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Duplex with Separate Utilities
For Sale
$349,900
Pending

518 Lincoln Road, Otsego, MI 49078

MULTI_FAMILY - Otsego, MI

Property SizeContact for details
Lot Size1.22 Acres
Days on Market50

Property Features for 518 Lincoln Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 5, Laundry Room, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 1
Parking 6
Parking features Driveway
Basement Full
Lot features Level
Elementary school district Otsego
Middle school district Otsego
High school district Otsego
Standard status Pending
APN 17-022-035-10
Lot size 1.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 12 RDS OF N 20 RDS OF W 1/2 SE 1/4 NW 1/4 LYING S OF ALLEGAN ST SEC 22 T1N R12W.
Tax Annual Amount 5872
Legal Description E 12 RDS OF N 20 RDS OF W 1/2 SE 1/4 NW 1/4 LYING S OF ALLEGAN ST SEC 22 T1N R12W.

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1974
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Five Star Real Estate
Listed By: Reed Hrynewich · License #6501414798
Added: Jul 9 Changed: Aug 14 Last Checked: Aug 27 at 11:06PM
MLS# 26034962

Copyright © 2026 Michigan Regional Information Center, LLC. 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 duplex features two units with separate utilities, making it well suited for owner-occupancy or separate rentals. Both units include a shared large porch area and a one-stall garage. Unit layouts include a 3-bedroom, 2.5-bath configuration with finished basement space that includes a kitchenette, and a 2-bedroom, 1.5-bath layout with a large basement recreation area that could be finished. Major components are reported in good condition, with 2012 water heaters, furnaces, and air conditioning, and a 2021 roof and siding. Electrical and plumbing are also described as in good condition, along with the well and septic.

The property is located in Otsego Township and is noted as being close to Otsego High School and Middle School. It sits on 1.22 acres and includes a backyard for outdoor use. The listing notes that the units could use some TLC in certain areas while remaining in generally good condition overall.

For tenants, buyers, or investors looking for a residential income property with a functional separation between units, this setup offers practical flexibility. The finished basement kitchenette in one unit and the unfinished basement recreation space in the other provide room for different living arrangements within the same property. The presence of separate utilities supports independent operations for each unit.

Key Highlights

  • Duplex in Otsego Township built in 1974 on 1.22 acres
  • Two units with separate utilities: one 3BD/2.5BA and one 2BD/1.5BA
  • Major updates include 2012 water heaters, furnaces, and air conditioning; 2021 roof and siding

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Nail Salon HVAC Service Pharmacy

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

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 49078, MI

9,483
Population
4,315
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
49.5 sq mi
ZIP Area
192
Density / Sq Mi
$77,517
Median Household Income
$44,956
Median Earnings
$1,106
Median Rent
$189,600
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex on 1.22 acres with separate utilities, updated major systems, and garages for each unit.
Where is this duplex located?
The property is located at 518 Lincoln Road Otsego, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex in Otsego Township built in 1974 on 1.22 acres; Two units with separate utilities: one 3BD/2.5BA and one 2BD/1.5BA; Major updates include 2012 water heaters, furnaces, and air conditioning; 2021 roof and siding
More about this property
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