$250,000

4186 Drouillard Street, Lincoln Park, MI 48146

  • 3 baths |
  • 1,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $208/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
July 6, 2026
Data Last Updated:
September 23, 2026 at 6:45AM
Listing Office:
Keller Williams Somerset : 248-649-7200
Listing Agent:
Joseph Hammel : 248-422-1685
MLS ID:
61008321
  • Heating: Forced Air
  • Style: Ranch
  • General: BrickOneSlab
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Lincoln Park Public Schools
  • County: Wayne
  • Zoning: 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
  • Water: Public
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Joseph Hammel , Keller Williams Somerset

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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