Quadplex

Lincoln Park, MI Quadplexes for Sale

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Turnkey Lincoln Park Fourplex
Updated: Feb 22, 2024
Turnkey Lincoln Park Fourplex

1505 Ford Boulevard, Lincoln Park, MI 48146

$424,900
0.30 AC lot
Turnkey fully occupied 4‑unit complex with each unit offering 2 BD and 1 BA
Building updates include furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new 6‑ft back fence, and updated windows
Each unit has separate gas and electric hookups; heating is forced air and cooling is wall unit(s)
Leasing terms: Unit 2 lease expires 7/24, Unit 1 lease expires 10/24, Units 3 & 4 are month to month
Utilities and services: cable available and public sewer
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Turnkey Four-Unit Investment Property
Updated: Apr 24
Turnkey Four-Unit Investment Property

1505 Ford Blvd, Lincoln Park, MI 48146

$424,900
Turnkey, fully occupied 4‑unit complex.
Below market rents offer significant upside potential.
Recent updates include furnaces, paved driveway, new siding, gutters, downspouts, outside lighting, new fence, and updated windows.
Each unit is 2 BD, 1 BA.
Each unit has separate gas & electric hook up.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lincoln Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Brick Four-Unit Residential Income
Brick Four-Unit Residential Income

3958 12th Street, Ecorse, MI 48229

$99,900
32,222 sqft 0.07 AC lot

Four brick units feature private entrances, separate meters, and updated interiors with basement storage and shared washer/dryer access.

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Fully Occupied Quadplex Property
Fully Occupied Quadplex Property

426 Genessee St, River Rouge, MI 48218

$189,900

Four well-maintained units with modern kitchens and built-in appliances in an owner-occupied style residential income setup.

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4-Unit Brick Colonial Income Property
4-Unit Brick Colonial Income Property

3958 12th St, Ecorse, MI 48229

$99,900

Solid 4-unit brick building features separate meters, private entrances, and updated interiors.

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Renovated Four-Unit Apartment Building
Renovated Four-Unit Apartment Building

116 E Great Lakes St, River Rouge, MI 48218

$224,900
3,192 sqft

Renovated four-unit building with direct entry to each unit and recent roof, HVAC, and window upgrades.

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Lincoln Park, MI Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Lincoln Park, MI on our real estate platform.

Sale prices for four-unit buildings in Lincoln Park, MI average $424,900 — 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 7
Triplexes 6
Apartment buildings 5
Quadplexes 2
Short term rental properties 2

Demographics Overview

Population 40K
Population Growth (5Y) +7.1%
Median Household Income $57,183
College Educated 15.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48146 $424.9K

Taxes & Financing

Tax Rate (average for all types) 5.55%
Property Tax per SF $50.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lincoln Park fall within the 2,500 to 5,000 square foot range.

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