4 months on rocket

317 E Lincoln Ave, Madison Heights, MI, 48071

$299,900

Home List Price

$3,561*

Closing Credit

5 Full Baths, 2 Partial
1,576 SqFt
$190/SqFt
Multi

Location

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317 E Lincoln Ave, Madison Heights$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1954
HeatingForced Air, Natural Gas
MLS #20240053532
Lot Size0.19 Acres
StatusActive

About 317 E Lincoln Ave

A rare find side by side Ranch style duplex in desirable Madison Heights! The 3 bedroom unit is occupied with a long term tenant and the 2 bedroom is vacant for new owner to fill or occupy. When leased both units have income of 2595.00 per month! 1st unit is an updated 3 bedroom ranch with all appliances including washer dryer in the storage area. Open floor plan with vinyl laminate flooring. Other unit is a 2 bedroom with appliances and washer dryer included also very open floor plan. Each rear yard is separated for privacy. Tenants cover all utilities. Brand new roof installed 9/2024!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1954
  • Living Area: 1,576 SqFt

Listing Office:

  • Office Name: Millennium Realty, LLC
  • Office Phone: (248) 394-0464
  • Listing Agent: Amie Leszczynski

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: N Chrysler Dr to 696 service dr to John R to Lincoln

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $190/SqFt
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Housing Market Comparison

See how this home compares to others in Madison Heights, MI.

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Madison Heights, MI

City

Med. Sold Price

$221.3K

Med. Price/SqFt

$167

Avg. Days On Market

16

# of Sold Homes

30

317 E Lincoln Ave vs Madison Heights

147 DAYS ON ROCKET

+131 Days

$299,900

+$78.5K More

$190/SqFt

+$23 More

KEY TAKEAWAY

This property is $78.5K more than the Median Sold Price and $23/SqFt more than other homes in Madison Heights, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240053532

Listing Office:

  • Office Name: Millennium Realty, LLC
  • Office Phone: (248) 394-0464
  • Listing Agent: Amie Leszczynski

IDXDisclaimer: 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 © 2024 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: 12/18/2024, 12:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4524303
6
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-4524304
2
/10

  • Madison Elementary School

  • 27107 Hales St

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-4524305
2
/10

  • Hoover Elementary School

  • 23720 Hoover Ave

  • 1.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,527. Residents of Madison Heights, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›Madison Heights›48071›317 E Lincoln Ave

This home is located at 317 E Lincoln Ave in Madison Heights, MI and zip code 48071. This 1,576 square foot home, which was built in 1954, sits on a 0.19 acre lot. Features: 7 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $299,900.

Madison Heights, MI housing market in November 2024 saw over 12 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. The number of homes for sale in Madison Heights, MI decreased by 17.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 16 days, the median list price was $221,333.

From Rocket Homes Real Estate and based on county public records data.

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