220 W Park Street Lapeer, MI ^$ 198,000

220 W Park Street

^$ 198,000

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220 W Park Street

Lapeer, MI, 48446

^$ 198,000

Studio Baths2.0 Sq 1,621

Monthly Estimate*

^$ 1,235

220 W Park Street, Lapeer, MI 48446 - Image 1

220 W Park Street, Lapeer, MI 48446 - Image 2

220 W Park Street, Lapeer, MI 48446 - Image 3

220 W Park Street, Lapeer, MI 48446 - Image 4

220 W Park Street, Lapeer, MI 48446 - Image 5

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220 W Park Street, Lapeer, MI 48446 - Image 7

220 W Park Street, Lapeer, MI 48446 - Image 8

Studio

Multi-Family Home for sale in Lapeer, MI

for $198,000 with 2 full baths. This 1,621 square foot home was built in 1890 on a lot size of 0.17.

**Charming Duplex in the Heart of Lapeer!** Fully rented 2-unit property offering a great investment opportunity. The **main floor unit** features 2 spacious bedrooms, beautiful hardwood floors, a **newly updated bathroom**, convenient **laundry area**, and access to both a **side porch** and **garage**. The **upper unit** has a bright, open layout - perfect for easy living. All **appliances included** (refrigerators and stoves). Please allow **24-hour notice** for all showings. A perfect time to add a reliable rental to your portfolio! 📍 **220/222 W Park St, Lapeer**

Multi-Family Active

Price

^$ 198,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,062

Style

Lot Size

0.17

Year Built

1890

Town/City

Lapeer

County/Region

Lapeer

MLS | Web ID

60945607

Features

General

Heating Forced Air

Possession Rental Agreement

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1890

Subdivision City Of Lapeer R Lapeer Village MI

County Lapeer

Class MULTIFAMILY

Type Multi-Family

Net Income 20830

Ownership Private

Municipality Lapeer

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Lapeer (44001)

Primary City Lapeer

Directions Court to Park second house west of Park.

City Lapeer

School District Lapeer Community Schools

Financial Terms Cash Conventional

Legal Description CITY OF LAPEER LAPEER VILLAGE PLAT SW'LY 60 FT OF NE'LY 120 FT OF BLK KNOWN AS CONGREGATIONAL CHURCH LOT (L=1 P=73 SEC 5 T7N-R10E)

DOM 63

Postal Code 48446

Price Per Sq Ft Total AG 122.15

Public Remarks **Charming Duplex in the Heart of Lapeer!** Fully rented 2-unit property offering a great investment opportunity. The **main floor unit** features 2 spacious bedrooms beautiful hardwood floors

Interior

Basement Block MI Basement Stone

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Wood

Exterior Amenities Porch

Lot Size Area 0.17

Lot Dimensions 60x120

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jeanne McCorkle

Listing Agent

Exit Realty Group

Broker

jeanne@exitrealtygroup.net

Affordability Calculator

$1,407

Per Month

Monthly Principal & Interest: $1,235
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Loan Term

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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 ^$272,333

Percent of Sale Price 38%

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
10/16/2025	$198,000		Listed Price

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220 W Park Street, Lapeer, MI, 48446 is a Multi-Family Home for sale at $198,000 with 1,621 sqft and a lot size of 0.17. 220 W Park Street is a studio with 2.0 baths and was built in 1890. 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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220 W Park Street

Multi-Family Home for sale in Lapeer, MI

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