1507 E 5th Street Royal Oak, MI $ 385,000
1507 E 5th Street
$ 385,000
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1507 E 5th Street

Royal Oak, MI, 48067
$ 385,000
Bedrooms3 Baths2.0 Sq 1,432

Monthly Estimate*

$ 2,371

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Single Family Home for sale in Royal Oak, MI

for $385,000 with 3 bedrooms and 2 full baths. This 1,432 square foot home was built in 1924 on a lot size of 0.11.

WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree-lined block in one of Royal Oak’s most desirable neighborhoods, this colonial offers the rare opportunity to enjoy true walkability to dining, shopping, parks, nightlife, and year-round events - all while maintaining privacy and a peaceful setting. Set away from the street, this inviting home blends charm, functionality, and value in a way that’s hard to find at this price point. Inside, you’ll find a thoughtfully designed, expanded layout featuring two full bathrooms above grade, a true second level, and a first-floor laundry room - rare offerings in the area. The spacious kitchen features granite countertops, maple cabinetry, hardwood floors, and a peninsula with seating. The kitchen flows seamlessly into the dining area with direct access to the backyard deck - ideal for entertaining or everyday living. The flexible floor plan includes a main-level bedroom ideal for a home office, den, or guest space, while upstairs bedrooms are generously sized and filled with natural light. Additional highlights include a detached garage, immaculate basement for storage, and a private backyard setting that feels tucked away, yet just moments from the energy of downtown. If you’ve been waiting for an affordable opportunity to live within walking distance to everything Royal Oak has to offer - without compromising on space, layout, or convenience - this is it.

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Single Family Active

Price

$ 385,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,717

Style

Colonial

Lot Size

0.11

Year Built

1924

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20261011637

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CeilingFans CentralAir
Possession AtClose
Roof Asphalt
Appliances Dishwasher Disposal Dryer FreeStandingElectricRange FreeStandingRefrigerator Microwave Washer
Garage Spaces 1.0
Patio/Porch Features Deck Porch
Architectural Style Colonial
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Yes
Year Built 1924
Levels Two
Property Subtype SingleFamilyResidence
County Oakland
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name FOURTH AVE
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions South of 4th Street West of Campbell Road.
City RoyalOakCity_Oakland
Disclosures ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District RoyalOak
MLS Area Area02251RoyalOak
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5717.0
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 Owner
Tax Assessed Value 149950
Expected Active Date 2026-02-26
Legal Description T1N R11E SEC 22 FOURTH AVENUE SUB LOT 51 8-14-92 FR 008
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Interior
Basement Unfinished WalkUpAccess
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1432.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Fencing BackYard
Parking Features OneCarGarage Detached
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 45X105
Lot Size Acres 0.11
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 1507
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* Excluded Features
List By
Alexandra I Lannen

Listing Agent

Dobi Real Estate

Broker

(248) 703-3358

Phone

Affordability Calculator

$2,847
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$476
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
Pricing History
DatePricePrice ChangeDescription
2/27/2026$385,000 Listed Price

Map


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1507 E 5th Street, Royal Oak, MI, 48067 is a Single Family Home for sale at $385,000 with 1,432 sqft and a lot size of 0.11. 1507 E 5th Street has 3 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 48067 which is in Royal Oak, MI