957 Park Avenue
Lincoln Park, Michigan 48146
4
Bed
4
Bath
1,845Sqft
0.19Acre(Lot)
Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 11.6% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to an experienced investor’s portfolio or an excellent opportunity for those looking to enter the multifamily market. With
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 4 Full Baths: 4 -
Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
-
Building Information
Year Built: 1924 Building Stories: 1 1/2 Story Total Units: 4 Foundation/Basement: Basement Architecture: Other -
Exterior Features
Construction: Aluminum -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
-
Lot Information
Lot Size: 0.19 Lot Dimensions: 75X108 Frontage Feet: 75 -
Property Information
SQ ft: 1845 Subdivision: Suburban Park Sub Financing: Cash,Conventional
-
Listing Price Information
Original List Price: $235,000 -
Listing Information
Possession: At Close Legal Description: FC223 LOT 223 SUBURBAN PARK SUB PC 85,92 L29 P46 WCR
-
Tax Information
Annual Tax: $2,839 Parcel Number: 45008030223000Possession
At CloseLegal Information
Legal Description: Section: FC223 LOT 223 SUBURBAN PARK SUB PC 85,92 L29 P46 WCR
-
Unit 1 Information
# of Bedrooms: 4
-
School Information
School District: Lincoln Park -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
| 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 |
| 2180 Olive Avenue , Lincoln Park, MI, 48146 | $279,000 | 6 | 3 | 2,016 | 2,016 SqFt |
Similar Multifamily To 957 Park Avenue
Nearby For Sale
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 07/01/2026 @ 22:16
More Cities with for Sale by Owner Homes
- Lincoln Park Homes For Sale By Owner
- Allen Park Homes For Sale By Owner
- Ecorse Homes For Sale By Owner
- Melvindale Homes For Sale By Owner
- Southgate Homes For Sale By Owner
- Wyandotte Homes For Sale By Owner
- Dearborn Homes For Sale By Owner
- Taylor Homes For Sale By Owner
- Riverview Homes For Sale By Owner
- Inkster Homes For Sale By Owner
- Grosse Ile Homes For Sale By Owner
- Trenton Homes For Sale By Owner
- Brownstown Homes For Sale By Owner
- Dearborn Heights Homes For Sale By Owner
- Romulus Homes For Sale By Owner
- River Rouge Homes For Sale By Owner
- Detroit Homes For Sale By Owner
- Garden City Homes For Sale By Owner
- Wayne Homes For Sale By Owner
- Flat Rock Homes For Sale By Owner
Homes around $225,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.