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    Lapeer Duplex: Investment Opportunity
    Updated: Apr 23
    Lapeer Duplex: Investment Opportunity

    220 W Park Street, Lapeer, MI 48446

    $198,000
    1,621 sqft 0.17 AC lot
    Fully rented 2‑unit duplex at 220/222 W Park St, Lapeer
    Built in 1890 with wood construction and forced‑air heating
    Main‑floor unit includes 2 bedrooms, hardwood floors, an updated bathroom, and a laundry area
    Main floor offers a side porch and garage access
    Upper unit features a bright, open layout and 2 bedrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    220 W Park Street, Lapeer, MI 48446

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $260K
      Above asking

    • Property Type

      Single Family Residence
      Built 1890
    View Property Analytics
    Colonial Duplex Rental
    Updated: Apr 28
    Colonial Duplex Rental

    1138 W Oregon Street, Lapeer, MI 48446

    $155,000
    2,208 sqft 0.34 AC lot
    Duplex rental in Lapeer with both units including a kitchen, laundry facility, and parking
    2‑car garage plus a large, partially fenced lot
    Each unit has its own utility meters
    Unit mix: 2‑bedroom unit leased through February 2027; 3‑bedroom unit on a month‑to‑month lease
    1910 Colonial‑style wood construction with forced‑air heating
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lapeer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Duplex Near Downtown Flint
    Brick Duplex Near Downtown Flint

    533 E 12 St, Flint, MI 48503

    $74,900
    1,880 sqft

    Side-by-side duplex near downtown, ideal for investors or owner-occupants.

    View details
    Side-by-Side Brick Duplex
    Side-by-Side Brick Duplex

    533 E 12 Street, Flint, MI 48503

    $69,900
    1,880 sqft 0.06 AC lot

    Duplex units are ready for immediate occupancy with private basements and a fenced yard.

    View details
    New Davison Duplex Development
    New Davison Duplex Development

    3369 Meadowridge, Davison, MI 48423

    $274,999

    New duplex development in Davison, customize your dream condo today!

    View details
    New Davison Duplex Development
    New Davison Duplex Development

    3367 Meadowridge, Davison, MI 48423

    $318,000

    New duplex-style condos in Richfield Township, ready May 2025.

    View details

    Lapeer, MI Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Lapeer, MI on our real estate platform. These investment opportunities span a total of 3,829 square feet of properties for sale, with an estimated market value of $353,000.

    Sale prices for duplexes in Lapeer, MI start at $155,000, averaging $176,500, and reaching up to $198,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

    Population 31K
    Population Growth (5Y) -0.7%
    Median Household Income $66,382
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

    Identify Lapeer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48446 $176.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Property Tax per SF $70.76 per SF
    Average Loan-to-Value 65.0%

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