219 W 12 Mile Road Royal Oak, MI $ 499,900
219 W 12 Mile Road
$ 499,900
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219 W 12 Mile Road

Royal Oak, MI, 48073
$ 499,900
Bedrooms3 Baths3.3 Sq 1,950

Monthly Estimate*

$ 3,156

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Multi-Family Home for sale in Royal Oak, MI

for $499,900 with 3 bedrooms and 3 full baths, 3 half baths. This 1,950 square foot home was built in 1957 on a lot size of 0.16.

Investment Opportunity – Fully Leased Ranch-Style Triplex in Prime Royal Oak Location...Excellent opportunity to own a well-maintained, income-producing three-unit ranch-style triplex in the heart of Royal Oak. This property is fully occupied with stable tenants and generates $3,900 per month in rental income, offering immediate cash flow with upside potential through future rent increases...The property features two beautifully updated units with central air conditioning, in-unit washer and dryer, dishwashers, and newer furnaces, providing modern conveniences that attract and retain quality tenants. The third unit offers a functional layout with a dishwasher and newer water heater. Ranch-style living is highly desirable, with all units offering single-level convenience and low-maintenance living. Current rental breakdown: Unit A: $900/month (lease through April 2027) Unit B: $1,500/month (lease through October 2026) Unit C: $1,500/month (lease through July 2027) Located just minutes from downtown Royal Oak, shopping, restaurants, parks, and major freeways, this property combines a strong location with reliable income. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey triplex is an outstanding opportunity in one of Metro Detroit's most desirable rental markets. Start generating income from day one.

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Multi-Family Active

Price

$ 499,900

Bedrooms

3

Full Bath

3

Half Bath

3

Property Type

Multi-Family

Taxes

$ 8,071

Style

Ranch

Lot Size

0.16

Year Built

1957

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20261056965

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials Brick
Pets Allowed BreedRestrictions
Year Built 1957
Levels One
Property Subtype MultiFamily
County Oakland
Net Operating Income 46800.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name BECKS
Garage Y/N N
Rent Includes Sewer Water
Full Baths 3
Status Active
Directions MAPS
City RoyalOakCity_Oakland
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RoyalOak
Zoning Description MultiFamily
Number Of Units Total 3
MLS Area Area02251RoyalOak
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 8071.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 145490
Expected Active Date 2026-07-28
Legal Description T1N R11E SEC 16 BECK'S SUB LOT 18
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 46.51X148.1
Lot Size Acres 0.16
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1950.0
Half Baths 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 6
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Hassan Scheib

Listing Agent

Own It Realty

Broker

(313) 395-0000

Phone

Affordability Calculator

$3,829
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$673
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4909464 Elementary School
4909769 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$499,900 Listed Price

Map


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219 W 12 Mile Road, Royal Oak, MI, 48073 is a Multi-Family Home for sale at $499,900 with 1,950 sqft and a lot size of 0.16. 219 W 12 Mile Road has 3 bedrooms, 3.3 baths, and was built in 1957. The property's zip code is 48073 which is in Royal Oak, MI