For sale

Price cut: $12.5K (9/10)

$250,000

4186 Drouillard St, Lincoln Park, MI 48146

3beds

1,200sqft

$2,024/mo

Get pre-qualified

Multi Family

Built in 1958

-- sqft lot

$249,800 Zestimate^®

$208/sqft

$-- HOA

What's special

Great opportunity in the Lincoln Park neighborhood! 5 of the 6 units are currently rented and they are working on filling the 6th, 2 units newly renovated. 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 once the final unit is filled will be roughly $5200/month. Walkthrough video available from agent. FHA, VA, Conventional, Hard Money, cash or all welcome for offers. No access without accepted offers.

52 days
212
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Features

Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 1,200 sqft
Finished area above ground: 1,200

Property

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 4,356 Square Feet
Dimensions: 40 x 108

Details

Parcel number: 45021080174000
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

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

Materials

Brick
Foundation: Slab

Condition

New construction: No
Year built: 1958
Major remodel year: 2026

Utilities & green energy

Sewer: Sewer At Street
Water: Public

Community & HOA

Community

Subdivision: LINCOLN PARK HIGHLANDS SUB

Location

Region: Lincoln Park

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $43,231
Annual tax amount: $3,092
Date on market: 7/6/2026
Cumulative days on market: 52 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,Va Loan

Estimated market value

$249,800

$237,000 - $262,000

$1,525/mo

Price history

Date	Event	Price
9/10/2026	Price change	$250,000-4.8%$208/sqft
Source: Realcomp II #20261050386 Report a problem
8/24/2026	Listed for sale	$262,500$219/sqft
Source: Realcomp II #20261050386 Report a problem
8/12/2026	Pending sale	$262,500$219/sqft
Source: Realcomp II #20261050386 Report a problem
7/20/2026	Price change	$262,500-4.5%$219/sqft
Source: Realcomp II #20261050386 Report a problem
7/6/2026	Listed for sale	$275,000+177.8%$229/sqft
Source: Realcomp II #20261050386 Report a problem
3/14/2010	Listing removed	$99,000$83/sqft
Source: KELLER WILLIAMS LIV MKT CNTR #210009202 Report a problem
1/31/2010	Price change	$99,000-60.4%$83/sqft
Source: KELLER WILLIAMS LIV MKT CNTR #210009202 Report a problem
1/29/2010	Listed for sale	$249,900$208/sqft
Source: KELLER WILLIAMS LIV MKT CNTR #210009202 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$66,200 +16.5%
2024	--	$56,800 +9%
2023	--	$52,100 +3.8%
2022	--	$50,200 -4.4%
2021	--	$52,500
2020	$2,643	$52,500 +33.2%
2019	--	$39,400 +13.2%
2018	--	$34,800 -0.6%
2017	--	$35,000 +1.2%
2016	$3,473	$34,600 -23.1%
2015	$3,473 -22.8%	$45,000
2013	$4,500 +29.6%	$45,000
2012	$3,473	$45,000 -21.5%
2010	--	$57,300 -1.4%
2009	--	$58,100
2008	--	$58,100 -27.3%
2007	--	$79,900 +5.7%
2005	$2,635	$75,600 +3%
2003	--	$73,400 +64.9%
2001	$3,169 +7.6%	$44,502 +3.2%
2000	$2,945	$43,123