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Two-Unit Bungalow Income Property
For Sale
$350,000
Pending

335 Midland Boulevard, Royal Oak, MI 48073

Fully occupied duplex with two 2-bedroom, 1-bath units, updated kitchens, and newer HVAC components.

Property SizeContact for details
Days on Market49

Property Features for 335 Midland Boulevard

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Vacant Land
Occupancy 100%

Additional Details

Multifamily Units 2

Amenities

full basement
large backyard
detached two-car garage

Building Details

Construction bungalow
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov, Rachelle Cherkasov · License #6502392741
Source: Premiermichiganhomesearch
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 9 at 10:48PM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

This fully occupied two-unit bungalow offers immediate rental income with two separate 2-bedroom, 1-bath units. Updates include newer kitchens in both units, and newer flooring in the upper unit. Recent improvements also include a new furnace installed in 2026, new washer/dryer units in 2025 and 2026, and air conditioning added in 2019.

The property includes a full basement, a detached two-car garage, and a large backyard. Walk and bike scores are reported as somewhat walkable and somewhat bikeable.

Each unit is set up as a separate residence within the bungalow layout, supporting straightforward day-to-day rental use while preserving the property’s established configuration.

Key Highlights

  • Fully occupied 2‑unit bungalow (duplex) with immediate rental income potential
  • Each unit features 2 bedrooms and 1 bath
  • Newer kitchens in both units, with updated flooring in the upper unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 48073, MI

33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with two 2-bedroom, 1-bath units, updated kitchens, and newer HVAC components.
Where is this duplex located?
The property is located at 335 Midland Boulevard Royal Oak, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully occupied 2‑unit bungalow (duplex) with immediate rental income potential; Each unit features 2 bedrooms and 1 bath; Newer kitchens in both units, with updated flooring in the upper unit
More about this property
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