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Sold
  • $315,000

    518 Lincoln Rd, Otsego, MI 49078

    5beds
    5baths
    2,812sqft
    2 to 4 Units
    Built in 1974
    -- sqft lot
    $345,300 Zestimate®
    $112/sqft
    $1,699 Estimated rent

    Home value

    $345,300

    $328,000 - $363,000

    $1,699/mo

    Zestimate® history
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    What's special

    Beautiful backyardOne stall garage each
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Reed Hrynewich 231-740-2718,

    Five Star Real Estate

    Bought with:

    Elizabeth M Opatic, 6501295497

    RE/MAX SunQuest Realty

    Source: MichRIC,MLS#: 26034962MLS Logo

    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

    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: $112/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

    Price history

    DateEventPrice
    8/25/2026Sold$315,000-10%$112/sqft
    Source: MichRIC #26034962 Report a problem
    7/16/2026Pending sale$349,900$124/sqft
    Source: MichRIC #26034962 Report a problem
    7/9/2026Listed for sale$349,900$124/sqft
    Source: MichRIC #26034962 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 49078

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $345,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $345,300