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Updated Three-Unit Triplex
For Sale
$875,000

156 N Worth Street, Birmingham, MI 48009

Multi-residential property with separate garages, refreshed interiors, outdoor living areas, and a lower-level walk-out residence.

Property SizeContact for details
Days on Market12

Property Features for 156 N Worth Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home
Zoning Multi-Family

Property Condition

Severity Repairs Needed
Evidence room for further renovations

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $13,894

Amenities

landscaped backyard
balcony
patio
stainless steel appliances
granite counter tops
fireplace
island kitchen

Building Details

Year Built 1924
Listing Agency: TippinsLuxe Realty
Listed By: Jodi Tippins
Source: Eliterealtymi
Added: Aug 15 Changed: Aug 24 Last Checked: Aug 26 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TippinsLuxe Realty

Investment Insights

Based on property information with market context.

This 1924 triplex contains three independent residences: two one-bedroom units with new balconies and one two-bedroom unit with a lower-level walk-out. The larger residence includes a fireplace, kitchen island, and an additional lower-level kitchen. Improvements include new carpet, stainless steel appliances, granite countertops, a new full bath in the lower level, updated separate garages, landscaping, and new patio areas.

The property is zoned Multi-Res and is located at 156 N Worth St in Birmingham, Michigan, within walking distance of downtown Birmingham. Dining, shopping, entertainment, parks, and the downtown area are identified as nearby amenities. The source information also indicates potential conversion to a single-family residence, subject to applicable requirements.

Key Highlights

  • Three‑unit configuration with two one‑bedroom residences and one two‑bedroom residence
  • 1924 construction with updates to interiors, garages, landscaping, balconies, and patios
  • Three separate car garages, one assigned to each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,331
Businesses Nearby

Demographics for 48009, MI

21,817
Population
10,333
Households
2.1
Avg Household Size
43
Median Age
77%
College-Educated
99%
High-School Grad
5.0 sq mi
ZIP Area
4,363
Density / Sq Mi
$152,443
Median Household Income
$84,415
Median Earnings
$1,891
Median Rent
$712,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Multi-residential property with separate garages, refreshed interiors, outdoor living areas, and a lower-level walk-out residence.
Where is this triplex located?
The property is located at 156 N Worth Street Birmingham, MI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three‑unit configuration with two one‑bedroom residences and one two‑bedroom residence; 1924 construction with updates to interiors, garages, landscaping, balconies, and patios; Three separate car garages, one assigned to each unit
More about this property
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