1521 Electric Avenue Lincoln Park, MI ^$ 750,000

1521 Electric Avenue

^$ 750,000

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Recently Listed

1521 Electric Avenue

Lincoln Park, MI, 48146

^$ 750,000

Studio Baths8.0 Sq 5,492

Monthly Estimate*

^$ 4,736

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Studio

Multi-Family Home for sale in Lincoln Park, MI

for $750,000 with 8 full baths. This 5,492 square foot home was built in 1961 on a lot size of 0.21.

8 unit apartment building, 2 separate buildings with 4 (one) bedroom units in each building, each unit consists of living room, kitchen, bedroom & bathroom, on-site laundry available, large parking lot shared between buildings, 100% tenant occupied, nice curb appeal, all data apx.

Multi-Family Active

Price

^$ 750,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,446

Style

Ranch

Lot Size

0.21

Year Built

1961

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

61009607

Features

General

Heating Forced Air

Cooling Window Unit(s)

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 8

Half Baths 0

Bathrooms 8

Year Built 1961

Subdivision Frederick-Roberts-McKenny Realty Co Sub P C 118 MI

Water Heater Gas

Style Ranch

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 1

Ownership Corporation

Municipality Lincoln Park

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Lincoln Park (82143)

Primary City Lincoln Park

Directions On Electric between O Connor Ave & Russell Ave.

City Lincoln Park

School District Lincoln Park Public Schools

Financial Terms Cash Conventional

Legal Description EK 88 89 90A LOTS 88 AND 89 ALSO THE SLY 20 FT OF LOT 90 ALSO W 1/2 ADJ VAC ALLEY FREDERICK-ROBERTS-MCKENNEY REALTY CO'S SUB PC 118 L32 P49 WCR

DOM 0

Postal Code 48146

Price Per Sq Ft Total AG 136.56

Public Remarks 8 unit apartment building 2 separate buildings with 4 (one) bedroom units in each building each unit consists of living room kitchen bedroom & bathroom on-site laundry available

Exterior

Exterior Brick

Frontage 80

Lot Size Area 0.21

Lot Dimensions 80 X 113

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 8

Fuel Type Natural Gas

* Excluded Features

List By

Bill Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

billdarwich1@gmail.com

Affordability Calculator

$5,106

Per Month

Monthly Principal & Interest: $4,736
Monthly Property Taxes: $371
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 Lincoln Park, MI

Average List Price ^$390,858

Percent of Sale Price 48%

About Lincoln Park, MI

37,623 Population

-6% Since 2002

^$41,099 Median Income

38.7 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759599 Elementary School

760157 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/9/2026	$750,000		Listed Price

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1521 Electric Avenue, Lincoln Park, MI, 48146 is a Multi-Family Home for sale at $750,000 with 5,492 sqft and a lot size of 0.21. 1521 Electric Avenue is a studio with 8.0 baths and was built in 1961. The property's zip code is 48146 which is in Lincoln Park, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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1521 Electric Avenue

Multi-Family Home for sale in Lincoln Park, MI

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