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2180 Olive Avenue Lincoln Park, MI $ 279,000
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$ 279,000 Get more info
2180 Olive Avenue
$ 279,000
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2180 Olive Avenue

Lincoln Park, MI, 48146
$ 279,000
Bedrooms3 Baths3.0 Sq 2,016

Monthly Estimate*

$ 1,762

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Multi-Family Home for sale in Lincoln Park, MI

for $279,000 with 3 bedrooms and 3 full baths. This 2,016 square foot home was built in 1924 on a lot size of 0.18.

GREAT INVESTMENT OPPORTUNITY! This fully occupied, income-producing multi-family property in Lincoln Park is a fantastic addition to any investment portfolio, generating $3,100 per month in rental income. The first-floor unit features 3 bedrooms and includes access to a full basement. The second floor offers two separate units: a spacious 1-bedroom front unit and a 2-bedroom rear unit. An oversized 2.5-car detached garage provides ample storage and added convenience. Whether you're a seasoned investor or looking to add your first multi-family property to your portfolio, this turnkey investment offers immediate cash flow and long-term potential. Showings are available with an accepted Purchase Agreement only.

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Multi-Family Active

Price

$ 279,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,320

Style

Lot Size

0.18

Year Built

1924

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20261046612
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WindowUnits
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Patio
Architectural Style Other
Pool Features None
Construction Materials Brick VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1924
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 32600.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name DIX BLVD VILLAS SUB - LINCOLN PARK
Garage Y/N Y
Full Baths 3
Status Active
Directions Outer Dr to Frank Ave to Olive Ave
City LincolnParkCity_Wayne
Disclosures ExclusionsDoNotExist ProjectedIncome 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 8320.0
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 Active
Occupancy Type Tenant
Tax Assessed Value 116399
Expected Active Date 2026-06-22
Legal Description DC117 118 LOTS 117 AND 118 ALSO S 1/2 ADJ VAC ALLEY DIX BOULEVARD VILLAS SUB PC 59 51 L49 P42 WCR
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2016.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Parking Features Garage
Water Source Public
Total Parking 1.0
Foundation Details Basement Block
Spa N
Lot Dimensions 70X113
Lot Size Acres 0.18
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 2180
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* Excluded Features
List By
Al Baydoun

Listing Agent

U.S. Investor Group

Broker

(313) 673-2655

Phone

Affordability Calculator

$2,455
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,762
Monthly Property Taxes
$693
Monthly 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
4909450 Elementary School
4909391 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/22/2026$279,000 Listed Price

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2180 Olive Avenue, Lincoln Park, MI, 48146 is a Multi-Family Home for sale at $279,000 with 2,016 sqft and a lot size of 0.18. 2180 Olive Avenue has 3 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 48146 which is in Lincoln Park, MI

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