1518 Hanover Street Lincoln Park, MI ^$ 260,000

1518 Hanover Street

^$ 260,000

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1518 Hanover Street

Lincoln Park, MI, 48146

^$ 260,000

Studio Baths3.3 Sq 3,024

Monthly Estimate*

^$ 1,642

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Studio

Multi-Family Home for sale in Lincoln Park, MI

for $260,000 with 3 full baths, 3 half baths. This 3,024 square foot home was built in 2015 on a lot size of 0.19.

3 unit multifamily building, great investment opportunity, 100% leased out with long term tenants in place, each unit features 1-bedroom, living room, dining area & bathroom, on-site laundry available, large parking lot shared between apartments and parking in front, each unit has separate utility meters, except water which is included in rental price, room for rental increases, do not disturb tenants, nice curb appeal, all data apx.

Multi-Family Coming Soon

Price

^$ 260,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 5,708

Style

Ranch

Lot Size

0.19

Year Built

2015

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

61021069

Features

General

Heating Forced Air

Cooling Window Unit(s)

Possession Negotiable (Possession)

Water Community

Status Active Coming Soon

Full Baths 3

Half Baths 3

Bathrooms 6

Year Built 2015

Subdivision Elmwood Heights Sub MI

Water Heater Electric

Style Ranch

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 26400

Ownership Private

Municipality Lincoln Park

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 4

Structure Style 1 Story

Area Lincoln Park (82143)

Primary City Lincoln Park

Directions Southfield to Hanover

City Lincoln Park

School District Lincoln Park Public Schools

Financial Terms Cash Conventional

Legal Description EA61 EA62* LOT 61 A ND LOT 62 ELMWOOD HEIGHTS SUB PC 50 L35 P31 WCR

DOM 1

Postal Code 48146

Price Per Sq Ft Total AG 85.98

Public Remarks 3 unit multifamily building great investment opportunity 100% leased out with long term tenants in place each unit features 1-bedroom living room dining area & bathroom on-site laundry available

Exterior

Exterior Brick Vinyl Siding

Exterior Amenities Fenced Yard Porch

Lot Size Area 0.19

Lot Dimensions IRREG

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Jeff Glover

Listing Agent

Kw Professionals

Broker

adminteam@gloveragency.com

Affordability Calculator

$2,117

Per Month

Monthly Principal & Interest: $1,642
Monthly Property Taxes: $476
Monthly Home Insurance: --

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Interest Rate

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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 ^$451,864

Percent of Sale Price 74%

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
8/13/2026	$260,000		Listed Price

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1518 Hanover Street, Lincoln Park, MI, 48146 is a Multi-Family Home for sale at $260,000 with 3,024 sqft and a lot size of 0.19. 1518 Hanover Street is a studio with 3.3 baths and was built in 2015. 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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1518 Hanover Street

Multi-Family Home for sale in Lincoln Park, MI

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