4186 Drouillard Street
Lincoln Park, Michigan 48146
6
Bed
6
Bath
1,200Sqft
0.10Acre(Lot)
Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 6 Full Baths: 6 -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1958 Building Stories: 1 Story Total Units: 6 Foundation/Basement: Slab Architecture: Ranch -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer at Street -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.10 Lot Dimensions: 40X108 -
Property Information
SQ ft: 1200 Subdivision: Lincoln Park Highlands Sub Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $275,000 -
Listing Information
Possession: At Close Legal Description: QD174 175A1 LOT 174 AND THE N 5 FT OF LOT 175 ALSO E 1/2 ADJ VAC ALLEY LINCOLN PARK HIGHLANDS SUB FRAC SEC 19 L46 P91 WCR
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Tax Information
Annual Tax: $3,092 Parcel Number: 45021080174000Possession
At CloseLegal Information
Legal Description: Section: QD174 175A1 LOT 174 AND THE N 5 FT OF LOT 175 ALSO E 1/2 ADJ VAC ALLEY LINCOLN PARK HIGHLANDS SUB FRAC SEC 19 L46 P91 WCR
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Unit 1 Information
# of Bedrooms: 6
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School Information
School District: Lincoln Park -
Utility Information
Water: Public (Municipal) Sewer: Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 957 Park Avenue , Lincoln Park, MI, 48146 | $225,000 | 4 | 4 | 1,845 | 1,845 SqFt |
| 1432 Charter Street , Lincoln Park, MI, 48146 | $269,800 | 3 | 3 | 1,632 | 1,632 SqFt |
| 1205 Garfield Avenue , Lincoln Park, MI, 48146 | $899,800 | 10 | 10 | 7,312 | 7,312 SqFt |
| 4222 Drouillard Street , Lincoln Park, MI, 48146 | $1,100,000 | 12 | 12 | 7,133 | 7,133 SqFt |
| 4178 Drouillard Street , Lincoln Park, MI, 48146 | $275,000 | 6 | 6 | 3,600 | 3,600 SqFt |
| 1532 Euclid Street , Lincoln Park, MI, 48146 | $355,000 | 4 | -- | -- | |
| 1419 Progress Avenue , Lincoln Park, MI, 48146 | $150,000 | 4 | 2 | 1,449 | 1,449 SqFt |
| 1504 Mclain Avenue , Lincoln Park, MI, 48146 | $269,800 | 3 | 3 | 1,800 | 1,800 SqFt |
Similar Multifamily To 4186 Drouillard Street
Nearby For Sale
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ByOwner last updated this listing 07/08/2026 @ 21:07
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