575 E Lincoln Street Birmingham, MI $ 2,350,000
575 E Lincoln Street
$ 2,350,000
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575 E Lincoln Street

Birmingham, MI, 48009
$ 2,350,000
Baths8.7 Sq 8,642

Monthly Estimate*

$ 14,469

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Studio

Multi-Family Home for sale in Birmingham, MI

for $2,350,000 with 8 full baths, 7 half baths. This 8,642 square foot home was built in 1981 on a lot size of 0.4.

Exceptionally rare opportunity to acquire a fully occupied eight-unit apartment building on the north side of Lincoln in downtown Birmingham. Positioned on approximately .40 acres spanning four contiguous lots, the property presents a compelling opportunity for both investors and developers. The existing building offers strong in-place occupancy with room for thoughtful modernization, while the underlying land provides long-term redevelopment potential in one of Birmingham’s most established and desirable residential corridors. Built in 1981, the building has been carefully maintained and remains 100% occupied. The apartments are clean and functional, with generous layouts, in-unit laundry, forced-air heating, central A/C, and individually metered utilities. Properties of this scale and location rarely become available, particularly within walking distance of downtown Birmingham’s shops, restaurants, and entertainment. Please do not walk the premises unless given consent by listing agents.

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Multi-Family Active

Price

$ 2,350,000

Bedrooms

Studio

Full Bath

8

Half Bath

7

Property Type

Multi-Family

Taxes

$ 20,264

Style

Common Entry Building

Lot Size

0.4

Year Built

1981

Town/City

Birmingham

County/Region

Oakland

MLS | Web ID

20261024206

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir SeparateMeters
Utilities AboveGroundUtilities CableAvailable
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style CommonEntryBuilding
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1981
Levels Two
Property Subtype MultiFamily
Community Features Sidewalks
County Oakland
Net Operating Income 130000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LINCOLN-WOODWARD
Garage Y/N N
Rent Includes Sewer SnowRemoval TrashCollection Water YardMaintenance
Full Baths 8
Status Active
Directions West of Woodward on the North side of Lincoln
City BirminghamCity_Oakland
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Birmingham
Zoning Description Residential
Number Of Units Total 8
MLS Area Area02192Birmingham
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 8
Land Lease Y/N N
Tax Annual Amount 20264.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 402000
Expected Active Date 2026-04-14
Legal Description T2N R10E SEC 36 LINCOLN-WOODWARD SUB LOTS 1 TO 4 INCL
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Exterior
Parking Features ParkingLot Paved Unassigned
Water Source Public
Total Parking 16.0
Foundation Details Slab
Spa N
Lot Dimensions 165 x 107
Lot Size Acres 0.4
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8642.0
Half Baths 7
Laundry Features InUnit
Above Grade Finished Area Unit Type SquareFeet
Total Baths 15
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Internal Only
Street Number 1 575
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* Excluded Features
List By
Renee Lossia Acho

Listing Agent

Kw Domain

Broker

(248) 786-7790

Phone

Affordability Calculator

$16,158
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,469
Monthly Property Taxes
$1,689
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848630 Elementary School
848890 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2026$2,350,000 Listed Price

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575 E Lincoln Street, Birmingham, MI, 48009 is a Multi-Family Home for sale at $2,350,000 with 8,642 sqft and a lot size of 0.4. 575 E Lincoln Street is a studio with 8.7 baths and was built in 1981. The property's zip code is 48009 which is in Birmingham, MI