2041 N Main Street Royal Oak, MI $ 1,550,000
2041 N Main Street
$ 1,550,000
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2041 N Main Street

Royal Oak, MI, 48073
$ 1,550,000
Baths4.0 Sq 4,580

Monthly Estimate*

$ 9,544

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $1,550,000 with 4 full baths. This 4,580 square foot home was built in 1924 on a lot size of 0.23.

Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio - complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,204

Style

Lot Size

0.23

Year Built

1924

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60989802

Features
Interior
Interior Amenities Cable/Internet Avail.
Basement Block Common
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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General
Heating Hot Water
Cooling Ceiling Fan(s) Window Unit(s)
Possession At Close
Water Public Water
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1924
Parking Lighted
Subdivision Weitzels Houstonia Heights MI
Water Heater Gas
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 90100
Ownership Private
Municipality Royal Oak
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Royal Oak (63251)
Primary City Royal Oak
Directions Right on Main Street
City Royal Oak
School District Royal Oak Neighborhood Schools
Financial Terms Cash Conventional
Legal Description T1N R11E SEC 9 WEITZEL'S HOUSTONIA HEIGHTS SUB LOT 3
DOM 11
Postal Code 48073
Price Per Sq Ft Total AG 338.43
Public Remarks
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Exterior
Exterior Brick
Frontage 64
Lot Size Area 0.23
Lot Dimensions 64X155
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Tim Holden

Listing Agent

Era Prime Real Estate Group

Broker

timholdenrealtor@gmail.com

Email

Affordability Calculator

$10,311
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$767
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
5/5/2026$1,550,000 Listed Price

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2041 N Main Street, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $1,550,000 with 4,580 sqft and a lot size of 0.23. 2041 N Main Street is a studio with 4.0 baths and was built in 1924. The property's zip code is 48073 which is in Royal Oak, MI