Sold
575 E Lincoln Street, Birmingham, MI 48009
Sold on 06/17/2026 for$2,100,000
MLS # 20261024206 (Realcomp)
Built 19810.4 acres
1 / 20
Listing Description
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.
Source: SparkMLS
About this home
Located in Birmingham in Birmingham, this property offers 15-bath, with original construction dating to 1981.
Final sale price: $2,100,000.
Property tax estimate: $20,264 per year ($1,689/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms15
Lot Size0.4 acres
Year Built1981
Location
CityBirmingham
MunicipalityBirmingham
Zip Code48009
CountyOakland
School DistrictBirmingham
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/10/2026
Sold Date6/16/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$20,264
State Equalized Value$879,050
Taxable Value$402,000
Parcel #1936257045
Source: Public Records
Legal Description
T2N, R10E, SEC 36 LINCOLN-WOODWARD SUB LOTS 1 TO 4 INCL
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Renee Lossia Acho
KW Domain
Frequently Asked Questions about 575 E Lincoln Street, Birmingham, MI 48009
What school district is 575 E Lincoln Street, Birmingham, MI 48009 in?
Per MLS# 20261024206, this property is served by Birmingham. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 575 E Lincoln Street, Birmingham, MI 48009?
Per MLS# 20261024206, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261024206, the most recent reported annual property tax for 575 E Lincoln Street, Birmingham, MI 48009 is $20,264. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 575 E Lincoln Street, Birmingham, MI 48009 eligible for USDA financing?
Per USDA Rural Development boundary data, 575 E Lincoln Street, Birmingham, MI 48009 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 575 E Lincoln Street, Birmingham, MI 48009 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$15,242
Principal & interest$15,242
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
575 E Lincoln Street, Birmingham, MI 48009
View full property history →
Municipality
Birmingham
View all listings →
County
Oakland County
View county overview →
Get email alerts for new listings near 575 E Lincoln Street
We'll notify you when something hits the market in Birmingham or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.