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Duplex with Separate Utilities
For Sale
$349,900

518 Lincoln Rd, Otsego, MI 49078

Two-unit property with individual utilities, attached garages, shared porch space, and basement areas in both residences.

Property SizeContact for details
Lot Size1.22 Acres
Days on Market51

Property Features for 518 Lincoln Rd

General Information

Standard status Active
Total Parking Spaces 2
Lot size 1.22 Acres
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence could use some TLC

Units

Unit Mix 1 x 3BR/2.5BA, 1 x 2BR/1.5BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,872

Amenities

porch
backyard

Building Details

Year Built 1974
Buildings 1
Units 2
Listing Agency: Five Star Real Estate
Listed By: Reed Hrynewich · License #6501414798
Source: Elliman
Added: Jul 12 Changed: Aug 29 Last Checked: Aug 30 at 7:08PM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

Built in 1974, this Otsego Township duplex contains two residences with separate utilities and individual one-stall garages. One unit offers 3 bedrooms, 2.5 bathrooms, and finished basement square footage with a kitchenette. The second includes 2 bedrooms, 1.5 bathrooms, and a large basement recreation area that could be finished. Both units share a substantial porch area.

Major systems include 2012 water heaters, furnaces, and air conditioning equipment, along with a 2021 roof and siding. The electrical, plumbing, well, and septic systems are described as being in good condition. The property occupies 1.22 acres with a backyard and is located near Otsego High School and Otsego Middle School. Some areas need TLC, while the overall property is in pretty good condition.

Key Highlights

  • Two‑unit duplex with separate utilities
  • One unit has 3 bedrooms, 2.5 bathrooms, and finished basement space with a kitchenette
  • Second unit includes 2 bedrooms, 1.5 bathrooms, and a large basement recreation area

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with individual utilities, attached garages, shared porch space, and basement areas in both residences.
Where is this duplex located?
The property is located at 518 Lincoln Rd 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: Two‑unit duplex with separate utilities; One unit has 3 bedrooms, 2.5 bathrooms, and finished basement space with a kitchenette; Second unit includes 2 bedrooms, 1.5 bathrooms, and a large basement recreation area
More about this property
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