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

60972337

Features
General
Heating Forced Air
Kitchen Level Entry
Cooling Ceiling Fan(s) Central A/C
Possession At Close
Garage Detached Garage
Water Public Water
Appliances Dishwasher Disposal Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1924
Pets Allowed Yes
Subdivision Fourth Ave MI
Water Heater Gas
Style Colonial
County Oakland
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Royal Oak
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Royal Oak (63251)
Primary City Royal Oak
Directions South of 4th Street West of Campbell Road.
City Royal Oak
School District Royal Oak Neighborhood Schools
Financial Terms Cash Conventional FHA VA
Legal Description T1N R11E SEC 22 FOURTH AVENUE SUB LOT 51 8-14-92 FR 008
DOM 1
Postal Code 48067
Price Per Sq Ft Total AG 268.85
Public Remarks 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
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Interior
Dining Room Level Entry
Basement Outside Entrance Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 9
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Exterior
Exterior Vinyl Siding
Exterior Amenities Deck Fenced Yard Porch
Frontage 45
Lot Size Area 0.11
Pool (Y/N) No
Lot Dimensions 45X105
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Alexandra Lannen

Listing Agent

Dobi Real Estate

Broker

alexandra@wearedobi.com

Email

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
759413 Elementary School
759716 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