Skip main navigation
For sale
  • $580,000

    417 W Lincoln Ave, Royal Oak, MI 48067

    4beds
    2,156sqft
    : 
    $4,127/mo
    Get pre-qualified
    Multi Family
    Built in 1904
    -- sqft lot
    $565,600 Zestimate®
    $269/sqft
    $-- HOA

    What's special

    Additional street parkingHardwood floorsPrivate parking lotOversized professionally landscaped lotAbundant storage spaceGranite countertopsBeautifully renovated triplex
    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.
    67 days
    |
    1,100
    |
    69
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tonya Newberry 248-390-8833,

    Max Broock, REALTORS®-Birmingham 248-644-6700

    Source: Realcomp II,MLS#: 20261036475MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans, Window Units
      Appliances
      • Laundry: Laundry Room
      Features
      • Entrance Foyer, High Speed Internet
      • Basement: Common,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,156 sqft
      • Finished area above ground: 2,156
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      • Pool features: None
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 71 x 108
      Details
      • Parcel number: 2521407019
      • Zoning description: MultiFamily, Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1904
      • Major remodel year: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detectors
      • Subdivision: A DONDERO'S SUB
      Location
      • Region: Royal Oak

      Financial & listing details

      • Price per square foot: $269/sqft
      • Tax assessed value: $224,000
      • Annual tax amount: $12,218
      • Date on market: 5/21/2026
      • Cumulative days on market: 67 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        $565,600

        $537,000 - $594,000

        $1,969/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$580,000+9.4%$269/sqft
        Source: Realcomp II #20261036475 Report a problem
        3/26/2024Sold$530,000-3.6%$246/sqft
        Source: MiRealSource #50133451 Report a problem
        3/26/2024Pending sale$550,000$255/sqft
        Source: MiRealSource #50133451 Report a problem
        2/14/2024Listed for sale$550,000+31%$255/sqft
        Source: MiRealSource #50133451 Report a problem
        6/21/2021Sold$420,000-1.2%$195/sqft
        Source: RE/MAX of SE Michigan Solds #40166516_48067 Report a problem
        4/28/2021Pending sale$425,000$197/sqft
        Source: Realcomp II #2210028537 Report a problem
        4/23/2021Listed for sale$425,000+75.6%$197/sqft
        Source: Realcomp II #2210028537 Report a problem
        9/8/2015Sold$242,000-3.2%$112/sqft
        Source: Agent Provided Report a problem
        6/13/2015Listed for sale$250,000-7.1%$116/sqft
        Source: Keller Williams Royal Oak Market Center #215060401 Report a problem
        8/5/2014Listing removed$269,000$125/sqft
        Source: Hall & Hunter Realtors #214014751 Report a problem
        2/22/2014Listed for sale$269,000+19.6%$125/sqft
        Source: Hall & Hunter Realtors #214014751 Report a problem
        1/19/2007Sold$225,000$104/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $224,370 +13.3%
        2024-- $197,990 +4.8%
        2023-- $188,950 +2.2%
        2022-- $184,950 +14.4%
        2021-- $161,690 +10.5%
        2020-- $146,270 +3.5%
        2019-- $141,260 +1.8%
        2018-- $138,710
        2017-- $138,710 +11.6%
        2015-- $124,250 +4.5%
        2014-- $118,850 +11.9%
        2011-- $106,220 -0.8%
        2010$5,484 -18%$107,070 -18%
        2009$6,686 $130,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48067

        Getting around

        95 / 100
        Walker's Paradise
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes