Fantastic unique investment opportunity with this Otsego Township Duplex close to Otsego High School and Middle School. Great for house hacking (live in one side rent out the other) or as an outright Investment Rental. Two units with separate utilities and all of the majors in great condition. 2012 water heaters, furnaces, and air conditioning. 2021 roof and siding. Electrical and plumbing in great condition as well as the well and septic. Both units share a large porch area and a one stall garage each. One unit has 3 bed 2.5 bath and finished square footage in the basement that includes a kitchenette while the other has 2 bed 1.5 bath and a large basement recreation area that could be finished. This property sits on 1.22 acres and has a beautiful backyard. The units could use some TLC in some areas but overall and in pretty good condition. Priced to sell!
Pending
$349,900
518 Lincoln Rd, Otsego, MI 49078
5beds
5baths
2,812sqft
:
Get pre-qualified$2,407/mo
2 to 4 Units
Built in 1974
-- sqft lot
$344,200 Zestimate®
$124/sqft
$-- HOA
What's special
Beautiful backyardOne stall garage each
- 32 days |
- 176 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Reed Hrynewich 231-740-2718,
Five Star Real Estate 231-733-3080
Source: MichRIC,MLS#: 26034962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Bathroom, Laundry Closet, Laundry Room, Main Level
Features
- Basement: Full
Interior area
- Total interior livable area: 2,812 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Driveway, Paved
Accessibility
- Accessibility features: 36' or + Hallway
Lot
- Size: 1.22 Acres
- Dimensions: 204 x 118 x 311 x 363
- Features: Level
Details
- Parcel number: 1702203510
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Otsego
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $186,700
- Annual tax amount: $5,872
- Date on market: 7/9/2026
- Listing terms: VA Loan,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$344,200
$327,000 - $361,000
$1,532/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Pending sale | $349,900$124/sqft |
Source:  MichRIC #26034962 Report a problem | ||
| 7/9/2026 | Listed for sale | $349,900$124/sqft |
Source: MichRIC #26034962 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,769 +5.9% | $189,700 +14.2% |
| 2024 | $7,339 | $166,100 +17.6% |
| 2023 | -- | $141,200 +10% |
| 2022 | -- | $128,400 -0.1% |
| 2021 | -- | $128,500 -0.4% |
| 2020 | -- | $129,000 +28.9% |
| 2019 | $2,421 +2.2% | $100,100 +8.9% |
| 2018 | $2,369 | $91,900 +9.5% |
| 2017 | -- | $83,900 +8.3% |
| 2016 | -- | $77,500 |
| 2015 | -- | $77,500 +18.5% |
| 2014 | $1,927 | $65,400 -12.1% |
| 2013 | $1,927 | $74,400 -3.5% |
| 2012 | -- | $77,100 -9.7% |
| 2011 | -- | $85,400 +1.1% |
| 2010 | -- | $84,500 -1.5% |
| 2009 | -- | $85,800 -4.1% |
| 2008 | -- | $89,500 +1.7% |
| 2007 | -- | $88,000 -20% |
| 2006 | -- | $110,000 +5.7% |
| 2005 | -- | $104,100 +16.4% |
| 2004 | -- | $89,400 +0.9% |
| 2003 | -- | $88,600 +10.3% |
| 2002 | -- | $80,300 |
| 2001 | -- | $80,300 |
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.Climate risks
Neighborhood: 49078
Nearby schools
GreatSchools rating
- 6/10Washington Street Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Otsego Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Otsego High SchoolGrades: 9-12Distance: 0.3 mi
- $272,400-- bd-- ba-- sqft516 Lincoln Rd, Otsego, MI 49078Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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