Updated 3-Unit Craftsman
For Sale
$389,900
307 S Laurel Street, Royal Oak, MI 48067
Three separately entered units include two-bedroom layouts, a studio, private laundry features, and rear parking.
Property SizeContact for details
Days on Market13
Property Features for 307 S Laurel Street
General Information
Standard status
Active
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR, 1 x studio
Multifamily Units
3
Amenities
private entrances
washer/dryer
covered front porch
rear parking
street parking
split heating/cooling system
Building Details
Buildings
1
Construction
Craftsman-style
Listing Agency:
Real Estate One-Clinton Twp
(586) 783-7888
Listed By:
Jennifer Arnold · License #6501371242
(586) 228-1000
Source:
Charterpropertiesgr
Added: Sep 1
Changed: Sep 9
Last Checked: Sep 13 at 11:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One-Clinton Twp
Investment Insights
Based on property information with market context.
Built in 1917, this Craftsman-style triplex contains three independent residences, each with a private entrance. The main-floor apartment offers two bedrooms, hardwood floors, an eat-in kitchen, washer and dryer hookups, and an updated bathroom. The second-floor unit also has two bedrooms, deep closets, an eat-in kitchen, stackable laundry, and a refreshed bathroom. A lower-level studio includes an open kitchen and living area, full bathroom, and dedicated washer and dryer. A split heating and cooling system serves the studio.
Recent property improvements include two new furnaces and air-conditioning systems serving the first- and second-floor units, as well as new electrical panels. Exterior features include a covered front porch, rear parking, and additional street parking. The property is located at 307 S Laurel St in Royal Oak, within blocks of downtown and near shopping, restaurants, entertainment, and major commuter routes. Walk Score is 62 and bikeScore is 48.
Recent property improvements include two new furnaces and air-conditioning systems serving the first- and second-floor units, as well as new electrical panels. Exterior features include a covered front porch, rear parking, and additional street parking. The property is located at 307 S Laurel St in Royal Oak, within blocks of downtown and near shopping, restaurants, entertainment, and major commuter routes. Walk Score is 62 and bikeScore is 48.
Key Highlights
- Three units: two two‑bedroom apartments and one lower‑level studio
- Two new furnaces and A/C systems serve the first- and second‑floor units
- New electrical panels installed
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,836
Businesses Nearby
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Business Placement
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately entered units include two-bedroom layouts, a studio, private laundry features, and rear parking.
Where is this triplex located?
The property is located at 307 S Laurel Street Royal Oak, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Three units: two two‑bedroom apartments and one lower‑level studio; Two new furnaces and A/C systems serve the first- and second‑floor units; New electrical panels installed
