816-818 E 5th Street Royal Oak, MI ^$ 479,900

816-818 E 5th Street

^$ 479,900

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Recently Listed

816-818 E 5th Street

Royal Oak, MI, 48067

^$ 479,900

Bedrooms4 Baths2.0 Sq 1,863

Monthly Estimate*

^$ 3,030

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Multi-Family Home for sale in Royal Oak, MI

for $479,900 with 4 bedrooms and 2 full baths. This 1,863 square foot home was built in 1950 on a lot size of 0.11.

Prime Royal Oak location! This nicely updated two-unit property offers an excellent opportunity for an owner-occupant or investor. Each unit features 2 bedrooms and 1 full bath, with comfortable layouts and separate utilities. Numerous capital improvements include a newer roof, newer A/C and HVAC systems. Shared basement provides additional storage and laundry. Both units are currently occupied by family friends with no formal rental agreements in place. A great opportunity to own a well-maintained income-producing property in a highly desirable Royal Oak location!

Multi-Family Active

Price

^$ 479,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,696

Style

Lot Size

0.11

Year Built

1950

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

50222006

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water at Street

Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1950

Subdivision Replat Of Alex Knowles MI

County Oakland

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Royal Oak

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Royal Oak (63251)

Primary City Royal Oak

Virtual Tour https://www.zillow.com/view-imx/4d5a8a10-9d03-4fc9-84a4-81b53a97cef8?wl=true&setAttribution=mls&initialViewType=pano

Directions East Of Main Street South Of Eleven Mile Rd

City Royal Oak

School District Royal Oak Neighborhood Schools

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 22 REPLAT OF ALEX KNOWLES SUB W 8 FT OF N 93 FT OF LOT 92 N 93 FT OF LOT 93 & E 4 FT OF N 93 FT OF LOT 94

DOM 1

Postal Code 48067

Price Per Sq Ft Total AG 257.6

Public Remarks Prime Royal Oak location! This nicely updated two-unit property offers an excellent opportunity for an owner-occupant or investor. Each unit features 2 bedrooms and 1 full bath

Interior

Basement Block

Beds 4

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Frontage 52

Lot Size Area 0.11

Lot Dimensions 52 x 93

Waterfront Y/N No

* Excluded Features

List By

Panagiota Vasilos

Listing Agent

Sine & Monaghan Llc

Broker

pattyvasilos@gmail.com

Affordability Calculator

$3,505

Per Month

Monthly Principal & Interest: $3,030
Monthly Property Taxes: $475
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Royal Oak, MI

Average List Price ^$479,338

Percent of Sale Price 0%

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.

759413 Elementary School

759716 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2026	$479,900		Listed Price

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816-818 E 5th Street, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $479,900 with 1,863 sqft and a lot size of 0.11. 816-818 E 5th Street has 4 bedrooms, 2.0 baths, and was built in 1950. 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 6.49% 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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816-818 E 5th Street

Multi-Family Home for sale in Royal Oak, MI

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