$175,000

1506 Chandler Ave Lincoln Park, MI 48146

Estimated payment $1,181/month

Total Views 520
4 Beds
2 Baths
1,695 Sq Ft
$103 Price per Sq Ft

About This Home

Duplex on a Corner Lot in Lincoln Park, MI!

Welcome to your next investment opportunity! This duplex features two spacious 2-bedroom, 1-bath rental units, each with its own basement for added convenience and storage. Nestled on a prime corner lot, this property offers both comfort and potential.

The front unit has modern updates, including a reliable boiler and hot water tank, ensuring peace of mind for future tenants.

With a newer roof (2017) and a newly replaced main drain (2025), this duplex is ready for years of hassle-free living.

Highlights:

- Two separate 2-bedroom, 1-bath units/ Separate utilities

- Individual basements for each unit

- Updated electrical in both units with outdoor emergency shutoff (2025).

- Hot water tank and boiler updated in front unit.

- Prime corner lot in Lincoln Park, close to shopping and transportation.

- No showings until an offer is accepted. A unique opportunity for savvy investors!

This property is owned by a licensed real estate agent. Agent is related to seller, ensuring a smooth and transparent transaction. Don’t miss out on this exceptional investment opportunity – secure your future in Lincoln Park today! Buyer's agent to verify all information.

Listing Agent

Chris England

Worth Clark Realty License #6501433887 Listed on: 08/10/2025

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x111.01

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,695 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Heat Pump System
  • Heating System Uses Steam
  • Radiant Heating System
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 45007080001000

Community Details

Overview

  • 2 Units
  • Frederick Roberts Mckenny Realty Co Sub P C 118 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1938
  • State Equalized Value: 69100.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1695
  • Total Sq Ft: 1695
  • Sq Ft Total Bsmt: 1130

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved
  • Sideof Street: W

Utilities

  • Heating Fuel: Heat Pump
  • Heating: Heat Pump, Radiant, Separate Meters, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas

Schools

  • School District: Lincoln Park

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30X111.01
  • Parcel Number: 45007080001000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 1675

Tax Info

  • Tax Amount Summer: 2265.0000
  • Tax Amount Winter: 410.0000
  • Total Tax: 2675.0000
  • Taxable Value: 36726.0000

Multi Family

  • Gross Scheduled Income: 20100.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lincoln Park

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,265 $71,800 $0 $0
2024 $2,265 $69,100 $0 $0
2023 $2,150 $57,200 $0 $0
2022 $2,394 $47,400 $0 $0
2021 $2,337 $41,100 $0 $0
2020 $2,314 $37,400 $0 $0
2019 $1,939 $33,300 $0 $0
2018 $1,790 $30,500 $0 $0
2017 $898 $30,100 $0 $0
2016 $2,131 $30,100 $0 $0
2015 $2,950 $29,500 $0 $0
2013 $3,150 $32,300 $0 $0
2012 $2,669 $33,900 $4,700 $29,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 For Sale $175,000 -- $103 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Multiple
Warranty Deed $81,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,200 New Conventional
Closed $9,650 Stand Alone Second
Previous Owner $61,661 FHA
Source: Public Records

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Source: Realcomp

MLS Number: 20251017287

Realcomp

APN: 45-007-08-0001-000