Sold for $114,500

$114,500

1593 Electric Ave, Lincoln Park, MI 48146

1beds

1,920sqft

Multi Family

Built in 1925

-- sqft lot

$128,200 Zestimate^®

$60/sqft

$1,201 Estimated rent

Home value

$128,200

$114,000 - $142,000

$1,201/mo

Zestimate^® history

Owner options

List your home for rent

$1,201/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,201/mo

Rent Zestimate^®

Refinance and save

$659/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$659/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Welcome home to this charming 2-bed multi-family investment opportunity! This gem blends modern comfort with classic charm nestled in the vibrant community of Lincoln Park. This is a 2-unit home, with one bed, one bath, living room and dining room, and then head upstairs to the cozy studio apartment. Both units have separate entrances; both units have full access to the basement for storage and laundry facilities. Gas and water were included in the rent, electricity was paid by tenants. Not interested in a Multi-Family, turn it back into a single-family 3-bedroom home. The choice is yours. Make your Christmas wish come true and schedule a showing today. C of O complete and being provided at closing

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Entrance Foyer
Basement: Common,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,920 sqft
Finished area above ground: 1,152
Finished area below ground: 768

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2
Patio & porch: Covered
Exterior features: Lighting, Private Entrance
Pool features: None

Lot

Size: 3,484 Square Feet
Dimensions: 35.00 x 105.00

Details

Parcel number: 45007080073000
Zoning description: MultiFamily, Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Aluminum Siding
Foundation: Basement, Block
Roof: Asphalt

Condition

New construction: No
Year built: 1925

Utilities & green energy

Electric: Service 100 Amp
Sewer: Public Sewer
Water: Public
Utilities for property: Above Ground Utilities

Community & HOA

Community

Subdivision: FREDERICK-ROBERTS-MCKENNY REALTY CO SUB P C 118

Location

Region: Lincoln Park

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $32,774
Annual tax amount: $2,342
Date on market: 12/21/2023
Cumulative days on market: 8 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA

Price history

Date	Event	Price
2/2/2024	Sold	$114,500-4.5%$60/sqft
Source: Realcomp II #20230105155 Report a problem
12/29/2023	Pending sale	$119,900$62/sqft
Source: Realcomp II #20230105155 Report a problem
12/21/2023	Price change	$119,900-11.2%$62/sqft
Source: Realcomp II #20230105155 Report a problem
12/14/2023	Listed for sale	$135,000+194.1%$70/sqft
Source: Owner Report a problem
2/27/2021	Listing removed	--
Source: Owner Report a problem
4/5/2020	Listing removed	$650
Source: Owner Report a problem
3/7/2020	Listed for rent	$650+8.3%
Source: Owner Report a problem
3/23/2019	Listing removed	$600
Source: Owner Report a problem
3/3/2019	Listed for rent	$600
Source: Owner Report a problem
7/6/2018	Listing removed	$45,900$24/sqft
Source: RE/MAX Innovation #218021382 Report a problem
6/24/2018	Price change	$45,900-2.1%$24/sqft
Source: RE/MAX Innovation #218021382 Report a problem
6/9/2018	Price change	$46,900-6.2%$24/sqft
Source: RE/MAX Innovation #218021382 Report a problem
5/20/2018	Price change	$49,999-8.9%$26/sqft
Source: RE/MAX Innovation #218021382 Report a problem
4/22/2018	Price change	$54,900-5.3%$29/sqft
Source: RE/MAX Innovation #218021382 Report a problem
4/16/2018	Price change	$58,000-6.3%$30/sqft
Source: RE/MAX Innovation #218021382 Report a problem
3/30/2018	Price change	$61,900-4.6%$32/sqft
Source: RE/MAX Innovation #218021382 Report a problem
3/21/2018	Listed for sale	$64,900$34/sqft
Source: RE/MAX Innovation #218021382 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$63,500 +38.9%
2024	--	$45,700 +20.9%
2023	--	$37,800 +14.5%
2022	--	$33,000 +10.7%
2021	--	$29,800
2020	$2,168	$29,800 +19.7%
2019	--	$24,900 +10.7%
2018	--	$22,500 +0.4%
2017	--	$22,400 -0.4%
2016	$1,794	$22,500 +1.8%
2015	$1,794 -24%	$22,100 -10.5%
2013	$2,360 +31.5%	$24,700 -2.8%
2012	$1,794	$25,400 -26.2%
2010	--	$34,400 -18.1%
2009	--	$42,000 -8.7%
2008	--	$46,000 +23%
2007	--	$37,400 +5.6%
2005	$1,227	$35,400 +2.9%
2003	--	$34,400 +66%
2001	--	$20,726 +3.2%
2000	$1,593	$20,084