Two-Unit Brick
New
For Sale
$169,900
1852 Saint Johns Boulevard, Lincoln Park, MI 48146
Multifamily, 2 Story, Lincoln Park, MI
Property Size1,208 SF
Lot Size0.10 Acres
Price / SF$140.65
Days on Market4
Property Features for 1852 Saint Johns Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bedroom 3, Bathroom 2
Pets allowed
Yes
Subdivision
Dix Ave Manor Sub
Elementary school district
Lincoln Park
Middle school district
Lincoln Park
High school district
Lincoln Park
Directions
Dix Hwy south to St. Johns left to property
Standard status
Active
APN
45022040091000
Size
1,208 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
QK91 LOT 91 ALSO ADJ VAC ALLEY 9 FT WIDE DIX AVENUE MANOR SUB FRAC SEC 24 L47 P29 WCR
Tax Annual Amount
2579
Legal Description
QK91 LOT 91 ALSO ADJ VAC ALLEY 9 FT WIDE DIX AVENUE MANOR SUB FRAC SEC 24 L47 P29 WCR
Utilities
Heating system
Forced Air
Building Details
Year built
1928
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Crossroads III · RE/MAX International
(734) 699-4000
Listed By:
Michael D Long · License #6501156302
(734) 740-1818
Added: Oct 3
Changed: Oct 5
Last Checked: Oct 6 at 1:06AM
MLS# 20261080235
Copyright © 2026 Realcomp Limited II. 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.
This 1,208-square-foot brick duplex, built in 1928, contains two two-bedroom units and is zoned Multi-Family. Forced-air heating serves the property. The lower residence has basement space for storage and laundry, and kitchen appliances are included; the washer and dryer are not. The roof, concrete, and sewer line have been updated. Off-street parking is available, and the property is currently vacant.
The site measures 0.1 acres at 1852 Saint Johns Boulevard in Lincoln Park. The buyer will be responsible for assuming City inspections and approvals.
The site measures 0.1 acres at 1852 Saint Johns Boulevard in Lincoln Park. The buyer will be responsible for assuming City inspections and approvals.
Key Highlights
- Two units, each with two bedrooms
- 1,208 square feet on a 0.1‑acre lot
- Brick construction; built in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,860
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,200
$237.2K
Cap Rate 7%
$169,429
$169.4K
Cap Rate 9%
$131,778
$131.8K
Market Conditions
NOI Build-Up for 1,208 SF
Gross rent
$18.1K $15.00/SF
− Vacancy
−$1.2K −$0.98/SF
EGI
$16.9K $14.03/SF
− OpEx
−$5.1K −$4.21/SF
NOI
$11.9K $9.82/SF
Area
Wayne County, MI
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,200
Cap Rate 7%
$169,429
Cap Rate 9%
$131,778
Alternative Uses
Best Use
Multifamily LT 5
$169.4K
$148.3K – $197.7K
NOI $11,860 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$155.6K
$136.1K – $181.5K
NOI $10,890 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$223.7K
$195.7K – $260.9K
NOI $15,656 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
264
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, with basement storage and laundry space serving the lower unit.
Where is this duplex located?
The property is located at 1852 Saint Johns Boulevard Lincoln Park, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two units, each with two bedrooms; 1,208 square feet on a 0.1‑acre lot; Brick construction; built in 1928
