417 W Lincoln Avenue, Royal Oak, MI 48067
Local realty services provided by:ERA Prime Real Estate Group
417 W Lincoln Avenue,Royaloak, MI 48067
$580,000
- - Beds
- 3 Baths
- 2,156 sq. ft.
- Multi-family
- Active
Listed by: tonya newberry
Office: max broock, realtors-birmingham
MLS#:20261036475
Source:MI_REALCOMP
Price summary
- Price:$580,000
- Price per sq. ft.:$269.02
About this home
Exceptional investment opportunity in the heart of Royal Oak featuring a beautifully renovated triplex on an oversized professionally landscaped lot just a short walk to vibrant downtown dining, shopping, entertainment, and nightlife. This versatile property offers strong rental income potential with Unit 1 occupying the entire first floor featuring 2 bedrooms, 1 full bath, hardwood floors, and a charming sunroom currently renting for $1,800/month. Unit 2 offers 1 bedroom, 1 bath, a sunroom, hardwood flooring and rents for $1,400/month. Unit 3 includes 1 bedroom, 1 bath, a private back deck, updated finishes throughout, and rents for $1,300/month. All units feature updated bathrooms, mainly hardwood flooring, granite countertops, and stainless-steel appliances with dishwashers, while all utilities are included in the rent for added tenant convenience. The basement provides abundant storage space along with shared community washer and dryer for all three units. Tenants enjoy both a private parking lot and additional street parking. Located near downtown Royal Oak, this property is close to popular restaurants, boutiques, coffee shops, entertainment venues, parks, and nearby Oakland Community College with easy access to major expressways and surrounding communities including Birmingham and Ferndale. Whether you are looking to expand your investment portfolio, owner occupy, redevelop, convert to additional units, or take advantage of the separate vacant land listing for future building potential, this is a rare opportunity in one of Metro Detroit’s most desirable locations....
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Home facts
- Year built:1904
- Listing ID #:20261036475
- Added:60 day(s) ago
- Updated:July 21, 2026 at 10:06 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Common, Full, Unfinished
- Living area:2,156 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Window Units
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1904
- Building area:2,156 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Colonial
- Exterior Features:Deck, Porch
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$580,000
- Price per sq. ft.:$269.02
- Tax amount:$12,218
Features and amenities
- Laundry features:Laundry Room
- Amenities:Entrance Foyer, High Speed Internet
Parking
- Parking description:Parking Lot
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