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802 S Lafayette Avenue Royal Oak, MI $ 500,000
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$ 500,000 Get more info
802 S Lafayette Avenue
$ 500,000
Back to search
Share Save

802 S Lafayette Avenue

Royal Oak, MI, 48067
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,079

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $500,000. This 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.

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Multi-Family Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,840

Style

2 to 4 Units

Lot Size

0.12

Year Built

1904

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

26007965
Features
General
Heating Forced Air
Cooling Window Unit(s)
Utilities Phone Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Other Composition
Construction Materials Brick
Exclusions None
Year Built 1904
Tenant Pays Electric Water Trash Sewer Gas
Township Royal Oak City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
Gross Income 44217.83
County Oakland
Net Operating Income 42800.83
Operating Expense 1417.0
Insurance Expense 943.0
New Construction N
Property Type Multi Family
Attached Garage N
MaintenanceExpense 474.0
Status Active
Directions Located on the corner of Lafayette and lincoln
City Royal Oak
High School District Royal Oak
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5184.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6840.56
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 123780
Legal Description T1N R11E SEC 21 A DONDERO'S SUB LOT 37
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Common Area Gas Dryer Hookup In Basement Laundry Room Washer Hookup
Total Baths 0
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Exterior
Parking Features Concrete Driveway Paved
Lot Features Corner Lot
Total Parking 4.0
Lot Size Area 0.12
Number of Buildings 1
Spa N
Lot Dimensions 43x120
Lot Size Acres 0.12
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 802
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* Excluded Features
List By
Elementary Homes, Llc.

Broker

michael@elementarylending.com

Email

Affordability Calculator

$3,649
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$570
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
4814048 Elementary School
4814051 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$500,000 Listed Price

Map

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802 S Lafayette Avenue, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $500,000 with 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

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