Wonderful 2 unit Investment in the City of Lapeer. Sellers have maintained this duplex during their Ownership, as well as long term Tenants that take pride where they live! Good cash flow investment, and central location to downtown, schools, parks, shopping. Several recent updates in the prev few years, including 2 new HWH Oct 2025. Current Certified Rental permit/City of Lapeer.
Unit 1 on ground floor has complete new bathroom Sept 2025. Interior(s) of ea unit have been updated over the prev 10 +/- yrs. Detached Garage. Asphalt driveway.
Tenants have existing Lease(s) that can be reviewed upon accepted offer. Cash/ Conv-Purchase is subjerct to existing Leases. All showings are by appointment only with 24 hr notice. No Virtual showings- Licensed Agent Must physically accompany clients for all showings.
Seller(s) have never occupied the property. All measurements and data of structure, sq footage, year built are estimated or per public records, and are not deemed accurate by the Seller(s) or Agent . Buyer/Agent is responsible to verify independantly.
No Land Contract terms or offer will be considered.
For sale
$204,900
Lapeer, MI 48446
3beds
1,517sqft
Est.:
Duplex
Built in 1860
-- sqft lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
Detached garageComplete new bathroomAsphalt driveway
- 1 day |
- 721 |
- 13 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 03, 2026 at 11:00pm
Listed by:
Larraine M Edwards 810-664-8105,
DLS Realty 810-664-8105
Source: Realcomp II,MLS#: 20261021821
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas, Separate Meters
Appliances
- Laundry: In Unit
Features
- Basement: Interior Entry,Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,517 sqft
- Finished area above ground: 1,517
Property
Parking
- Total spaces: 2
- Parking features: Garage, Paved
- Has garage: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Deck, Porch
- Exterior features: Awnings, Lighting, Private Entrance
- Pool features: None
Lot
- Size: 10,454.4 Square Feet
- Dimensions: 88 x 120
Details
- Parcel number: L202300104000
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Basement, Block, Crawl Space, Michigan Basement, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1860
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer, Separate Meters
- Water: Public, Separate Meters
- Utilities for property: Above Ground Utilities, Cable Available
Community & HOA
Community
- Subdivision: CITY OF LAPEER ORIGINAL
Location
- Region: Lapeer
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $60,902
- Annual tax amount: $2,913
- Date on market: 4/3/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $204,900+54.6%$135/sqft |
Source:  Realcomp II #20261021821 Report a problem | ||
| 10/31/2018 | Sold | $132,500+24.4%$87/sqft |
Source: Public Record Report a problem | ||
| 10/2/2008 | Sold | $106,500-12.8%$70/sqft |
Source: Public Record Report a problem | ||
| 12/3/2007 | Sold | $122,112$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,812 +5.9% | $74,500 +4.1% |
| 2024 | $2,656 +5.3% | $71,600 +12.2% |
| 2023 | $2,521 +6.1% | $63,800 +3.2% |
| 2022 | $2,376 +1.2% | $61,800 +8.4% |
| 2021 | $2,347 | $57,000 +3.4% |
| 2020 | -- | $55,100 +8.5% |
| 2018 | $1,768 +0.7% | $50,800 +5.2% |
| 2017 | $1,755 | $48,300 +14.5% |
| 2016 | -- | $42,200 +5.8% |
| 2015 | -- | $39,900 +8.4% |
| 2014 | -- | $36,800 +1.1% |
| 2013 | -- | $36,400 -3.4% |
| 2012 | -- | $37,700 -2.8% |
| 2011 | -- | $38,800 -11% |
| 2010 | -- | $43,600 -21.7% |
| 2009 | -- | $55,700 -16.4% |
| 2008 | -- | $66,600 +0.9% |
| 2007 | -- | $66,000 +10% |
| 2006 | -- | $60,000 +23.7% |
| 2005 | -- | $48,500 +4.3% |
| 2004 | -- | $46,500 +54% |
| 2003 | -- | $30,200 +7.5% |
| 2002 | -- | $28,100 +2.6% |
| 2001 | -- | $27,400 |
BuyAbility℠ payment
Est. payment
$1,246/mo
Principal & interest
$1077
Property taxes
$169
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Climate risks
Neighborhood: 48446
Nearby schools
GreatSchools rating
- 8/10C.K. Schickler Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Zemmer Middle SchoolGrades: 8-9Distance: 1.3 mi
- 7/10Lapeer East Senior High SchoolGrades: 10-12Distance: 1.6 mi
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