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    Royal Oak, MI Apartment Buildings for Sale

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    Madison Heights, MI Huntington Woods, MI Berkley, MI
    Royal Oak Stabilized Apartment Building
    $2,600,000
    Royal Oak Stabilized Apartment Building

    3915 Devon, Royal Oak, MI 48073

    Fully occupied, renovated 14-unit apartment building in Royal Oak, Michigan.
    • Fully stabilized 14‑unit apartment building in desirable Royal Oak, Michigan.
    • 100% occupied, generating over $17,900 gross monthly income.
    • Extensive renovations to all units including upgraded kitchens, bathrooms, flooring, and modern fixtures.
    • 28 off‑street dedicated parking spaces for tenants.
    • Mix of unit types: 10 one bed/one bath (3 Loft), 3 two bed/one bath, and 1 three bed/one bath.
    Updated: Apr 21
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    Royal Oak Multifamily Investment Property
    $1,070,000
    Royal Oak Multifamily Investment Property

    2129 Normandy Rd, Royal Oak, MI 48073

    Fully stabilized 6-unit apartment building in Royal Oak, Michigan.
    • Fully renovated units featuring upgraded kitchens, bathrooms, flooring, and modern fixtures.
    • 100% occupied, generating over $7,500 in gross monthly income.
    • Located in the desirable community of Royal Oak, Michigan, close to Royal Oak and Birmingham.
    • Six units: five 1‑bed/1‑bath and one 2‑bed/1‑bath.
    • Six off‑street dedicated parking spaces for tenants.
    Updated: Apr 21
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    Investment
    $1,240,000
    Investment

    Apartment buildings

    2419 Normandy Rd, Royal Oak, MI 48073

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Birmingham Multifamily Investment Opportunity
    $2,350,000
    8,642 SF
    Birmingham Multifamily Investment Opportunity

    Fully occupied 8-unit apartment building in downtown Birmingham.

    575 E Lincoln Street, Birmingham, MI 48009

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    Eight-Unit Apartment Building in Birmingham
    $2,350,000
    0.40 Acres
    Eight-Unit Apartment Building in Birmingham

    Fully occupied apartment building with redevelopment potential in downtown Birmingham.

    575 E Lincoln St, Birmingham, MI 48009

    View details
    Renovated Detroit Multifamily Near University
    $345,000
    Renovated Detroit Multifamily Near University

    Fully renovated and rented multifamily property near Detroit Mercy University.

    16917 MONICA St, Detroit, MI 48221

    View details
    Mixed-Use Redevelopment Opportunity
    $735,000
    20,000 SF
    Mixed-Use Redevelopment Opportunity

    Mixed-use redevelopment in Detroit's Live6 corridor, across from University.

    16921 Livernois, Detroit, MI 48221

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    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
    3,634 SF
    Value Estimation by Request

    3808 Rochester Rd, Royal Oak, MI 48073

    View details
    1196 Washington Ave
    Multifamily properties
    400 SF
    Value Estimation by Request

    1196 Washington Ave, Royal Oak, MI 48067

    View details
    1002 Washington Ave
    Multifamily properties
    2,087 SF
    Value Estimation by Request

    1002 Washington Ave, Royal Oak, MI 48067

    View details

    Royal Oak, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 6 apartment buildings for sale in Royal Oak, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,910,000.

    Sale prices for two-family homes in Royal Oak, MI start at $1,070,000, averaging $1,636,666, and reaching up to $2,600,000 — 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 $1.6M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Residential Income

    Property Size Breakdown

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

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