Fully Renovated Multifamily
For Sale
$1,399,000
1470 Paris Avenue, Lincoln Park, MI 48146
Fully renovated 12-unit building with 1 bed, 1 bath layouts and separately metered electric and gas.
Days on Market160
Property Features for 1470 Paris Avenue
General Information
Standard status
Active
Property subtype
General Commercial
Additional Details
Business Included
Yes
Multifamily Units
12
Building Details
Year Built
1991
Listing Agency:
Century 21 Curran & Oberski
(313) 274-7200
Listed By:
Ali Charara · License #6501340600
Source:
Xome
Added: Feb 20
Changed: Jul 20
Last Checked: Jul 30 at 3:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Curran & Oberski
Investment Insights
Based on property information with market context.
This fully renovated multifamily property offers 12 units, each featuring 1 bedroom, 1 bathroom, a full kitchen, and a spacious living area. The building has been completely updated and is presented as a turnkey investment opportunity for buyers seeking an income-producing asset.
The property is located at 1470 Paris Avenue in Lincoln Park, MI 48146. Units are separately metered for utilities, with tenants paying their own electric and gas, while the owner is responsible for water only.
As configured, the building provides a straightforward unit mix of 1-bedroom, 1-bath homes with in-unit kitchens, supported by utility separation that can help simplify monthly expense management.
The property is located at 1470 Paris Avenue in Lincoln Park, MI 48146. Units are separately metered for utilities, with tenants paying their own electric and gas, while the owner is responsible for water only.
As configured, the building provides a straightforward unit mix of 1-bedroom, 1-bath homes with in-unit kitchens, supported by utility separation that can help simplify monthly expense management.
Key Highlights
- Fully renovated 12‑unit multifamily building with 1 bed, 1 bath units.
- Each unit includes a full kitchen and spacious living area.
- Units are separately metered for utilities: tenants pay electric and gas; owner pays water only.
Property Analytics
Current Use
Lease Details
12
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 48146, MI
40,245
Population
15,874
Households
2.5
Avg Household Size
37
Median Age
11%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
6,939
Density / Sq Mi
$57,183
Median Household Income
$36,886
Median Earnings
$972
Median Rent
$117,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated 12-unit building with 1 bed, 1 bath layouts and separately metered electric and gas.
Where is this apartment building located?
The property is located at 1470 Paris Avenue Lincoln Park, MI.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Fully renovated 12‑unit multifamily building with 1 bed, 1 bath units.; Each unit includes a full kitchen and spacious living area.; Units are separately metered for utilities: tenants pay electric and gas; owner pays water only.
