Investor’s Dream – Multifamily Brick Beauty with Expansion Potential! Currently bringing in $24,600 per year, and tenants pay their own utilities.
Welcome to this solid all-brick multifamily home in the heart of Lincoln Park. This income-generating property features two spacious flats, each offering 3 bedrooms and 1 bath, currently rented with separately metered utilities — ideal for long-term tenants or short-term leasing.
The partially finished basement includes two laundry setups, a bathroom, and a large open area ready to be converted into additional rental space or a common tenant amenity. Upstairs, the partially finished attic offers even more potential for expansion — think studio, office, or loft-style unit.
Outside, enjoy a detached 2-car garage, perfect for storage or added rental value. With its classic brick construction and versatile layout, this property is a rare find for investors seeking cash flow and future upside. Located near schools, shopping, and major highways — this one will not last.
Sold for $135,000
Street View
$135,000
1186 Mill St, Lincoln Park, MI 48146
6beds
2,600sqft
MultiFamily
Built in 1927
-- sqft lot
$226,600 Zestimate®
$52/sqft
$1,403 Estimated rent
Home value
$226,600
$190,000 - $265,000
$1,403/mo
Zestimate® history
Owner options
List your home for rent
$1,403/mo
Rent Zestimate®
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$1,403/mo
Rent Zestimate®
Refinance and save
$978/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$978/mo
Est. payment
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List your homeWhat's special
Classic brick constructionPartially finished basementVersatile layoutSolid all-brick multifamily homeTwo spacious flatsTwo laundry setups
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood, Laminate
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: None
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 45009030432000
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Asphalt
Condition
- Year built: 1927
Community & HOA
Location
- Region: Lincoln Park
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $109,400
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $135,000-44.9%$52/sqft |
Source: Public Record Report a problem | ||
| 12/17/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/7/2025 | Price change | $245,000-3.9%$94/sqft |
Source: Owner Report a problem | ||
| 7/28/2025 | Listed for sale | $255,000+218.8%$98/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/5/2020 | Listing removed | $995 |
Source: Owner Report a problem | ||
| 5/7/2020 | Listed for rent | $995+13.1% |
Source: Owner Report a problem | ||
| 8/1/2017 | Listing removed | $880 |
Source: Owner Report a problem | ||
| 7/18/2017 | Listed for rent | $880 |
Source: Owner Report a problem | ||
| 4/14/2008 | Sold | $80,000-44.8%$31/sqft |
Source: Public Record Report a problem | ||
| 7/13/2007 | Sold | $144,923-2.7%$56/sqft |
Source: Public Record Report a problem | ||
| 2/15/2006 | Sold | $149,000+14.6%$57/sqft |
Source: | ||
| 3/1/2001 | Sold | $130,000$50/sqft |
Source: Public Record Report a problem | ||
| 11/27/2000 | Sold | $130,000$50/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $109,400 +7.5% |
| 2024 | -- | $101,800 +25.2% |
| 2023 | -- | $81,300 +4.4% |
| 2022 | -- | $77,900 +18.8% |
| 2021 | -- | $65,600 |
| 2020 | $4,013 | $65,600 +9.9% |
| 2019 | -- | $59,700 +10.4% |
| 2018 | -- | $54,100 +6.1% |
| 2017 | -- | $51,000 -3.2% |
| 2016 | $4,473 | $52,700 +1.9% |
| 2015 | $4,473 -15.6% | $51,700 -4.8% |
| 2013 | $5,300 +18.5% | $54,300 -4.7% |
| 2012 | $4,473 | $57,000 -25.6% |
| 2010 | -- | $76,600 -18.4% |
| 2009 | -- | $93,900 -8.7% |
| 2008 | -- | $102,900 +23.8% |
| 2007 | -- | $83,100 +5.7% |
| 2005 | $3,558 | $78,600 +3% |
| 2003 | -- | $76,300 +27% |
| 2001 | -- | $60,100 +39.2% |
| 2000 | $2,164 | $43,190 |
Find assessor info on the county website
Neighborhood: 48146
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Keppen SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Lincoln Park Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Lincoln Park High SchoolGrades: 9-12Distance: 0.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$226,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$226,600
- Michigan
- Wayne County
- Lincoln Park
- 48146
- 1186 Mill St