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For sale
    • Price cut: $5K (8/7)
    $745,000

    1521 Electric Ave, Lincoln Park, MI 48146

    8beds
    5,492sqft
    : 
    $5,832/mo
    Get pre-qualified
    Multi Family
    Built in 1961
    -- sqft lot
    $716,000 Zestimate®
    $136/sqft
    $-- HOA

    What's special

    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.
    30 days
    |
    524
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill M Darwich 313-203-8214,

    Century 21 Curran & Oberski 313-274-7200,

    Dave W Abdallah 313-203-8209,

    Century 21 Curran & Oberski

    Source: Realcomp II,MLS#: 20261049506MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Window Units
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 5,492 sqft
      • Finished area above ground: 5,492

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Fencing: Fencingnot Allowed
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 80 x 113
      Details
      • Parcel number: 45007080088000
      • Zoning description: Commercial, MultiFamily
      • Special conditions: Corporate Relocation,Short Sale No

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1961
      • Major remodel year: 2022

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Above Ground Utilities

      Community & HOA

      Community
      • Security: Smoke Detectors
      • Subdivision: FREDERICK-ROBERTS-MCKENNY REALTY CO SUB P C 118
      Location
      • Region: Lincoln Park

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $62,175
      • Annual tax amount: $4,446
      • Date on market: 7/9/2026
      • Cumulative days on market: 30 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $716,000

        $680,000 - $752,000

        $1,225/mo

        Price history

        DateEventPrice
        8/7/2026Price change$745,000-0.7%$136/sqft
        Source: Realcomp II #20261049506 Report a problem
        7/9/2026Listed for sale$750,000+383.9%$137/sqft
        Source: Realcomp II #20261049506 Report a problem
        4/16/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/2/2023Listed for rent$800
        Source: Zillow Rentals Report a problem
        3/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/27/2023Listed for rent$800
        Source: Zillow Rentals Report a problem
        2/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/13/2023Listed for rent$800
        Source: Zillow Rentals Report a problem
        1/25/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/11/2023Listed for rent$800
        Source: Zillow Rentals Report a problem
        7/16/2004Sold$155,000$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $67,000 +12.8%
        2024-- $59,400 +8.6%
        2023-- $54,700 +3%
        2022-- $53,100 -2.7%
        2021-- $54,600
        2020$3,974 $54,600 +7.9%
        2019-- $50,600 -9.2%
        2018-- $55,700
        2017-- $55,700
        2016$4,297 $55,700
        2015$4,297 -22.9%$55,700
        2013$5,570 +29.6%$55,700
        2012$4,297 $55,700 -16.7%
        2010-- $66,900 -5.1%
        2009-- $70,500
        2008-- $70,500 -36.9%
        2007-- $111,700 +5.7%
        2005$5,077 $105,700 +3%
        2003-- $102,600 +66.2%
        2001-- $61,732 +3.2%
        2000$4,085 $59,818
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48146

        Getting around

        62 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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