Updated Duplex Near
506 W 12 Mile, Royal Oak, MI 48073
Well-maintained duplex with updated kitchens, new roof, and separate utilities.
Type:Multifamily
Property size:
2,388 SFPrice / SF:
$196/SF- Added:
- Mar 4, 2026
- Days on Market:
- 78
- Last Refresh:
- Mar 16 at 2:14 pm
Property Features for 506 W 12 Mile
General Information
- Standard status
- Active
- Size
- 2,388 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing agent Suzanne OBrien License #6502340471
Listing office Max Broock REALTORS
Listing date Mar 4, 2026
Source Crexi
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 Max Broock REALTORS
HighLights
- Prime Royal Oak location near downtown amenities.
- Turn‑key duplex with two spacious units, each with 2 bedrooms and 1 bath.
- Major updates including new roof (2019 with lifetime warranty), newer energy‑efficient windows, and new concrete driveway.
- Separate utilities for each unit (furnaces, A/C, hot water heaters, washers/dryers).
- Strong rental appeal with projected lease income and history of consistent tenants.
- Two‑car garage with extra parking pad, fenced yard, and private basement storage.
Overview
This turn-key brick duplex is located near downtown Royal Oak. The multi-family property features two spacious units, each with 2 bedrooms and 1 full bath, generous living and dining areas. Both units have hardwood floors throughout and updated kitchens, and all appliances are included. The upper unit features newer neutral carpet and a private deck. The lower unit includes an enclosed Florida room. Major updates include a new roof installed in 2019 with a full tear-off and lifetime warranty, newer energy-efficient windows, and a new concrete driveway. The property offers separate utilities, including two furnaces, two central A/C units, two hot water heaters, and separate washers and dryers. Additional features include a two-car garage with an extra parking pad, a fenced yard, large private basement storage areas, and a security system. The property is suitable for owner-occupants or investors seeking a low-maintenance asset in a high-demand Royal Oak location close to downtown amenities. The property has a total size of 2388 square feet. It is currently vacant. The property was previously leased at $1,500 to the same tenants for the last 3 years, and the projected lease rate is $1,650 based on current market rents.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1499
- Latitude
- 42.50446
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with updated kitchens, new roof, and separate utilities.
Where is this duplex located?
The property is located at 506 W 12 Mile Royal Oak, MI.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Prime Royal Oak location near downtown amenities.; Turn‑key duplex with two spacious units, each with 2 bedrooms and 1 bath.; Major updates including new roof (2019 with lifetime warranty), newer energy‑efficient windows, and new concrete driveway.
