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3 Baths
1,200 sqft

$230,000

4186 Drouillard Street, Lincoln Park City Wayne Michigan, 48146

Price per sqft$191.67
Built in1958
Property size1,200 sqft
Property typeMulti-family

Overview

Active

Listed Jul 6, 2026

Updated 4 days ago

Property to be sold as-is, all units are fully leased out now, NO WALKTHROUGHS OR INSPECTIONS IN PERSON WITHOUT AN LOI OR OFFER IN HAND. Please reach out to the agent if you’d like additional information or photos. Great opportunity in the Lincoln Park neighborhood! Both buildings 4178 and 4186 Drouillard are separate tax IDs and can be purchased together or separately. The roof, furnaces, and water heaters have all been recently inspected and are in great shape! Properties with similar finishes and layouts have sold quickly in the and market rents are $850-1000 per month for prospective investors. Cap rate is around 8-9% currently and expected income is roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers.

$1,530/mo

Est. mortgage payment based on a $230,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261050386

Interior Features

Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$3,092
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Keller Williams Somerset

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Originating MLS:
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Data last updated 4:40 AM UTC, 10/8/2026

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