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4178 Drouillard Street

Lincoln Park MI 48146

3
3600 sq. ft.
0.17 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

3 bathrooms
3600 sq. ft. floor area
0.17 ac. lot size
Multi-Family

Property history for 4178 Drouillard Street

2025
Sold
$450,000
16 Sep 2025 by DENNIS BARROW, of Premiere Realty Group LLC

Happy sellers in Lincoln Park

93%
93% of sellers in Lincoln Park reported that their sale price either exceeded or met their price expectations.

Lincoln Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Lincoln Park over the last 12 months.

Local market activity for multi families in Lincoln Park

In the last 12 months, 21 multi families similar to 4178 Drouillard Street, have been sold.

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