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$230,000
Monthly Est:$1,145
-- Bed
3 Baths3 full baths
3,600sqft
4178 Drouillard St, Lincoln Park, MI 48146
$230,000
$1,145/moEst:
Get Pre-Approved
Multi Family
Built in 1957
$-- HOA
0.17 acre lot
$64/sq.ft
Description
Property to be sold as-is, all units are fully leased out now, NO WALKTHROUGHS OR INSPECTIONS IN PERSON WITHOUT AN LOI OR OFFER IN HAND. Please reach out to the agent if you’d like additional information or photos. Great opportunity in the Lincoln Park neighborhood! Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income is $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers.
- Houzeo last checked: 6 hours ago
- Listing updated: October 7, 2026 at 4:26 pm
- Listing Provided by: Joseph Hammel (248) 422-1685 , Julia Fradette | Keller Williams Somerset (248) 649-7200
- Source: Realcomp MLS-MI | MLS#: 20261050375
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
3,600 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261050375
MLS Status
Active
Days on Market
99
Cumulative Days on Market
83
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 3
Interior
Sewer
Public Sewer
Heating
Natural Gas, Wall Furnace
Construction
Year Built
Year Built: 1957
Home type
Multi Family
Foundation Details
Slab
Architectural Style
Ranch
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Pool Features
None
Other Features
Subdivision Name
Lincoln Park Highlands Sub
Disclosures
Actual Income, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Price Decreased | $230,000 -8.00% $64/sqft |
09/10/2026 Source: | Price Decreased | $250,000 -4.76% $69/sqft |
07/20/2026 Source: | Price Decreased | $262,500 -4.55% $73/sqft |
07/06/2026 Source: | Listed for Sale | $275,000 -38.89% $76/sqft |
09/24/2025 Source: | Sold | $450,000 -7.22% $125/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 02:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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