3-Unit Multifamily
For Sale
$260,000
1518 Hanover Street Lincoln, Lincoln Park, MI 48146
Individual utility meters, shared parking, and a recently replaced roof support efficient residential operations.
Property SizeContact for details
Days on Market77
Property Features for 1518 Hanover Street Lincoln
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Amenities
Forced Air
Natural Gas
Window Units
Porch, Above Ground Utilities, Asphalt
Building Details
Year Built
2015
Listed By:
Jeff Glover · License #6501317808
(248) 719-5292
Source:
Kw
Added: Aug 13
Changed: Oct 27
Last Checked: Oct 28 at 2:00PM
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 Jeff Glover
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Investment Insights
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Built in 2015, this three-unit multifamily property includes three one-bedroom residences, each with a living room, dining area, and bathroom. The property has a new roof completed in 2025, and it has passed City inspection. Separate utility meters serve each unit, while water is included in the rent. Interior features include window units, natural gas, and forced-air heating. Exterior improvements include a porch, asphalt surfaces, and above-ground utilities.
Located at 1518 Hanover Street in Lincoln, Park, Michigan, the property provides a large shared parking lot along with additional parking at the front. The existing layout offers consistent residential functionality across all three units, with long-term tenants already in place.
Located at 1518 Hanover Street in Lincoln, Park, Michigan, the property provides a large shared parking lot along with additional parking at the front. The existing layout offers consistent residential functionality across all three units, with long-term tenants already in place.
Key Highlights
- Three‑unit property with one‑bedroom residences
- New roof completed in 2025
- Passed City inspection
Property Analytics
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Individual utility meters, shared parking, and a recently replaced roof support efficient residential operations.
Where is this triplex located?
The property is located at 1518 Hanover Street Lincoln 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 property with one‑bedroom residences; New roof completed in 2025; Passed City inspection
