Recent Price Improvement!!!
6 Unit Multi-Family Investment Property – Near Downtown Lapeer.
Each unit offers 1 bedroom and 1 bathroom, with separate gas and electric meters and individual furnaces—tenants pay their own utilities.
Current Rent Roll: $4,200/month with one unit vacant
Full Occupancy Potential: $5,050/month ($60,600 annually)
Owner Expenses: Water and trash
With only one unit currently vacant and consistent rental income, this is a solid investment opportunity and an excellent addition to any real estate portfolio.
For sale
Price cut: $11K (5/19)
$428,000
47 Pope St, Lapeer, MI 48446
6beds
3,425sqft
Multi Family
Built in 1860
-- sqft lot
$420,100 Zestimate®
$125/sqft
$-- HOA
What's special
Individual furnaces
- 107 days |
- 275 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly A Bow 248-625-0200,
Real Estate One 248-625-0200
Source: Realcomp II,MLS#: 20261017954
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Natural Gas
Cooling
- Wall Units
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 3,425 sqft
- Finished area above ground: 3,425
Video & virtual tour
Property
Parking
- Parking features: Parking Lot, On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 60.00 x 120.00
Details
- Additional structures: Sheds
- Parcel number: L203880004000
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Farmhouse
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1860
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: CITY OF LAPEER R ORIGINAL PLAT
Location
- Region: Lapeer
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $139,185
- Annual tax amount: $6,063
- Date on market: 3/19/2026
- Cumulative days on market: 107 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$420,100
$399,000 - $441,000
$1,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Price change | $428,000-2.5%$125/sqft |
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| 3/20/2026 | Listed for sale | $439,000$128/sqft |
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| 2/2/2026 | Listing removed | $439,000$128/sqft |
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| 8/15/2025 | Price change | $439,000-1.3%$128/sqft |
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| 8/5/2025 | Listed for sale | $445,000$130/sqft |
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| 5/13/2025 | Pending sale | $445,000$130/sqft |
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| 4/22/2025 | Price change | $445,000-1.1%$130/sqft |
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| 3/10/2025 | Listed for sale | $450,000-3.2%$131/sqft |
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| 11/20/2024 | Listing removed | $465,000$136/sqft |
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| 10/29/2024 | Listed for sale | $465,000+13.4%$136/sqft |
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| 4/14/2023 | Sold | $410,000-2.1%$120/sqft |
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| 2/15/2023 | Pending sale | $419,000$122/sqft |
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| 11/15/2022 | Listed for sale | $419,000$122/sqft |
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| 10/11/2022 | Listing removed | -- |
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| 10/10/2022 | Listed for sale | $419,000$122/sqft |
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| 9/25/2022 | Pending sale | $419,000$122/sqft |
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| 9/13/2022 | Listed for sale | $419,000$122/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48446
Nearby schools
GreatSchools rating
- 6/10C.K. Schickler Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 3/10Zemmer Middle SchoolGrades: 8-9Distance: 1.5 mi
- 8/10Lapeer East Senior High SchoolGrades: 10-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Lapeer County
- Lapeer
- 48446
- 47 Pope St









