This Duplex is a Cash Cow * * Each Unit is Rented for $1350/month * * 535, New One Year Lease and 357 Rented Month to Month * * Plethora of Opportunity Comes with This Maintenance Free Duplex * * * Live in One and Rent the Other, Rent Both Sides, Possible Option for Multi Generational Needs by Using Both Units for Extended Family Situations * * One of the Newest Townhouse Units in Lapeer, with Each Unit Containing 3 Bedrooms, 2.5 Bath, along with Convenient First Floor Laundry * * Extra Tall Lower Level with Ingress/Egress and Daylight Windows * * Close to Downtown, Yet Rural and Quiet Provides the Best of Both Worlds * * Units have Always Been in Demand and Maintained Long Term Tenants * * All New Flooring, Fresh Paint and Kitchen Appliances Make this Move In Ready * * Trex Style Deck Opens from Large Sprawling Living Area, Plus a Covered Front Porch and Side Door Round Out the Package * * Plenty of Parking * * In This Market You Can Not Replace These Units * *
Multi-familyProperty Type
2005Year Built
0.49 acresLot Size
$131Est. Price/Sq.Ft.
4 spacesParking
Listed by Kathleen Sanchez• Real Estate One-Oxford
Bought with Kathleen Sanchez• Real Estate One-Oxford
This Duplex is a Cash Cow * * Each Unit is Rented for $1350/month * * 535, New One Year Lease and 357 Rented Month to Month * * Plethora of Opportunity Comes with This Maintenance Free Duplex * * * Live in One and Rent the Other, Rent Both Sides, Possible Option for Multi Generational Needs by Using Both Units for Extended Family Situations * * One of the Newest Townhouse Units in Lapeer, with Each Unit Containing 3 Bedrooms, 2.5 Bath, along with Convenient First Floor Laundry * * Extra Tall Lower Level with Ingress/Egress and Daylight Windows * * Close to Downtown, Yet Rural and Quiet Provides the Best of Both Worlds * * Units have Always Been in Demand and Maintained Long Term Tenants * * All New Flooring, Fresh Paint and Kitchen Appliances Make this Move In Ready * * Trex Style Deck Opens from Large Sprawling Living Area, Plus a Covered Front Porch and Side Door Round Out the Package * * Plenty of Parking * * In This Market You Can Not Replace These Units * *
REALCOMP #2210062243
Oct 15, 2021
Sold
$290,000
$97/sq ft
Oct 8, 2021
Pending
—
Aug 24, 2021
Contingent
—
Aug 3, 2021
Listed
$299,900
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,564 (+3.7%)
2024
$7,297 (+4.9%)
2023
$6,959 (+5.3%)
2022
$6,606 (+76.9%)
2021
$3,734 (+1.2%)
2020
$3,691 (−0.3%)
2019
$3,701 (−0.3%)
2018
$3,713 (+4.8%)
2017
$3,544 (+0.7%)
2016
$3,519 (+2.1%)
2015
$3,447 (+1.6%)
2014
$3,392
Tax history for 535/537 Bowers Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,564 (+3.7%)
2024
$7,297 (+4.9%)
2023
$6,959 (+5.3%)
2022
$6,606 (+76.9%)
2021
$3,734 (+1.2%)
2020
$3,691 (−0.3%)
2019
$3,701 (−0.3%)
2018
$3,713 (+4.8%)
2017
$3,544 (+0.7%)
2016
$3,519 (+2.1%)
2015
$3,447 (+1.6%)
2014
$3,392
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
2,860
Year built
2004
Style
Single Family Residential
County
Lapeer County
APN
014-033-014-20
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 4
Parking Features: Assigned
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Interior Features: High Speed Internet
Appliances: Gas Water Heater
Room Information
Has Basement
Basement Details: Unfinished
Exterior
Exterior Features
Exterior Features: Lighting
Patio And Porch Features: Covered, Deck, Porch
Roof: Asphalt
Pool Information
Pool Features: None
Building Information
Above Grade Finished Area: 3,000
Above Grade Finished Area Units: Square Feet
Levels: Two
Construction Materials: Vinyl Siding
Foundation Details: Block
Property Features
Security Features: Carbon Monoxide Detector(s)
Pets Allowed: Yes
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 105 x 105 x 206 x 206
Lot Size Area: 0.49
Lot Size Units: Acres
Lot Size Acres: 0.49
Zoning Description: Multiple
Financial
Tax Information
Tax Annual Amount: $3,690.94
Utilities
Utility Information
Water Source: Public
Utilities: Cable Available
Sewer: Public Sewer
Location
Schools Information
High School District: Lapeer
Location Information
Directions: North Side of Bowers Just East of Lapper
Cross Street: N of Bowers/E of Saginaw
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 2,860
Stories: 2.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: —
County: Lapeer County
APN: 014-033-014-20
Home facts updated by county records on Jun 18, 2026
Around this home
Schools
Elva Lynch Elementary School
Public PreK-5 • Assigned • 2.4mi
6/10
Zemmer Middle School
Public 8-9 • Assigned • 1.8mi
3/10
Lapeer East Senior High School
Public 10-12 • Assigned • 1.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lapeer, MI • 48446
Average low and high temperatures (°F)
27
13
33
17
51
30
59
39
66
45
79
57
84
62
79
57
77
52
66
42
48
34
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$373,000 – $452,000
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