3915 Devon, Royal Oak, MI 48073

Building Details

Year Built

1953

Listing agent Brady Williams Show Phone

Listing office b***@greaterdevelopment.net Show Phone

Listing date Apr 21, 2026

Source Elliman

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 Brady Williams

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Overview

Devon Street Apartments is a fully stabilized, 14-unit apartment building located in Royal Oak, Michigan. The property features 14 units: 10 one-bedroom, one-bath units (3 of which are lofts), 3 two-bedroom, one-bath units, and 1 three-bedroom, one-bath unit. The property includes 28 off-street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $17,900. Over the last few years, the Devon Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. The property has a bike score of 65, indicating it is bikeable, and a walk score of 63, indicating it is somewhat walkable. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Devon Street Apartments offers a combination of stability and upside potential in a prime location.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Royal Oak

County

Oakland

State

Michigan

Longitude

-83.167364

Latitude

42.5236905

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FAQs

What type of property is this?

Apartment building - Fully occupied, renovated 14-unit apartment building in Royal Oak, Michigan.

Where is this apartment building located?

The property is located at 3915 Devon Royal Oak, MI.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: 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.**