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

Lincoln Park, MI, 48146
$ 750,000
Bedrooms-- Baths-- Sq 4,403

Monthly Estimate*

$ 4,736

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Commercial Property for sale in Lincoln Park, MI

for $750,000. This 4,403 square foot building 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.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 4,446

Style

RealEstateOnly

Lot Size

0.21

Year Built

1961

Town/City

Lincoln Park

County/Region

Wayne

MLS | Web ID

20261052448
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities AboveGroundUtilities
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Construction Materials Brick
Year Built 1961
Electric CircuitBreakers
Levels One
Property Subtype RealEstateOnly
Current Use MultiFamily
Business Type Apartments Commercial
County Wayne
Net Operating Income 1.0
Operating Expense 1.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name FREDERICK-ROBERTS-MCKENNY REALTY CO SUB P C 118
Garage Y/N N
Status Active
Directions On Electric Between O Connor Ave & Russell Ave.
City LincolnParkCity_Wayne
Senior Community Y/N N
High School District LincolnPark
Zoning Description Commercial MultiFamily
Number Of Units Total 8
MLS Area Area05143LincolnPark
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 8
Land Lease Y/N N
Tax Annual Amount 4446.0
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 62175
Expected Active Date 2026-07-09
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
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 4403.0
Lot Dimensions 80 X 113
Lot Size Acres 0.21
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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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4403.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1521
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* Excluded Features
List By
Bill M Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 203-8214

Phone

Affordability Calculator

$5,106
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,736
Monthly Property Taxes
$371
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
7/9/2026$750,000 Listed Price

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1521 Electric Avenue, Lincoln Park, MI, 48146 is a Commercial Property for sale at $750,000 with 4,403 sqft and a lot size of 0.21. 1521 Electric Avenue was built in 1961. The property's zip code is 48146 which is in Lincoln Park, MI

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