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    Lapeer, MI
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    Lapeer, MI Multifamily Properties for Sale

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    Lapeer Duplex: Investment Opportunity
    Updated: Apr 23
    Lapeer Duplex: Investment Opportunity

    220 W Park Street, Lapeer, MI 48446

    $198,000
    1,621 sqft 0.17 AC lot
    Fully rented 2‑unit duplex at 220/222 W Park St, Lapeer
    Built in 1890 with wood construction and forced‑air heating
    Main‑floor unit includes 2 bedrooms, hardwood floors, an updated bathroom, and a laundry area
    Main floor offers a side porch and garage access
    Upper unit features a bright, open layout and 2 bedrooms
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    220 W Park Street, Lapeer, MI 48446

    View Property Analytics

    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $260K
      Above asking

    • Property Type

      Single Family Residence
      Built 1890
    View Property Analytics
    Colonial Duplex Rental
    Updated: Apr 28
    Colonial Duplex Rental

    1138 W Oregon Street, Lapeer, MI 48446

    $155,000
    2,208 sqft 0.34 AC lot
    Duplex rental in Lapeer with both units including a kitchen, laundry facility, and parking
    2‑car garage plus a large, partially fenced lot
    Each unit has its own utility meters
    Unit mix: 2‑bedroom unit leased through February 2027; 3‑bedroom unit on a month‑to‑month lease
    1910 Colonial‑style wood construction with forced‑air heating
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lapeer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property with Parking
    Multifamily Property with Parking

    3430 Davison Rd, Flint, MI 48506

    $85,000
    0.34 AC lot

    Three-unit multifamily property offering a great investment opportunity.

    View details
    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    Flint, MI 48506

    $600,000

    Nine residential units plus two retail spaces available for sale.

    View details
    New Davison Duplex Development
    New Davison Duplex Development

    3369 Meadowridge, Davison, MI 48423

    $274,999

    New duplex development in Davison, customize your dream condo today!

    View details
    New Davison Duplex Development
    New Davison Duplex Development

    3367 Meadowridge, Davison, MI 48423

    $318,000

    New duplex-style condos in Richfield Township, ready May 2025.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

    View details
    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    View details
    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

    View details
    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

    View details

    Lapeer, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Lapeer, MI on our real estate platform. These investment opportunities span a total of 3,829 square feet of properties for sale, with an estimated market value of $353,000.

    Sale prices for multifamily properties in Lapeer, MI start at $155,000, averaging $176,500, and reaching up to $198,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

    Population 31K
    Population Growth (5Y) -0.7%
    Median Household Income $66,382
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

    Identify Lapeer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48446 $179K

    Taxes & Financing

    Tax Rate (average for all types) 3.36%
    Property Tax per SF $70.76 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lapeer County

    New Delisted

    Total CRE Inventory on Market (SF)

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