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Active · MLS #20261087195
$139,900 3 bd1 ba1,008 sqft

1433 Reo AVE , Lincoln Park, MI 48146

Est. $1,151/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1970
Lot0.09 acres
Price/sqft$139
On market0 days

About this home

Completely updated from top to bottom! This beautifully renovated 3-bedroom, 1-bath Lincoln Park home offers approximately 1,008 sqft. of move-in-ready living space with modern finishes and thoughtful updates throughout. The functional layout provides three comfortable bedrooms with flexibility for family, guests, a home office, or additional living needs. Whether you're a first-time homebuyer, downsizing, or an investor looking for a turnkey rental property, this home offers excellent versatility and potential. With its extensive renovations and low-maintenance appeal, it is ready for an owner-occupant to enjoy or an investor to add to their rental portfolio. Don't miss this opportunity to own a beautifully updated home in Lincoln Park. Schedule your showing today and see all it has to offer!

Monthly payment

$1,151per month
Principal & interest$796
Property tax, current$97
Homeowners insurance$200
Mortgage insurance (PMI)$58

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$139,900
Beds3
Baths1 full
Square feet1,008
TypeSingle family residence
Subdivision—
CountyWayne
MLS #20261087195
Listed2026-10-28
Days on market0
Year built1970
PossessionAt closing
Stories1 story
HeatingForced air, Natural gas
FoundationCrawl space
Water / SewerCity water & sewer
Parcel number45003090081000
Listing officeKeller Williams Legacy

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$22,452about $69,950
Yearly property tax$1,166about $3,691

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,525 a year more than this seller pays. The assessor's state equalized value (SEV) is $52,400. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Lincoln Park's 2025 homestead rate of 52.76 mills and assumes you claim the homestead exemption. See Lincoln Park's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-28T20:20+00:00; refreshed at least twice daily.

$139,900Est. $1,151/mo
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