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816-818 E 5th Street Royal Oak, MI $ 469,900
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816-818 E 5th Street
$ 469,900
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816-818 E 5th Street

Royal Oak, MI, 48067
$ 469,900
Bedrooms-- Baths2.0 Sq 1,863

Monthly Estimate*

$ 3,245

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Multi-Family Home for sale in Royal Oak, MI

for $469,900 with 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!

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Multi-Family Active

Price

$ 469,900

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,696

Style

MultiFamily

Lot Size

0.11

Year Built

1950

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

58050227245
Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas SeparateMeters
Possession Negotiable
Appliances Dishwasher Dryer Microwave Oven Refrigerator Range Washer
Garage Spaces 0.0
Year Built 1950
Levels Two
Property Subtype MultiFamily
County Oakland
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name REPLAT OF ALEX KNOWLES
Garage Y/N N
Full Baths 2
Status Active
City RoyalOakCity_Oakland
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RoyalOak
Number Of Units Total 2
MLS Area Area02251RoyalOak
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5696.0
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
Virtual Tour https://www.zillow.com/view-imx/4d5a8a10-9d03-4fc9-84a4-81b53a97cef8?wl=true&setAttribution=mls&initialViewType=pano https://www.zillow.com/view-imx/4d5a8a10-9d03-4fc9-84a4-81b53a97cef8?initialViewType=pano
Standard Status Active
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
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Interior
Basement Block
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1863.0
Total Bedrooms 4
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 52 x 93
Lot Size Acres 0.11
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Panagiota Vasilos

Listing Agent

Sine & Monaghan Llc

Broker

(313) 477-3124

Phone

Affordability Calculator

$3,720
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,245
Monthly Property Taxes
$475
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2026$469,900 Listed Price

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816-818 E 5th Street, Royal Oak, MI, 48067 is a Multi-Family Home for sale at $469,900 with 1,863 sqft and a lot size of 0.11. 816-818 E 5th Street has 2.0 baths and was built in 1950. The property's zip code is 48067 which is in Royal Oak, MI

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