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Tudor Duplex on Corner Lot
For Sale
$479,900

903 E 3rd Street E, Royal Oak, MI 48067

Two 2-bedroom units with separate electric and central air, shared basement laundry, plus detached two-car garage.

Property SizeContact for details
Days on Market84

Property Features for 903 E 3rd Street E

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Auburn Hills Property Services LLC
Listed By: Brian J Sullivan
Source: Charterpropertiesgr
Added: Jun 22 Changed: Sep 8 Last Checked: Sep 12 at 6:59AM

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 Auburn Hills Property Services LLC

Investment Insights

Based on property information with market context.

This classic Tudor duplex offers two separate residential units, each with 2 bedrooms and 1 full bath, along with a formal dining room, living room, and kitchen. The floorplans are nearly identical, supporting flexibility for investors and future owner-occupants. The property includes separate electrical service and separate central air conditioning systems for each unit, vinyl windows, and a shared basement with dedicated laundry for each unit. A detached two-car garage completes the exterior improvements.

Located on a prominent corner lot, the property is described as about a 7-minute walk to Downtown Royal Oak’s Main Street district and is within a very walkable setting (Walk Score 85) with bikeability noted as well (Bike Score 69). The listing also notes that there are current month-to-month tenants in place.

Key Highlights

  • Classic Tudor duplex built in 1928 with two 2‑bedroom units, each with 1 full bath
  • Separate electrical service and separate central air conditioning systems for each unit
  • Shared basement with dedicated laundry for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Big Box & Wholesale Store Veterinary Clinic Garden 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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

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
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 - Two 2-bedroom units with separate electric and central air, shared basement laundry, plus detached two-car garage.
Where is this duplex located?
The property is located at 903 E 3rd Street E Royal Oak, MI.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Classic Tudor duplex built in 1928 with two 2‑bedroom units, each with 1 full bath; Separate electrical service and separate central air conditioning systems for each unit; Shared basement with dedicated laundry for each unit
More about this property
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