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Duplex Conversion Opportunity

406 N Lincoln Drive Hancock, MI 49930

406 N Lincoln Drive, Hancock, MI, 49930
$69,000
Pending
For Sale
$69,000
Pending

DUPLEX - Conventional - Hancock, MI

Property Size2,017 SF
Lot Size0.32 Acres
Days on Market26

Property Features for 406 N Lincoln Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Patio and Porch features
Porch
Interior features
None (InteriorFeatures)
Exterior features
Porch
Appliances
Dryer, Range/Oven, Refrigerator, Washer
Standard status
Pending
Size
2,017 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025

Utilities

Heating system
Baseboard

Building Details

Year built
1900
Floors in Building
2
Architectural style
Conventional
Additional Structures
None
Listing Agency RE/MAX DOUGLASS R.E.-H
320 SHELDEN AVENUE, Houghton, MI
Listed by MARK COON · License #6501389277
Added: Jun 24 Checked: Jul 19 at 12:06 am
MLS# 50212557 Listing URL

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Offered for sale, this residential income property is a 4-bedroom, 1.5-bath home previously used as a rental. The current layout is presented as a good candidate for an up-and-down duplex configuration with some upgrades, depending on an owner’s renovation approach.

The property is situated on highly visible US-41, just west of The Lookout, with convenient access to downtown Hancock and the surrounding area. A detached two-car garage provides additional storage and workspace, though it will require repairs due to damage sustained during the Father's Day Flood of 2018.

This home fits buyers looking for an owner-occupant project or an investor renovation with a conversion concept. With its rental background and flexible interior layout, it may be well suited for someone prepared to complete targeted upgrades and address the garage repairs as part of a duplex plan. Minimum 72-hour response time is required on all offers.

Key Highlights

  • 4‑bedroom, 1.5‑bath home with a basement and conventional style, built in 1900
  • Located on highly visible US‑41 just west of The Lookout, with access to downtown Hancock and surrounding area
  • Porch and detached garage provide outdoor and additional storage/workspace

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Building Supply Real Estate Agency Dental Office Nail Salon Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Residential income property on US-41 with a detached two-car garage that requires repair due to 2018 flood damage.
Where is this single family property located?
The property is located at 406 N Lincoln Drive Hancock, MI.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: 4‑bedroom, 1.5‑bath home with a basement and conventional style, built in 1900; Located on highly visible US‑41 just west of The Lookout, with access to downtown Hancock and surrounding area; Porch and detached garage provide outdoor and additional storage/workspace
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