Backup offers
$2,007 Closing Credit¹
#20250003726, Kevin Cermak, Listing Office: National Realty Centers, Inc
$120,000 List price
1380 College Ave Lincoln Park, MI 48146
$1,425
Closing credit¹
2 full
1,173 sqft
0.08 acres
$102 / sqft
Multi-Family
Property details
About 1380 College Ave
Great investment or owner-occupant opportunity in the desirable Downriver area! This vacant 2-unit home (now a 2-bed, 1-bath upper unit and a 1-bed, 1-bath lower unit) offers immediate rental income potential. The upper unit has been recently updated with fresh paint and new carpet, while the lower unit is ready for a turnover. The property includes a detached garage, currently used as a shared community space, and comes with a stove and fridge for added convenience. Recent capital improvements include siding repairs on the right side, though the left side still needs attention. The upstairs bathroom floor also requires repair. The home operates on a single water heater for both units. Whether you're looking to house hack or expand your rental portfolio, this property presents long-term value in a high-demand rental market. FHA/VA financing may be considered; however, some properties may require FHA/VA repairs that the seller may not be able to complete. An optimal FHA/VA offer would likely include the buyer covering up to a certain amount of repairs, with any remaining repairs to be addressed separately. Possible package deal available—seller may consider package discounts for a total of four buildings: 531 Bryant St, Kalamazoo, MI 49001, 130 S 8th St, Lansing, MI 48912, 140 Summit St, Pontiac, MI 48342 Don’t miss out—schedule your showing today!
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size1,173 sqft
BasementYes
Lot size0.08 Acres
Year built1924
ParkingGarage
MLS #20250016205
Summary
- MLS Number: 20250016205
- MLS Name: Realcomp II Ltd
- Office Name: S&P Realty
- Office Phone: (734) 333-7219
- Listing Agent: T J Brisbois
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$120,000
1380 College Ave
$1,425
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 02, 2020 | Home Sold | $75,000 |
| Oct 09, 2018 | Home Sold | $28,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $64,500 | $2,244 |
| 2023 | $54,400 | $2,244 |
| 2022 | $50,600 | $2,283 |
| 2021 | $43,900 | $2,283 |
| 2020 | $31,700 | $1,963 |
| 2018 | $27,400 | $1,963 |
| 2017 | $27,400 | $1,981 |
History based on county public records data.
Nearby schools
2
Lafayette Elementary School
Public District PK-6
0.3 mi
•1360 Lafayette Blvd
2
Raupp Elementary School
Public District PK-6
0.7 mi
•1351 Ethel Ave
1
Ralph J. Bunche Academy
Public District PK-3
1.0 mi
•503 Hyacinthe St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,143. Typical income of Lincoln Park, MI residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
37%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
27%
Single, with Kids
18%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$2,326 Closing Credit¹
#57050167142, Daniel Summers, Listing Office: Synergy Realty Group
This home is located at 1380 College Ave in Lincoln Park, MI and zip code 48146. This 1,173 square foot home, which was built in 1924, sits on a 0.08 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $120,000.
In February 2025 more than 10 listings in Lincoln Park, MI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. The number of listings in Lincoln Park, MI decreased by 6.1% between January and February 2025. In February 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $150,000.
From Rocket Homes Real Estate and based on county public records data.