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    Royal Oak, MI Apartment Buildings for Sale

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    11-Unit Brick Apartment Building
    Updated: Oct 1
    11-Unit Brick Apartment Building

    2328 Crooks Rd, Royal Oak, MI 48073

    $1,300,000
    7,430 sqft
    11 apartments across two single‑story brick buildings
    Seven thousand four hundred thirty square feet; built in 1957
    Unit mix includes ten one‑bedroom apartments and one two‑bedroom apartment
    Shared laundry and on‑site parking
    New boilers installed in 2025
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    19-Unit Apartment Building
    Updated: Aug 21
    19-Unit Apartment Building

    Royal Oak, MI 48073

    $3,135,000
    16,822 sqft
    16,822 SF apartment building
    19 residential units
    68% occupancy
    Built in 1956
    MF zoning
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Royal Oak, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    68-Unit Apartment Complex
    68-Unit Apartment Complex

    16571 Schaefer Hwy, Detroit, MI 48235

    $3,500,000
    74,800 sqft

    68-unit multifamily property offering 1BR and 2BR units with current occupancy of 79%.

    View details
    29-Unit Brick Apartment Building
    29-Unit Brick Apartment Building

    653 Whitmore Rd, Highland Park, MI 48203

    $1,500,000
    24,280 sqft

    Brick multifamily property with dedicated parking, full-basement storage, and unit furnaces installed in 2023.

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    33-Unit Multifamily Building
    33-Unit Multifamily Building

    250 Merton Rd, Highland Park, MI 48203

    Contact for pricing
    26,168 sqft

    Unoccupied 33-unit apartment building available for sale.

    View details
    35-Unit Multifamily Property
    35-Unit Multifamily Property

    20539 Southfield Fwy, Detroit, MI 48235

    Contact for pricing

    Apartment building offering 35 units, presented for sale as a multifamily income property.

    View details

    Off-Market Properties in Royal Oak, MI

    Consider similar Off-Market properties in Royal Oak, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3808 Rochester Rd
    Multifamily properties

    3808 Rochester Rd, Royal Oak, MI 48073

    Estimated value: by Request
    3,634 sqft
    View details
    1196 Washington Ave
    Multifamily properties

    1196 Washington Ave, Royal Oak, MI 48067

    Estimated value: by Request
    400 sqft
    View details
    1002 Washington Ave
    Multifamily properties

    1002 Washington Ave, Royal Oak, MI 48067

    Estimated value: by Request
    2,087 sqft
    View details

    Royal Oak, MI Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Royal Oak, MI on our real estate platform. These investment opportunities span a total of 24,252 square feet of properties for sale, with an estimated market value of $4,435,000.

    Sale prices for apartment complexes in Royal Oak, MI start at $1,300,000, averaging $2,217,500, and reaching up to $3,135,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 58K
    Population Growth (5Y) -2.0%
    Median Household Income $95,277
    College Educated 58.7%

    High-Yield Neighborhoods for Investment

    Identify Royal Oak submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48073 $3.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.87%
    Property Tax per SF $28.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Royal Oak fall within the 25,000 to 50,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Royal Oak, MI

    • 48073

    Featured Royal Oak Real Estate Agencies

    Realmo connects you with licensed Royal Oak CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Royal Oak
    423 South Washington Ave Royal Oak, MI 48067
    Phone: (248) 288-3500
    Ralph Conselyea Realtor
    1729 Crooks Rd Royal Oak, MI
    Phone: (248) 399-6400
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