Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,258 (−72.7%)
2024
$8,268 (+4.8%)
2023
$7,888 (+210.6%)
2022
$2,540 (+3.1%)
2021
$2,463 (+1.0%)
2020
$2,439 (+0.9%)
2019
$2,417 (+4.0%)
2018
$2,325 (+2.9%)
2017
$2,260 (+0.9%)
2016
$2,240 (+2.2%)
2015
$2,191 (+1.2%)
2014
$2,166 (+1.8%)
2013
$2,127
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
3
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.43 Acres
Year renovated
—
Sq. Ft.
7,080
Year built
—
Style
Other
County
Hillsdale County
APN
03 036 400 022 36 5 2
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Parking
Parking Information
Parking Total: 12
Parking Features: Unpaved
Garage Information
No Attached Garage
Interior
Heating & Cooling
Has Heating
Heating: Propane, Forced Air
Room Information
Basement: Slab
Exterior
Building Information
Construction Materials: Block, Vinyl Siding
Exterior Features
Year Built: 1900
Roof: Metal
Land Information
Road Surface Type: Paved
Lot Information
Lot Size Acres: 1.43
Lot Size Area: 1.43
Lot Size Units: Acres
Property Information
Property Type: Multi-Family
Property Sub Type: 2 to 4 Units
Number Of Buildings: 2
Financial
Tax Information
Tax Year: 2021
Tax Annual Amount: $2,445
Tax Assessed Value: $61,954
Utilities
Utility Information
Sewer: Septic System
Location
Multi-Unit Information
# Of Units Total: 3
School Information
High School District: North Adams-Jerome
Location Information
Directions: Knowles Rd north of North Adams to Addision Rd, East to property on North side.
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 7,080
Stories: 1.5
Lot Size: 1.43 acres
Style: Other
Year Built: —
Year Renovated: —
County: Hillsdale County
APN: 03 036 400 022 36 5 2
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
North Adams-Jerome Elementary School
Public PreK-5 • Assigned • 2.4mi
5/10
North Adams-Jerome Middle/High School
Public 6-12 • Assigned • 2.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
North Adams, MI • 49262
Average low and high temperatures (°F)
26
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33
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52
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41
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64
78
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77
53
65
43
48
35
35
22
Jan
Feb
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Apr
May
Jun
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$305,000 – $369,000
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