1187 Park Ave Lincoln Park, MI $ 140,000
1187 Park Ave
$ 140,000
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1187 Park Ave

Lincoln Park, MI, 48180
$ 140,000
Baths3.0 Sq 1,868

Monthly Estimate*

$ 873

1187 Park Ave, Lincoln Park, MI 48180 - Image 1
Studio

Multi-Family Home for sale in Lincoln Park, MI

for $140,000 with 3 full baths. This 1,868 square foot home was built in 1928.

Great opportunity. Leases in place until end of year but renewable. New furnace. Great neighborhood.

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Multi-Family Pending

Price

$ 140,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 40,409

Style

Colonial

Year Built

1928

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20251046989

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession RentalAgreement
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1928
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 18000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 3
Status Pending
Directions Turn from Southfield onto McKinley then to park
City LincolnParkCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District LincolnPark
Zoning Description MultiFamily
Number Of Units Total 3
MLS Area Area05143LincolnPark
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 40409.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 140000
Expected Active Date 2025-10-19
Legal Description See legal
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Interior
Basement Finished Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1368.0
Half Baths 0
Below Grade Finished Area 500.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 10 x15
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1187
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* Excluded Features
List By
Darcee Matlen

Listing Agent

Pepper Park Realty

Broker

(248) 770-8116

Phone

Affordability Calculator

$4,241
Per Month
21%
79%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$3,367
Monthly 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
4909450 Elementary School
4909391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2025$140,000 Listed Price

Map


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1187 Park Ave, Lincoln Park, MI, 48180 is a Multi-Family Home for sale at $140,000 with 1,868 sqft. 1187 Park Ave is a studio with 3.0 baths and was built in 1928. The property's zip code is 48180 which is in Lincoln Park, MI