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Quadplex with Updated Systems
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425 W Lincoln St, Caro, MI 48723

Fully occupied four-unit property with varied bedroom layouts, basement laundry, and recent capital improvements.

Property SizeContact for details
Days on Market143

Property Features for 425 W Lincoln St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Rosegold Realty LLC - Caro
Listed By: Trista Donovan · License #MI 6501423588
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:54PM

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 Rosegold Realty LLC - Caro

Investment Insights

Based on property information with market context.

This quadplex contains four apartments: one two-bedroom unit and three one-bedroom units. The property is currently rented, with a basement that includes two coin-operated washer and dryer sets. Tenants cover their own utilities, while ownership pays water and sewer service.

Recent property work includes 11 new windows, four newer furnaces, and a roof installed 4 years ago. The basement also has Rubber Duck coating. Located at 425 W Lincoln St in Caro, Michigan, the property offers a defined unit mix and shared laundry setup within a residential income asset.

Key Highlights

  • Four‑unit quadplex with one 2‑bedroom apartment and three 1‑bedroom apartments
  • Currently rented across all four units
  • 11 new windows and 4 newer furnaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Locksmith Garden Center HVAC Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 48723, MI

11,953
Population
5,175
Households
2.3
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
131.8 sq mi
ZIP Area
91
Density / Sq Mi
$56,618
Median Household Income
$40,543
Median Earnings
$737
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied four-unit property with varied bedroom layouts, basement laundry, and recent capital improvements.
Where is this quadplex located?
The property is located at 425 W Lincoln St Caro, MI.
What are key features of this property?
This property features: Four‑unit quadplex with one 2‑bedroom apartment and three 1‑bedroom apartments; Currently rented across all four units; 11 new windows and 4 newer furnaces
More about this property
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