3078 Chandler Ave · Lincoln Park, MI 48146

$149,900

3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 34 Days on market

Built 1942 4,792 sqft lot Est $151k · at est.

---

Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +10.8/30.0
• ARV discount +7.9/15.0
• 1% rule +4.1/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• DSCR +3.1/10.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

Key facts

• 4,792 sq ft lot
• 2 garage spots
• Built 1942

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-69 ($-832/yr) — negative.
• To cash-flow at today's rent, offer at most $138k (8.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $137k (8.9% below list).
• Recommended offer: $137k (8.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#82 in MI, #1,720 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D-, crime F, employment D-.
• Lincoln Park School District (suburban): math 15% / reading 32% proficiency, ranked #440 of 540 in MI (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.7%/yr); 154 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $136,565 (8.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 5.74%
• Cash-on-cash: -1.98%
• DSCR: 0.91
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $151,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1415 Richmond Ave	0.27mi	3/1.0	1,134 (+5%)	2mo	$165,000	$146	78
1042 Champaign Rd	0.23mi	3/1.0	1,152 (+7%)	3mo	$150,500	$131	76
1311 Gregory St	0.39mi	3/1.0	1,128 (+4%)	1mo	$145,900	$129	74
1215 Mill St	0.31mi	2/1.0 (-1)	1,054 (-2%)	5mo	$110,000	$104	72
1377 Mill St	0.43mi	2/1.0 (-1)	1,124 (+4%)	2mo	$157,000	$140	66
1591 Garfield Ave	0.74mi	3/1.0	1,080 (0%)	0mo	$144,700	$134	65
816 London Ave	0.36mi	3/1.0	944 (-13%)	2mo	$187,000	$198	60
1018 Riverbank St	0.72mi	3/1.0	1,092 (+1%)	6mo	$180,000	$165	59
525 Mill St	0.74mi	3/1.0	1,070 (-1%)	6mo	$196,000	$183	59
1453 Buckingham Ave	0.41mi	3/1.0	1,221 (+13%)	4mo	$140,000	$115	55
1214 Lincoln Ave	0.44mi	3/1.5	1,230 (+14%)	1mo	$188,000	$153	53
1580 Richmond Ave	0.42mi	2/1.0 (-1)	924 (-14%)	4mo	$127,500	$138	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.65% rent growth · sell at horizon

5-year hold

• IRR: -17.5%
• Equity multiple: 0.37×
• Total profit: $-26,311
• Equity at exit: $22,351

10-year hold

• IRR: -6.3%
• Equity multiple: 0.56×
• Total profit: $-18,451
• Equity at exit: $12,961

Cash invested: $41,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48146

• Home prices YoY: -32.7%
• Rents YoY: 4.7%
• Active inventory: 154
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,366 high
• Mortgage (P&I): −$786
• Tax from tax record: −$300 /mo · $3,595/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $-69

Break-even live

Break-even rent $1,453

Max offer price $137,657

Occupancy floor —

Sensitivity live

Price	-10% $16	-5% $-27	+0% $-69	+5% $-112	+10% $-154
Rent	-10% $-177	-5% $-123	+0% $-69	+5% $-15	+10% $39
Rate	-1.0pp $6	-0.5pp $-31	base $-69	+0.5pp $-108	+1.0pp $-148

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1343 Pagel Ave Unit 2-Upper Lincoln Park, MI	2.0	1.0	1000	$1,250	$1.25	19d	1	0.29mi
357 Emmons Blvd Lincoln Park, MI	3.0	1.0	1268	$1,695	$1.34	0d	1	0.90mi
1552 Hanover St Lincoln Park, MI	2.0	1.0	800	$1,250	$1.56	25d	1	0.91mi
1581 Empire Ave Lincoln Park, MI	2.0	1.0	900	$1,350	$1.50	25d	1	0.93mi
1537 Chandler Ave Lincoln Park, MI	2.0	1.0	725	$1,100	$1.52	18d	1	0.93mi
1473 Empire Ave Lincoln Park, MI	3.0	2.0	1342	$1,700	$1.27	0d	1	1.04mi
708 Highland St Unit 1 Wyandotte, MI	2.0	1.0	800	$950	$1.19	19d	1	1.10mi
1532 Euclid St #1 Lincoln Park, MI	2.0	1.0	850	$1,450	$1.71	25d	1	1.10mi
854 Harrison Blvd Lincoln Park, MI	3.0	1.0	1410	$1,750	$1.24	45d	1	1.16mi
2235 Moore Rd Unit 1 Lincoln Park, MI	2.0	1.0	800	$1,000	$1.25	25d	1	1.17mi
1750 Saint Johns Blvd Unit 17 Lincoln Park, MI	2.0	1.0	750	$1,025	$1.37	25d	1	1.19mi
750 Harrison Blvd Unit 5 Lincoln Park, MI	2.0	1.0	800	$995	$1.24	6d	1	1.19mi
1760 Saint Johns Blvd Apt 14 Lincoln Park, MI	2.0	1.0	750	$995	$1.33	25d	1	1.19mi
1331 Pingree Ave Lincoln Park, MI	2.0	1.0	725	$1,300	$1.79	0d	1	1.20mi
720 Harrison Blvd Unit 20 Lincoln Park, MI	2.0	1.0	800	$1,025	$1.28	4d	1	1.21mi
610 Harrison Blvd Apt 43 Lincoln Park, MI	2.0	1.0	800	$1,050	$1.31	25d	1	1.21mi
610 Harrison Blvd Unit 46 Lincoln Park, MI	2.0	1.0	800	$995	$1.24	4d	1	1.21mi
1524 Cicotte Ave Lincoln Park, MI	2.0	1.0	900	$1,250	$1.39	16d	1	1.27mi
4163 Burns Ave Lincoln Park, MI	3.0	1.0	900	$1,500	$1.67	3d	1	1.33mi
4573 3rd St Ecorse, MI	2.0	1.0	1000	$1,300	$1.30	16d	1	1.34mi
424 4th St Wyandotte, MI	2.0	1.0	925	$1,350	$1.46	25d	1	1.37mi
1130 21st St Wyandotte, MI	3.0	1.0	864	$1,420	$1.64	0d	1	1.38mi
9725 Fox Ave Allen Park, MI	3.0	1.5	940	$1,850	$1.97	45d	1	1.43mi
1163 17th St Wyandotte, MI	3.0	1.0	1010	$1,695	$1.68	45d	1	1.44mi
4282 7th St Ecorse, MI	3.0	1.0	1144	$1,250	$1.09	25d	1	1.49mi

Listing history 14 events

1. 2026-04-15
   status Pending 1649-char remark

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

2. 2026-04-15
   status Pending

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

3. 2026-03-21
   historical Accepting Backup Offers 1649-char remark

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

4. 2026-03-21
   historical Active Under Contract

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

5. 2026-03-13
   listed $149,900 Active 1649-char remark

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

6. 2026-03-13
   listed $149,900 Active

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

7. 2026-03-12
   historical $149,900 1649-char remark

   Show marketing remark (1649 chars)

   Welcome to 3078 Chandler Avenue in Lincoln Park, located within the Lincoln Park School District and offering a comfortable, functional design that is ready to welcome its next owner. This charming bungalow provides a warm and practical layout with thoughtful spaces that make everyday living easy. The home features approximately 1,080 square feet with 3 bedrooms and 1 full bathroom. The main floor includes two bedrooms, a full bath, and an inviting eat-in kitchen complete with appliances, oak cabinetry, and granite countertops. The layout offers convenient one-level living while maintaining the character and versatility bungalow homes are known for. Upstairs you will find a spacious third bedroom designed as an open room with built-in storage and closets, providing flexibility for a bedroom, office, or additional living space. The fully finished basement adds valuable living area and includes a bonus room, utility room, private laundry area, and an open recreation space that can be used for relaxing, hobbies, or entertaining. Outside, the property features a private backyard with a cement patio and a 2.5 car garage, offering both outdoor enjoyment and additional storage or parking. Conveniently located close to shopping, schools, and major expressways, this home provides easy access to everyday amenities while maintaining the comfort of a neighborhood setting. Property sold as-is. Seller will make no repairs. Buyer to assume responsibility for any required repairs. Inspections for informational purposes only. Schedule your private showing and come see how this Lincoln Park bungalow could be the perfect place to call home.

8. 2023-06-08
   soldstatus $155,000
9. 2023-06-01
   soldstatus $155,000 Sold 710-char remark

   Show marketing remark (710 chars)

   Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

10. 2023-06-01
    soldstatus $155,000 Closed

    Show marketing remark (710 chars)

    Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

11. 2023-05-14
    status Pending

    Show marketing remark (710 chars)

    Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

12. 2023-05-14
    status Pending 710-char remark

    Show marketing remark (710 chars)

    Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

13. 2023-05-09
    listed $137,500 Active 710-char remark

    Show marketing remark (710 chars)

    Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

14. 2023-05-09
    listed $137,500 Active

    Show marketing remark (710 chars)

    Honey we are home!!! Seriously though, this is a beauty! This home was so taken care of and it was designed to be a forever home. This home has a mostly concrete backyard/patio, a shed, and a gravel parking pad for your RV or Boat. The garage is spacious and definitely a man's dream garage. Now for the inside, The kitchen has beautiful oak cabinetry and Corian counter tops, so much extra space. The bathroom has been completely remodeled. This home will become someone's dream home. It has been freshly painted and has hardwood floors underneath the carpet. Immediate occupancy is being offered. I fully expect multiple offers so don't wait to see it. Seller will be providing the Certificate of Occupancy

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,595 · $300/mo
• Projected year-2 tax: $3,595 · $300/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $16,388
• − Mortgage interest: −$8,397
• − Property taxes: −$3,595
• − Insurance: −$750
• − Repairs & maintenance: −$1,311
• − Management: −$1,311
• − Depreciation: −$4,361
• Taxable loss: −$3,337
• Est. tax savings @ 24.0%: +$801
• After-tax cash flow: $-31/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lincoln Park School District
• NCES district ID: 2621600
• Math proficiency: 15% ▼ -5.00%
• Reading proficiency: 32% ▬ 0.00%
• Median HH income: $41,486
• Composite: 19.93/100
• National rank: #8678
• State rank: #440 of 540 in MI

Livability — Lincoln Park

• Score: 80/100
• State rank: #82
• US rank: #1720

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln Park, MI
• County: Wayne County · 1,562,939 people
• City population: 39,257
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,257
• Household income: $58,616
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1142.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 25% Two or more races 12% Black 9% Native American 1%
• Hispanic origin (detail): Mexican 19% Puerto Rican 3%
• Common ancestry: Romanian 6% Lithuanian 4% Slovak 1%
• Foreign-born: 9% · Canada
• Languages at home: 80% English-only · Spanish 17% Arabic 2%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.25%
• Current HPI: 222.8545
• Rent YoY: ▲ 4.65%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+9.0% since first listed

14 events — show timeline

• 2026-04-15 Pending — MiRealSource-MiMLS
• 2026-04-15 Pending — REALCOMP
• 2026-03-21 Contingent — MiRealSource-MiMLS
• 2026-03-21 Contingent — REALCOMP
• 2026-03-13 Listed $149,900 MiRealSource-MiMLS
• 2026-03-13 Listed $149,900 REALCOMP
• 2026-03-12 Coming Soon $149,900 MiRealSource-MiMLS
• 2023-06-08 Sold (Public Records) $155,000 Public Records
• 2023-06-01 Sold (MLS) $155,000 MiRealSource-MiMLS
• 2023-06-01 Sold (MLS) $155,000 REALCOMP
• 2023-05-14 Pending — MiRealSource-MiMLS
• 2023-05-14 Pending — REALCOMP
• 2023-05-09 Listed $137,500 MiRealSource-MiMLS
• 2023-05-09 Listed $137,500 REALCOMP

Property tax history

+8.8%/yr

Latest (2025): $3,595 · -20.7% YoY. Source: county tax records.