1613 Lapeer Ave Port Huron, MI 48060
Estimated payment $1,074/month
Highlights
- 1 Fireplace
- Forced Air Heating System
- Level Lot
- Laundry Room
- 4 Car Garage
About This Home
Turnkey Duplex - Updated, Fully Rented, and Cash-Flowing
An excellent opportunity for investors seeking dependable rental income with minimal upkeep. This fully rented duplex features long-term tenants and solid monthly income—$900/month from the lower unit and $700/month from the upper unit, totaling $1,600/month in gross rents.
Located in a stable neighborhood with strong rental demand, this property is truly hands-off for landlords. Tenants pay all utilities, and the property is separately metered for gas and electric. Water is currently prorated to each resident, keeping cost allocation simple and fair. Turnkey Duplex - Updated, Fully Rented, and Cash-Flowing
An excellent opportunity for investors seeking dependable rental income with minimal upkeep. This fully rented duplex features long-term tenants and solid monthly income$900/month from the lower unit and $700/month from the upper unit, totaling $1,600/month in gross rents.
Located in a stable neighborhood with strong rental demand, this property is truly hands-off for landlords. Tenants pay all utilities, and the property is separately metered for gas and electric. Water is currently prorated to each resident, keeping cost allocation simple and fair.
Key updates include:
Newer furnaces and hot water heaters in both units
A remodeled kitchen on the first floor
Well-maintained interiors
Separate entrances for privacy and convenience
This turnkey duplex offers consistent cash flow, low overhead, and long-term value for both seasoned and first-time investors.
Important Showing Info:
Proof of funds or mortgage pre-approval is required prior to scheduling any showings. Please allow up to 48 hours for showings to be arranged, as coordination with both residents is required.
Don't miss your chance to secure this hands-off investment propertyschedule your qualified showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,842
Year Built
- Built in 1908
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 55x132
- Level Lot
Home Design
- Brick Exterior Construction
- Aluminum Siding
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Laundry in Basement
Parking
- 4 Car Garage
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- 1 Fireplace
- Mineral Rights
Listing and Financial Details
- The owner pays for trash collection
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $899
- Maintenance Expense $1,400
- Manager Expense $1,200
- Operating Expense $9,950
- Gross Income $25,289
- Net Operating Income $15,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,805 | $69,300 | $0 | $0 |
| 2024 | $2,489 | $61,800 | $0 | $0 |
| 2023 | $2,186 | $53,600 | $0 | $0 |
| 2022 | $2,239 | $45,200 | $0 | $0 |
| 2021 | $2,119 | $36,500 | $0 | $0 |
| 2020 | $1,801 | $34,500 | $34,500 | $0 |
| 2019 | $1,768 | $25,000 | $0 | $0 |
| 2018 | $1,729 | $25,000 | $0 | $0 |
| 2017 | $1,274 | $27,300 | $0 | $0 |
| 2016 | $1,470 | $27,300 | $0 | $0 |
| 2015 | $1,400 | $28,000 | $28,000 | $0 |
| 2014 | $1,400 | $29,100 | $29,100 | $0 |
| 2013 | -- | $29,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2025 05/22/25 | Price Changed | $159,900 | -2.5% | -- | |
| 05/01/2025 05/01/25 | For Sale | $164,000 | +343.2% | -- | |
| 09/27/2017 09/27/17 | Sold | $37,000 | -17.8% | $18 / Sq Ft | View Prior Sale |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- | |
| 08/24/2017 08/24/17 | Price Changed | $45,000 | 0.0% | $22 / Sq Ft | |
| 08/24/2017 08/24/17 | For Sale | $45,000 | +21.6% | $22 / Sq Ft | |
| 08/08/2017 08/08/17 | Off Market | $37,000 | -- | -- | |
| 07/31/2017 07/31/17 | Price Changed | $50,000 | -9.1% | $24 / Sq Ft | |
| 07/05/2017 07/05/17 | Price Changed | $55,000 | -5.2% | $27 / Sq Ft | |
| 06/09/2017 06/09/17 | Price Changed | $58,000 | -10.8% | $28 / Sq Ft | |
| 04/08/2017 04/08/17 | For Sale | $65,000 | +154.9% | $32 / Sq Ft | |
| 12/12/2016 12/12/16 | Sold | $25,500 | -21.5% | $12 / Sq Ft | View Prior Sale |
| 11/22/2016 11/22/16 | Pending | -- | -- | -- | |
| 07/20/2016 07/20/16 | For Sale | $32,500 | -- | $16 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | Maritime Title Agency Llc | |
| Deed | $37,000 | Maritime Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $73,514 | FHA |
Source: MichRIC
MLS Number: 25019098
APN: 06-720-0030-000
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