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
Bedrooms4 Baths4.0 Sq 4,580

Monthly Estimate*

$ 9,544

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Multi-Family Home for sale in Royal Oak, MI

for $1,550,000 with 4 bedrooms and 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

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,204

Style

Common Entry Building,Quadruplex

Lot Size

0.23

Year Built

1924

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20261031385

Features
General
Sewer PublicSewer
Heating HotWater NaturalGas
Cooling CeilingFans WindowUnits
Utilities CableAvailable
Possession AtClose
Roof Other Rubber
Garage Spaces 0.0
Architectural Style CommonEntryBuilding Quadruplex
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1924
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 90100.0
Operating Expense 8900.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WEITZELS HOUSTONIA HEIGHTS
Garage Y/N N
Rent Includes Heat SnowRemoval YardMaintenance
Full Baths 4
Status Active
Directions Right on Main Street
City RoyalOakCity_Oakland
Disclosures LegalRentalCertified ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RoyalOak
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area02251RoyalOak
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 9204.0
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 MultipleOccupantTypes
Tax Assessed Value 166560
Expected Active Date 2026-05-05
Legal Description T1N R11E SEC 9 WEITZEL'S HOUSTONIA HEIGHTS SUB LOT 3
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Interior
Basement Common Full InteriorEntry PrivateStorageLocker Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4580.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features Assigned Lighted ParkingPad Carport
Water Source Public
Total Parking 6.0
Foundation Details Basement Block
Spa N
Lot Dimensions 64X155
Lot Size Acres 0.23
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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Internal Only
Street Number 1 2041
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* Excluded Features
List By
Tim Holden

Listing Agent

Era Prime Real Estate Group

Broker

(248) 890-8161

Phone

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
4909464 Elementary School
4909769 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 has 4 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 48073 which is in Royal Oak, MI