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For sale
    • Price cut: $12.5K (7/20)
    $262,500

    4186 Drouillard St, Lincoln Park, MI 48146

    3beds
    1,200sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $261,300 Zestimate®
    $219/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.
    20 days
    |
    506
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Hammel 248-422-1685,

    Keller Williams Somerset 248-649-7200,

    Julia Fradette 248-609-8000,

    Keller Williams Paint Creek

    Source: Realcomp II,MLS#: 20261050386MLS Logo

      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: $219/sqft
      • Tax assessed value: $43,231
      • Annual tax amount: $3,092
      • Date on market: 7/6/2026
      • Cumulative days on market: 20 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        $261,300

        $248,000 - $274,000

        $1,242/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        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

        75 / 100
        Very Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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