47 Pope Street Lapeer, MI ^$ 439,000

47 Pope Street

^$ 439,000

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47 Pope Street

Lapeer, MI, 48446

^$ 439,000

Studio Baths6.0 Sq 3,425

Monthly Estimate*

^$ 2,739

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Studio

Multi-Family Home for sale in Lapeer, MI

for $439,000 with 6 full baths. This 3,425 square foot home was built in 1860 on a lot size of 0.17.

6 Unit Multi-Family Investment Property Ã¢â¬â Near Downtown Lapeer. Each unit offers 1 bedroom and 1 bathroom, with separate gas and electric meters and individual furnaces - tenants pay their own utilities. Current Rent Roll: $4,300/month Full Occupancy Potential: $5,150/month ($61,800 annually) Owner Expenses: Water and trash With only one unit currently vacant and consistent rental income, this is a solid investment opportunity and an excellent addition to any real estate portfolio.

Multi-Family Active

Price

^$ 439,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,063

Style

Colonial,Farm House

Lot Size

0.17

Year Built

1860

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

60350638

Features

General

Heating Forced Air

Cooling Wall/Window A/C

Possession At Close

Water Public Water

Status Active Active

Full Baths 6

Half Baths 0

Bathrooms 6

Year Built 1860

Subdivision CITY OF LAPEER R ORIGINAL PLAT MI

Style Colonial Farm House

County Lapeer

Class MULTIFAMILY

Type Multi-Family

Net Income 41556

Ownership Private

Municipality Lapeer

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Lapeer (44001)

Primary City Lapeer

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20240075952

Directions North on Main St (M24) Turn E on W Genessee St Turn N on Pine St Turn E on Pope St

City Lapeer

School District Lapeer Community Schools

Financial Terms Cash Conventional FHA VA

Legal Description CITY OF LAPEER ORIGINAL PLAT NE 1/4 SE'LY 36 FT OF LOT 4 & NW'LY 74 FT OF LOT 5 & SW'LY 60 FT OF VAC ALLEY IN BLOCK 40 (L=1 P=73 SEC 5 T7N-R10E)

DOM 221

Postal Code 48446

Price Per Sq Ft Total AG 128.18

Public Remarks 6 Unit Multi-Family Investment Property Ã¢â¬â Near Downtown Lapeer. Each unit offers 1 bedroom and 1 bathroom

Interior

Basement Poured

Fireplace? No

Total Number of Units 6

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 120

Lot Size Area 0.17

Lot Dimensions 60.00 x 120.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Kimberly Bow

Listing Agent

Real Estate One

Broker

kimberly.sunde21@gmail.com

Affordability Calculator

$3,244

Per Month

Monthly Principal & Interest: $2,739
Monthly Property Taxes: $505
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lapeer, MI

Average List Price ^$318,500

Percent of Sale Price 27%

About Lapeer, MI

8,987 Population

-6% Since 2002

^$33,508 Median Income

36.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760258 Elementary School

760121 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/15/2025	$439,000	-1.35%	Price Down
4/22/2025	$445,000	-1.11%	Price Down
3/11/2025	$450,000	-3.23%	Price Down
10/29/2024	$465,000		Listed Price

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47 Pope Street, Lapeer, MI, 48446 is a Multi-Family Home for sale at $439,000 with 3,425 sqft and a lot size of 0.17. 47 Pope Street is a studio with 6.0 baths and was built in 1860. The property's zip code is 48446 which is in Lapeer, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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47 Pope Street

Multi-Family Home for sale in Lapeer, MI

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