1641-1643 Fairview Ave Royal Oak, MI 48073
Rare opportunity to acquire a fully occupied side-by-side duplex in one of Metro Detroit's most desirable rental markets. Located at 1641-1643 Fairview Ave in Royal Oak, this income-producing property offers immediate cash flow with separate meters and separate mechanical systems for each unit. Unit 1641 features 2 bedrooms, 1 full bath, and approximately 850 sq ft, while Unit 1643 offers 2 bedrooms, 2 full baths, and approximately 950 sq ft. Both units include finished basements, providing additional living, recreation, and storage space. Recent improvements include beautifully updated bathrooms with modern vanities and contemporary finishes, renovated kitchens with new cabinetry and appliances, and fresh paint throughout both units. Ideally situated just minutes from Downtown Royal Oak, Corewell Health William Beaumont University Hospital, Woodward Avenue, major freeways, shopping, dining, entertainment, and local parks, this property benefits from strong tenant demand and exceptional convenience. With no HOA and no rent control restrictions, this well-maintained duplex presents an excellent opportunity for investors seeking immediate income and long-term investment potential in a highly desirable Royal Oak location. bikeScore: 50, Bikeable walkScore: 57, Somewhat Walkable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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