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Tenant-Occupied Upper/Lower Duplex
For Sale
$525,000

907 East 5th Street, Royal Oak, MI 48067

Updated interiors include kitchens, bathrooms, hardwood floors, and stainless steel appliances.

Property Size912 SF
Price / SF$575.66
Days on Market271

Property Features for 907 East 5th Street

General Information

Standard status Active
Size 912 SF
Property subtype Residential Income / Multi Family
Zoning Residential
Net Operating Income $37,000

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,048

Amenities

private laundry
dedicated storage
Central
Forced Air, Natural Gas
true
Yes
Sidewalks

Building Details

Year Built 1926
Buildings 1
Listing Agency: Elementary Homes, LLC.
Listed By: Michael Nawrocki · License #6502397283
Source: Compass
Added: Jan 28 Changed: Oct 21 Last Checked: Oct 24 at 8:30PM

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 Elementary Homes, LLC.

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Investment Insights

Based on property information with market context.

Built in 1926, this upper-and-lower duplex is occupied by tenants and includes improvements to both kitchens and bathrooms. Hardwood flooring and stainless steel appliances are provided throughout the units. Each residence has private laundry facilities and assigned storage, supporting functional day-to-day living arrangements.

The property is located at 907 E Fifth St in Royal Oak, Michigan, minutes from downtown. Walk Score is 85 and Bike Score is 69. Property access is restricted until an offer has been accepted, and tenants are not to be disturbed.

Key Highlights

  • Upper‑and‑lower duplex configuration
  • Tenant‑occupied property built in 1926
  • Updated kitchens and bathrooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,055
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated interiors include kitchens, bathrooms, hardwood floors, and stainless steel appliances.
Where is this duplex located?
The property is located at 907 East 5th Street Royal Oak, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Upper‑and‑lower duplex configuration; Tenant‑occupied property built in 1926; Updated kitchens and bathrooms
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