Apartment Building

Royal Oak, MI Apartment Buildings for Sale

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Huntington Woods, MI Ferndale, MI Madison Heights, MI Pleasant Ridge, MI Berkley, MI Hazel Park, MI Clawson, MI Warren, MI
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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See what stands out in Oakland County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 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.

16-Unit Brick Apartment Building
16-Unit Brick Apartment Building

19131 Lahser Road, Detroit, MI 48219

$900,000
15,106 sqft 0.35 AC lot

Two-story residential property with 12 occupied units and public water service.

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16-Unit Apartment Building
16-Unit Apartment Building

19131 Lahser Rd, Detroit, MI 48219

$900,000
15,106 sqft

Sixteen-unit building with most units occupied, offering income and leasing flexibility in a walkable, transit-accessible area.

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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.

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Southfield Apartment Building Portfolio
Southfield Apartment Building Portfolio

26717 Berg Rd, Southfield, MI 48033

Contact for pricing
280,000 sqft

Apartment building portfolio in Southfield's thriving rental market.

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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

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 4 apartment buildings for sale in Royal Oak, MI on our real estate platform. These investment opportunities span a total of 16,822 square feet of properties for sale, with an estimated market value of $3,135,000.

Sale prices for two-family homes in Royal Oak, MI average $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.

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