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Property profile & analytics
FOR SALE
Duplexes

1641-1643 Fairview Ave Royal Oak, MI 48073

Built 1960
Property ID
US43-Q013549
Property summary
AI-generated overview

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

Property profile
Verified
Property type Duplexes
Year built 1960
UPID US43-Q013549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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