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406 W 12 Mile Royal Oak, MI $ 315,000
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406 W 12 Mile
$ 315,000
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406 W 12 Mile

Royal Oak, MI, 48073
$ 315,000
Baths2.0 Sq 1,400

Monthly Estimate*

$ 1,940

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $315,000 with 2 full baths. This 1,400 square foot home was built in 1922 on a lot size of 0.13.

Charming two unit multifamily in prime Royal Oak, minutes to downtown dining, shopping, parks, and quick access to Woodward and 696. Ideal house hacking opportunity with privacy. Classic early 1900s two story colonial style design with a steep gable roofline, clean siding, bright white trim, and a welcoming covered front porch. Upper unit is vacant and offers a spacious one bedroom with great natural light, hardwood floors, and updated kitchen and bath. Lower unit is a two bedroom currently rented at 1250 per month with a current tenant. Plenty of parking in back.

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Multi-Family Active

Price

$ 315,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,192

Style

Colonial

Lot Size

0.13

Year Built

1922

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20261007676
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Colonial
Pool Features None
Construction Materials AluminumSiding
Pets Allowed Call
Year Built 1922
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 9750.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name H L KOPPINS
Garage Y/N N
Full Baths 2
Status Active
Directions North on Main West on 12 Mile
City RoyalOakCharterTownship_Oakland
Disclosures ActualIncome NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RoyalOak
Zoning Description MultiFamily Residential
Number Of Units Total 22
MLS Area Area02251RoyalOak
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 6192.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 88050
Expected Active Date 2026-02-06
Legal Description T1N R11E SEC 9 H L KOPPIN'S SUB LOT 15
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1400.0
Half Baths 0
Laundry Features CommonArea
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Other
Foundation Details Basement Block
Spa N
Lot Dimensions 40X137.49
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 406
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* Excluded Features
List By
Garrett Blair

Listing Agent

Douglas Rose Realty

Broker

(810) 623-0228

Phone

Affordability Calculator

$2,456
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$516
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4909464 Elementary School
4909769 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2026$315,000 Listed Price

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406 W 12 Mile, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $315,000 with 1,400 sqft and a lot size of 0.13. 406 W 12 Mile is a studio with 2.0 baths and was built in 1922. The property's zip code is 48073 which is in Royal Oak, MI

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