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$260,000
$279,000 6.8%
Est. payment /mo
3 Baths
7,840 Sqft Lot
Sold on 08/05/2026
2180 Olive Avenue Lincoln Park, MI 48146
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Key Details
Sold Price $260,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Lincoln Park City
Subdivision Lincoln Park City
MLS Listing ID 20261046612
Sold Date 08/05/26
Year Built 1924
Annual Tax Amount $8,320
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 70X113
Source Realcomp
Property Description
GREAT INVESTMENT OPPORTUNITY! This fully occupied, income-producing multi-family property in Lincoln Park is a fantastic addition to any investment portfolio, generating $3,100 per month in rental income. The first-floor unit features 3 bedrooms and includes access to a full basement. The second floor offers two separate units: a spacious 1-bedroom front unit and a 2-bedroom rear unit. An oversized 2.5-car detached garage provides ample storage and added convenience. Whether you're a seasoned investor or looking to add your first multi-family property to your portfolio, this turnkey investment offers immediate cash flow and long-term potential. Showings are available with an accepted Purchase Agreement only.
Location
State MI
County Wayne
Zoning Multi-Family
Direction Outer Dr to Frank Ave to Olive Ave
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
View Y/N No
Building
Water Public
Structure Type Brick,Vinyl Siding
Schools
School District Lincoln Park
Others
Tax ID 45004030117300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by U.S. Investor Group