3-Unit Multifamily
For Sale
$260,000
1518 Hanover Street, Lincoln Park, MI 48146
Multi-family zoning supports an income-producing residential configuration with on-site laundry and shared parking.
Property SizeContact for details
Days on Market12
Property Features for 1518 Hanover Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Zoning
Multi-Family
Taxes and HOA fees
Annual Taxes
$5,708
Building Details
Year Built
2015
Listing Agency:
KW Professionals
(734) 459-4700
Listed By:
Jeff Glover · License #6501317808
Source:
Irishhillsfivestarhomes
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 24 at 11:09AM
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 KW Professionals
Investment Insights
Based on property information with market context.
This 2015 multifamily building contains three residential units, each arranged with one bedroom, a living room, dining area, and bathroom. On-site laundry serves the property, while a shared parking lot and additional parking in front provide vehicle accommodation. Separate utility meters serve each unit, with water included in the rental price.
Located at 1518 Hanover Street in Lincoln Park, Michigan, the property is 100% leased with long-term tenants in place. Its Multi-Family zoning supports the existing residential configuration.
Located at 1518 Hanover Street in Lincoln Park, Michigan, the property is 100% leased with long-term tenants in place. Its Multi-Family zoning supports the existing residential configuration.
Key Highlights
- Three‑unit multifamily building constructed in 2015
- 100% leased with long‑term tenants in place
- Each unit includes 1 bedroom, living room, dining area, and bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
651
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Multi-family zoning supports an income-producing residential configuration with on-site laundry and shared parking.
Where is this triplex located?
The property is located at 1518 Hanover Street Lincoln Park, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Three‑unit multifamily building constructed in 2015; 100% leased with long‑term tenants in place; Each unit includes 1 bedroom, living room, dining area, and bathroom
