802 S Lafayette Avenue Royal Oak, MI ^$ 500,000

802 S Lafayette Avenue

^$ 500,000

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Recently Listed

802 S Lafayette Avenue

Royal Oak, MI, 48067

^$ 500,000

Studio Baths0.0 Sq 1,650

Monthly Estimate*

^$ 3,079

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $500,000. This 1,650 square foot home was built in 1904 on a lot size of 0.12.

Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deck porches, and access to shared on-site laundry. Dedicated on-site parking adds convenience for tenants. Located just minutes from downtown Royal Oak's restaurants, shops, and nightlife, this property is ideal for investors or owner-occupants looking to generate rental income in a highly desirable location.

Multi-Family Active

Price

^$ 500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,840

Style

Lot Size

0.12

Year Built

1904

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

70517652

Features

General

Heating Forced Air

Status Active Active

Year Built 1904

County Oakland

Class MULTIFAMILY

Type Multi-Family

Net Income 42800.83

Municipality Royal Oak

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Royal Oak (63251)

Primary City Royal Oak

Directions Located on the corner of Lafayette and lincoln

City Royal Oak

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 21 A DONDERO'S SUB LOT 37

DOM 1

Postal Code 48067

Price Per Sq Ft Total AG 303.03

Public Remarks Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1 650 sq ft with two separate units

Exterior

Exterior Brick

Frontage 43

Lot Size Area 0.12

Lot Dimensions 43x120

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Michael Nawrocki

Listing Agent

Elementary Homes, Llc.

Broker

michael@elementarylending.com

Affordability Calculator

$3,649

Per Month

Monthly Principal & Interest: $3,079
Monthly Property Taxes: $570
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Royal Oak, MI

Average List Price ^$881,583

Percent of Sale Price 76%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$500,000		Listed Price

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802 S Lafayette Avenue, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $500,000 with 1,650 sqft and a lot size of 0.12. 802 S Lafayette Avenue is a studio with 0.0 baths and was built in 1904. The property's zip code is 48067 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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802 S Lafayette Avenue

Multi-Family Home for sale in Royal Oak, MI

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