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907 E Fifth Street Royal Oak, MI $ 550,000
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$ 550,000 Get more info
907 E Fifth Street
$ 550,000
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907 E Fifth Street

Royal Oak, MI, 48067
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,386

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $550,000. This home was built in 1926 on a lot size of 0.12.

Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,047

Style

2 to 4 Units

Lot Size

0.12

Year Built

1926

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

26013055
Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding
Exclusions None
Year Built 1926
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 39000.0
County Oakland
Net Operating Income 37000.0
Operating Expense 2000.0
Insurance Expense 1500.0
New Construction N
Property Type Multi Family
Attached Garage N
MaintenanceExpense 500.0
Status Active
Directions Located one block south of 4th west of campbell
City Royal Oak
High School District City of Royal Oak
Zoning Description Residential
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 8047.65
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 145620
Legal Description T1N R11E SEC 22 FOURTH AVENUE SUB LOTS 16 & 17
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 Gas Dryer Hookup In Basement Laundry Room Washer Hookup
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Sidewalk
Total Parking 4.0
Lot Size Area 0.12
Number of Buildings 1
Spa N
Lot Dimensions 49x105
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 1 907
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* Excluded Features
List By
Elementary Homes, Llc.

Broker

michael@elementarylending.com

Email

Affordability Calculator

$4,057
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$671
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
4474346 Elementary School
4474345 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/1/2026$550,000 Listed Price

Map

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907 E Fifth Street, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $550,000 with a lot size of 0.12. 907 E Fifth Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 48067 which is in Royal Oak, MI

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