1518 Hanover Street
Lincoln Park, Michigan 48146
3
Bed
3.5
Bath
3,024Sqft
0.19Acre(Lot)
Great investment opportunity! 3-unit multifamily,long-term tenants in place. New roof (2025), passed City inspection. Each unit offers 1 bedroom, living room, dining area & bathroom. Separate utility meters per unit; water included in rent. Large shared parking lot plus additional parking in front. Nice curb appeal. Room for rental increases. Do not disturb tenants, showings are immediately confirmed ; all data approximate, buyer to verify.
Property Details
Map
Map
Features
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Bathroom Information
Total Baths: 3.5 Full Baths: 3 Half Baths: 3 -
Room Information
Porches: PorchInterior Features
Roof: Asphalt -
Heating & Cooling
Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural GasWater Heater
Electric
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Building Information
Year Built: 2015 Building Stories: 1 Story Total Units: 3 Roof: Asphalt Foundation/Basement: Slab Architecture: Ranch -
Exterior Features
Fenced Construction: Brick,Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Community Water Heat: Electric
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Lot Information
Lot Size: 0.19 Lot Dimensions: IRREG -
Property Information
SQ ft: 3024 Subdivision: Elmwood Heights Sub Financing: Cash,Conventional
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Listing Price Information
Original List Price: $260,000 -
Listing Information
Possession: Negotiable Legal Description: EA61 EA62* LOT 61 A ND LOT 62 ELMWOOD HEIGHTS SUB PC 50 L35 P31 WCR
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Tax Information
Annual Tax: $5,708 Parcel Number: 45006030061310Possession
NegotiableLegal Information
Legal Description: Section: EA61 EA62* LOT 61 A ND LOT 62 ELMWOOD HEIGHTS SUB PC 50 L35 P31 WCR
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Unit 1 Information
# of Bedrooms: 3
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School Information
School District: Lincoln Park -
Utility Information
Water: Community Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1521 Electric Avenue , Lincoln Park, MI, 48146 | $745,000 | 8 | 8 | 5,492 | 0.21 Acre |
| 1432 Charter Street , Lincoln Park, MI, 48146 | $264,800 | 3 | 3 | 1,632 | 0.18 Acre |
| 1187 Park , Lincoln Park, MI, 48146 | $250,000 | 5 | 3 | 1,868 | -- |
| 1205 Garfield Avenue , Lincoln Park, MI, 48146 | $894,800 | 10 | 10 | 7,312 | 0.24 Acre |
| 4222 Drouillard Street , Lincoln Park, MI, 48146 | $1,095,000 | 12 | 12 | 7,133 | 0.25 Acre |
| 4186 Drouillard Street , Lincoln Park, MI, 48146 | $250,000 | 3 | 3 | 1,200 | 0.10 Acre |
| 4178 Drouillard Street , Lincoln Park, MI, 48146 | $250,000 | 3 | 3 | 3,600 | 0.17 Acre |
| 1870 Saint Johns Boulev.., Lincoln Park, MI, 48146 | $894,800 | 16 | 8 | 7,800 | 0.41 Acre |
| 2084 Markese Avenue , Lincoln Park, MI, 48146 | $210,000 | 4 | 2.5 | 1,794 | 0.27 Acre |
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 10/03/2026 @ 22:09
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