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
Baths3.3 Sq 1,950

Monthly Estimate*

$ 3,156

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Studio

Multi-Family Home for sale in Royal Oak, MI

for $499,900 with 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

Studio

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

61015482

Features
General
Heating Forced Air
Cooling Central A/C
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 3
Half Baths 3
Bathrooms 6
Year Built 1957
Subdivision Becks MI
Style Ranch
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 46800
Ownership Private
Municipality Royal Oak
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Royal Oak (63251)
Primary City Royal Oak
Directions MAPS
City Royal Oak
School District Royal Oak Neighborhood Schools
Financial Terms Cash Conventional FHA VA
Legal Description T1N R11E SEC 16 BECK'S SUB LOT 18
DOM 1
Postal Code 48073
Price Per Sq Ft Total AG 256.36
Public Remarks Investment Opportunity - Fully Leased Ranch-Style Triplex in Prime Royal Oak Location...Excellent opportunity to own a well-maintained
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Exterior
Exterior Brick
Lot Size Area 0.16
Lot Dimensions 46.51X148.1
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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* Excluded Features
List By
Hassan Scheib

Listing Agent

Own It Realty

Broker

Scheib@ownit2020.com

Email

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
759413 Elementary School
759716 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$499,900 Listed Price

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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 is a studio with 3.3 baths and was built in 1957. The property's zip code is 48073 which is in Royal Oak, MI