For Sale
4178 Drouillard Street, Lincoln Park, MI 48146
$275,000
MLS # 20261050375 (Realcomp)
Built 19570.17 acres
1 / 10
Listing Description
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.
Source: SparkMLS
About this home
Located in Lincoln Park in Lincoln Park, this property offers 6-bath, with original construction dating to 1957.
Currently offered at $275,000.
Annual property taxes run approximately $3,110 ($259/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms6
Lot Size0.17 acres
Year Built1957
Location
CityLincoln Park
MunicipalityLincoln Park City
Zip Code48146
CountyWayne
School DistrictLincoln Park
Construction & Systems
ConstructionBrick
BasementSlab
WaterPublic
Sale & Financing
Listed7/5/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,110
Parcel #45021080172002
Source: SparkMLS
Legal Description
QD172B 173 S 25 FT OF LOT 172 ALSO LOT 173 ALSO E 1/2 ADJ VAC ALLEY LINCOLN PARK HIGHLANDS SUB FRAC SEC 19 L46 P91 WCR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
Frequently Asked Questions about 4178 Drouillard Street, Lincoln Park, MI 48146
Which school district serves 4178 Drouillard Street, Lincoln Park, MI 48146?
Per MLS# 20261050375, 4178 Drouillard Street, Lincoln Park, MI 48146 is in the Lincoln Park boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lincoln Park directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261050375, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 4178 Drouillard Street, Lincoln Park, MI 48146?
Per public tax records, annual property taxes for this property are $3,110. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4178 Drouillard Street, Lincoln Park, MI 48146 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 4178 Drouillard Street, Lincoln Park, MI 48146 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 4178 Drouillard Street, Lincoln Park, MI 48146?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,784
Principal & interest$1,784
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4178 Drouillard Street, Lincoln Park, MI 48146
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Municipality
Lincoln Park
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County
Wayne County
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