$550,000
Royal Oak, MI 48067
MLS# 26013055
1 / 28
Property Description
Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.
Details
Maps
Location & Property Info
Cross Streets: Cambell and 4th
Property Sub-Type: 2 to 4 Units
Municipality: Royal Oak City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 49x105
Financial Available: No
Road Frontage: 49
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: City of Royal Oak
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 5227
Lot Acres: 0.12
Year Built: 1926
Tax Info
Taxable Value: 145620
SEV: 186480
For Tax Year: 2025
Seller's Annual Property Tax: 8047.65
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0.00
Zoning: Residential
Tax ID #: 2522208015
Remarks & Misc
Public Remarks: Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.
Legal: T1N, R11E, SEC 22 FOURTH AVENUE SUB LOTS 16 & 17
Lot Description
Sidewalk: 1
Income and Expenses
Annual Insurance: 1500
Annual Maintenance: 500
Annual Mgmt. Fees: 0
Annual Utilities: 0
Gross Op. Inc.: 39000
Net Operating Income: 37000
Operating Expense: 2000
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Gas Dryer Hookup: 1
In Basement: 1
Laundry Room: 1
Washer Hookup: 1
Exterior Material
Aluminum Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Concrete: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Sep Water Meter: 1
Tenant Storage: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower Unit
SqFt: 1188
Occupied: Yes
Monthly Rent: 1850
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Central Air: 1
Dishwasher: 1
Fireplace: 1
Garage: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upper Unit
SqFt: 912
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Central Air: 1
Dishwasher: 1
Garage: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Oakland
Street #: 907
Street Direction: E
Street Name: Fifth
Suffix: Street
State: MI
Zip Code: 48067
OfficeContract Info
Status: Active
Current Price: $550,000
List Price: $550,000
Listing Date: 2026-04-01
Remarks Misc
Directions: Located one block south of 4th, west of campbell
Property Features
Laundry Features: Gas Dryer Hookup; In Basement; Laundry Room; Washer Hookup
Exterior Material: Aluminum Siding
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: None
Extras: Sep Electric Meter; Sep Gas Meter; Sep Water Meter; Tenant Storage
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Central Air; Dishwasher; Fireplace; Garage; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: Central Air; Dishwasher; Garage; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Elementary Homes, LLC.
Listing Agent: Michael Nawrocki
Last Updated: April - 01 - 2026
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