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2550 Bent Oak Ave, Adrian, MI, 49221

12beds
7baths
5,788sqft
$949,900
$164price/sqft
$6,955/moest. monthly cost
$278,200/yrincome needed

About This Home

Rare opportunity to own a high-performing, income-generating multi-unit luxury property just minutes from Lake Adrian—a popular destination for fishing, kayaking, and year-round recreation. Sitting on 1.73 acres, this fully detached setup features two expansive homes, ideal for Airbnb, long-term tenants, or group rentals. The main house offers 7 bedrooms, 3.5 bathrooms, a chef’s kitchen, multiple living areas, and high-end finishes throughout. The second unit includes 3 bedrooms and 1.5 bathrooms. The third has 2 bedrooms and 1 bath. They are complete with there own kitchen and separate entrances—perfect for maximizing occupancy and cash flow. Outside, enjoy a private in-ground pool, large patio for guest gatherings, and a 5-car garage with ample space for storage or additional rental potential. With a combined total of 12 bedrooms and 6 bathrooms, this property comfortably accommodates large groups, retreats, or multi-family bookings.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
4/10
4/10
Adrian High SchoolGrades 8-120.7 mi

Construction

Condition

  • Year built: 1860

Materials

  • Foundation: Basement
  • Construction materials: Brick,Stone,Vinyl Trim

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven,Refrigerator,Washer
  • Laundry features: First Floor Laundry,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Block

Bathroom

  • Features: First Flr Bath Lav/Half,Master Bedroom Bath,Second Flr Bath Lav/Half

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Dining Room

  • Features: Formal Dining Room

Features

  • High Ceilings
  • Window features: Window Treatments

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s),Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 5,788
  • Total interior livable area: 5,788 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: AD0530001000
  • Zoning description: Multi-Family,Residential
  • Special condition: Private

Features

  • Levels: One and One Half
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Deck,Patio,Porch
  • Waterfront features: Lake/River Access
  • Waterbody name: Lake Adrian
  • Frontage length: 215

Lot

  • Lot size: 1.73 Acres
  • Features: Deep Lot - 150+ Ft.
  • Lot size dimensions: 215 x 351 x 207 x 190 x 12 x 633

Parking

  • Total spaces: 5
  • Parking features: 3 or More Spaces,Covered,Garage,Attached,Basement,Detached,Electric in Garage,Garage Door Opener,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in Lenawee County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$611$7,332
Property Taxes $910$10,920
Electricity $631$7,575
Total$6,955$83,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$238,457/yr
40% on housing$208,650/yr
45% on housing$185,466/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 49221$111
Lenawee County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 49221$143
Lenawee County$141

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-13Listed for sale$949,900
2022-12-21Sold$555,000
2022-11-29Contingent$549,900
2022-10-15Price change$549,900
2022-09-22Listed for sale$569,900
2022-09-19Listing removed--
2022-09-01Price change$585,000
2022-06-17Listed for sale$599,900
2022-05-11Listing removed--
2022-04-19Price change$679,900
2022-03-29Price change$689,900
2022-01-31Listed for sale$699,900
2004-01-30Sold$333,650
2000-06-02Sold$298,000

For Sale by Agent

AgentLaura Hayes, Howard Hanna Real Estate Services-Tecumseh
BrokerageHoward Hanna Real Estate Services-Tecumseh

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