714 E 12 Mile Road
Royal Oak, MI, 48073 $ 274,999
Bedrooms3 Baths2.0 Sq 1,200 Monthly Estimate*
$ 1,716
for $274,999 with 3 bedrooms and 2 full baths. This 1,200 square foot home was built in 1946 on a lot size of 0.1.
Land contract available with $18,000 down, 10-year term, and $2,400 monthly payment including taxes and insurance. The basement offers proven income potential and is already configured for short-term rental use, with local Airbnb rates averaging approximately $60 per night per AirDNA data. This fully updated 1946 bungalow is located just five minutes from Royal Oak's Main Street and blends classic charm with modern convenience, featuring three bedrooms, two full bathrooms, refinished hardwood floors, and spacious living and dining areas with original architectural character. The updated kitchen provides ample counter space and storage, while the main-floor bedroom and full bath are complemented by two additional bedrooms upstairs, making the layout ideal for multigenerational living or roommate arrangements. The finished basement includes a second full bathroom, wet bar, and separate laundry area, creating flexibility for guests, tenants, or additional living space. A new roof was installed in 2022, and the unique split-level design includes two laundry setups, one on the main level and one in the basement. Additional features include a fenced backyard, covered front porch, updated mechanicals and electrical, and driveway parking for multiple vehicles, with quick access to I-75, parks, shopping, dining, and entertainment, offering a rare move-in-ready opportunity with income potential in a high-demand location.
See more
FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Possession At Close
Garage Detached Garage Electric in Garage
Water Other-See Remarks
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1946
Subdivision Royal Oak Manor MI
Style Bungalow
County Oakland
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Royal Oak
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area Royal Oak (63251)
Primary City Royal Oak
Directions East of Rochester Road south side of 12 Mile Road.
City Royal Oak
School District Royal Oak Neighborhood Schools
Financial Terms Cash FHA VA
Legal Description T1N R11E SEC 15 ROYAL OAK MANOR LOT 263
DOM 63
Postal Code 48073
Price Per Sq Ft Total AG 229.17
Public Remarks Land contract available with $18 000 down 10-year term and $2
See more
InteriorDining Room Level Entry
Basement Finished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 8
See more
ExteriorExterior Vinyl Siding
Frontage 40
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 40X110
Roads Paved Street
Waterfront Y/N No
See more
* Excluded FeaturesList ByDaryl WizinskyListing Agent
daryl@darylwizinsky.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,716
- Monthly Property Taxes
- $373
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Royal Oak, MI
Average List Price $494,515
Percent of Sale Price 80%
About Royal Oak, MI 58,569 Population
-2% Since 2002
$ 69,342 Median Income
40.15 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
759413 Elementary School
759716 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/13/2025 | $274,999 | 0.00% | Price Down |
| 12/8/2025 | $275,000 | -3.47% | Price Down |
| 11/5/2025 | $284,900 | -0.04% | Price Down |
| 11/3/2025 | $285,000 | -5.00% | Price Down |
| 10/22/2025 | $299,999 | | Listed Price |