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Fully Leased Multifamily Property

4178 Drouillard Street, Lincoln Park, MI 48146

For Sale
$230,000
Pending

Multifamily, 1 Story, Lincoln Park, MI

Property Size3,600 SF
Lot Size0.17 Acres
Days on Market130

Property Features for 4178 Drouillard Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Multi-Family
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Subdivision Lincoln Park Highlands Sub
Elementary school district Lincoln Park
Middle school district Lincoln Park
High school district Lincoln Park
Directions Fort Street West On Goddard South On Drouillard
Standard status Pending
APN 45021080172002
Size 3,600 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description QD172B 173 S 25 FT OF LOT 172 ALSO LOT 173 ALSO E 1/2 ADJ VAC ALLEY LINCOLN PARK HIGHLANDS SUB FRAC SEC 19 L46 P91 WCR
Tax Annual Amount 3110
Legal Description QD172B 173 S 25 FT OF LOT 172 ALSO LOT 173 ALSO E 1/2 ADJ VAC ALLEY LINCOLN PARK HIGHLANDS SUB FRAC SEC 19 L46 P91 WCR

Utilities

Heating system Wall Furnace
Water source Public

Building Details

Year built 1957
Floors in Building 1
Number of units 3
Building materials Brick
Architectural style Ranch
Buildings 2
Listing Agency: Keller Williams Somerset · Keller Williams Realty
Listed By: Joseph Hammel · License MI #6501422602
Added: Jul 6 Changed: Nov 12 Last Checked: Nov 12 at 1:06PM
MLS# 20261050375

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.

Rey
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Investment Insights

Based on property information with market context.

This brick multifamily property contains 3,600 square feet and was built in 1957. The building has a ranch-style design, wall-furnace heating, and public water service. The property is being offered in as-is condition, and all units are currently leased.

The parcel encompasses 0.17 acres at 4178 Drouillard Street in Lincoln Park, Michigan. The roof, furnaces, and water heaters have been inspected recently. The property is zoned Multi-Family.

Key Highlights

  • All units are currently leased
  • 3,600 square feet on 0.17 acres
  • Brick construction; built in 1957

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Lincoln Park, MI

$130 Jul
$119 Aug
$119 Sep
$119 Oct

Properties on Market for Multifamily properties in Lincoln Park

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The 3,600-square-foot property sits on a 0.17-acre parcel and carries Multi-Family zoning.
Where is this multifamily property located?
The property is located at 4178 Drouillard Street Lincoln Park, MI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: All units are currently leased; 3,600 square feet on 0.17 acres; Brick construction; built in 1957
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