Sold742d on marketHistoric · 122 yrs
417 W Lincoln Ave
Royal Oak, MI, 48067 • 48067 • Oakland County
$530,000
$246/sqft
4Beds
3Baths
2,156Sqft
0.18 acLot
1904Built
Property DNA
Character Home
Built 1904 · 122 years of history
A Donderos
48067
This home is getting attention
Listed 742 days ago · 3 views
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
742 days on market
Established listing
$246/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 33% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1904 · Historic
You will fall in love with this one! Exceptional Triplex in downtown Royal Oak. This multi-family property has been completely renovated. All units have granite countertops, Stainless Steel appliances including dishwashers as well as updated baths. Beautiful redone hardwood floors. 1st floor 2 bedroom unit is vacant. 2nd floor 1 bedroom unit rents for $1400 and 3rd floor 1 bedroom at $1300 a month. Both leases go through to the end of February 2025. Incredible tenants paying competitive rates make this an extraordinary investment property. Oversized lot with professional landscaping. Off street parking for tenants. Very walkable location in the heart of everything. Don't miss out on an incredible opportunity.
Standout features identified
Our analysis highlights professional landscaping, oversized lot, and downtown royal oak as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,324/month
Principal & Interest$2,618
Property Tax$530
Insurance$177
Down payment20% ($106,000)
3%50%
Est. 6.28% rate · 30yr fixed · $424,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1904
HeatingForced Air
Parking0 spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1904
Stories2
Systems
HeatingForced Air
Water / SewerPublic / Public Sanitary
Parking & Outdoor
Lot7,840 sqft
Location & Tax
Neighborhood48067
Annual tax$10,505
Parcel2521407019
Bathrooms & Fees
Full baths3
Features & details
3 categories of property features
Interior Features
Appliances
Gas Water Heater
Heating
Forced Air
Exterior Features
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusSold
Days on market742
Est. value$577,000
Est. rent$2,110/mo
Tax rate1.34%
Price/sqft$246
On marketFeb 14, 2024
PostedFeb 14, 2024
Last sold$530,000
MLS updatedMar 26, 2024
Tour days6
Views3
How are the schools in Royal Oak?
3 schools rated nearby
Location
Royal Oak, MI, 48067
Price history
11 events
DateEventPrice$/sqftSource
Mar 26, 2024Sold$530,000$246MiRealSource
Mar 26, 2024Pending Sale$550,000$255MiRealSource
Feb 14, 2024Listed For Sale$550,000$255MiRealSource
Jun 21, 2021Sold$420,000$195RE/MAX of SE Michigan Solds
Apr 28, 2021Pending Sale$425,000$197Realcomp II
Apr 23, 2021Listed For Sale$425,000$197Realcomp II
Sep 8, 2015Sold$242,000$112Agent Provided
Jun 13, 2015Listed For Sale$250,000$116Keller Williams Royal Oak Market Center
Aug 5, 2014Listing Removed$269,000$125Hall & Hunter Realtors
Feb 22, 2014Listed For Sale$269,000$125Hall & Hunter Realtors
Jan 19, 2007Sold$225,000$104Public Record
Sold$530,000
Mar 26, 2024•$246/sqft•MiRealSource
Pending Sale$550,000
Mar 26, 2024•$255/sqft•MiRealSource
Listed For Sale$550,000
Feb 14, 2024•$255/sqft•MiRealSource
Sold$420,000
Jun 21, 2021•$195/sqft•RE/MAX of SE Michigan Solds
Pending Sale$425,000
Apr 28, 2021•$197/sqft•Realcomp II
Listed For Sale$425,000
Apr 23, 2021•$197/sqft•Realcomp II
Sold$242,000
Sep 8, 2015•$112/sqft•Agent Provided
Listed For Sale$250,000
Jun 13, 2015•$116/sqft•Keller Williams Royal Oak Market Center
Listing Removed$269,000
Aug 5, 2014•$125/sqft•Hall & Hunter Realtors
Listed For Sale$269,000
Feb 22, 2014•$125/sqft•Hall & Hunter Realtors
Sold$225,000
Jan 19, 2007•$104/sqft•Public Record
Tax history
13 years of records
YearTax paidAssessed value
Apr 8, 2024—$197,990
Apr 8, 2023—$188,950
Apr 8, 2022—$184,950
Apr 8, 2021—$161,690
Apr 8, 2020—$146,270
Apr 8, 2019—$141,260
Apr 8, 2018—$138,710
Apr 8, 2017—$138,710
Apr 8, 2015—$124,250
Apr 8, 2014—$118,850
Apr 8, 2011—$106,220
Apr 8, 2010$5,484$107,070
Apr 8, 2009$6,686$130,600
Nearby homes
Neighborhood details
Local context around this listing
Royal Oak, MI • Oakland County
Nearby cities
Bloomfield HillsFarmington HillsNoviPontiacRochester HillsRoyal OakSouthfieldTroy
Nearby zip codes
480674806848073
Similar homes
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