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
- 48 days |
- 421 |
- 14 |
Zillow last checked:
Listing updated:
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: 48 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
| 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
| 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 | -- | $27,400 |
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 48446
Nearby schools
GreatSchools rating
- 6/10C.K. Schickler Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10Zemmer Middle SchoolGrades: 8-9Distance: 1.3 mi
- 8/10Lapeer East Senior High SchoolGrades: 10-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
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