575 E Lincoln St Birmingham, MI 48009
Estimated payment $14,149/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,264
Year Built
- Built in 1981 | Remodeled in 2000
Lot Details
- Lot Dimensions are 165 x 107
Parking
- 16 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
Listing and Financial Details
- Assessor Parcel Number 1936257045
Community Details
Overview
- 8 Units
- Lincoln Woodward Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,178 | $879,050 | $0 | $0 |
| 2024 | $15,853 | $809,080 | $0 | $0 |
| 2023 | $15,129 | $756,790 | $0 | $0 |
| 2022 | $18,238 | $663,640 | $0 | $0 |
| 2021 | $17,779 | $579,960 | $0 | $0 |
| 2020 | $14,099 | $554,720 | $0 | $0 |
| 2019 | $17,467 | $530,780 | $0 | $0 |
| 2017 | $16,834 | $458,990 | $0 | $0 |
| 2015 | -- | $417,320 | $0 | $0 |
| 2014 | -- | $397,530 | $0 | $0 |
| 2011 | -- | $444,520 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $2,350,000 | -- | $272 / Sq Ft |
Source: Realcomp
MLS Number: 20261024206
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Ask me questions while you tour the home.