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Price Drop: $12.5K (08/21) 
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Street View
$262,500
-- Bed
3 Baths3 full baths
3,600sqft
4178 Drouillard St, Lincoln Park, MI 48146
$262,500
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Multi Family
Built in 1957
$-- HOA
0.17 acre lot
$73/sq.ft
Description
Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. 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 once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Mone...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: August 21, 2026 at 7:48 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
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
50
Cumulative Days on Market
36
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