Map
Link Copied
Listed price in listed location currency (USD).
$580,000

030

MLS® 20261036475

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2156 sqft
Garage 
Taxes $12,218
Days Active 8
Lot Size 
Approx. Age 1904
Avg. Price Per Sqft $269
MLS® Number 20261036475

Property Address: 417 Lincoln Ave, Royal Oak, MI, 48067-2568

Average square foot calculated using Size range provided by listing agent.

Description

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, 700/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.
MLS® Number20261036475
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
BasementCommon, Full, Unfinished
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2026List Date
$580,000List Price
  • Commute

Commute

Starting Address
Destination Address
417 Lincoln Ave, Royal Oak, MI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties