Property summary
This well-maintained, 3-unit brick apartment building in Royal Oak, Michigan, presents a compelling investment opportunity. Built in 1985 and renovated in 2019, the property boasts a total of 3,634 square feet across two stories. Each unit features its own private entrance, a full basement, and separate utilities, offering tenants maximum privacy and convenience. Shared carport parking is also available. The property is currently 100% occupied, with leases in place that can be assumed by the… new owner, ensuring immediate cash flow. The individual units could easily be converted into condos, providing additional flexibility and potential for future development. Located at 3808 Rochester Rd, Royal Oak, MI 48073 (APN 25-03-332-017), this property offers a strong return on investment in a desirable location. The asking price is $860,000, translating to $236.65 per square foot. This turnkey investment is ready for a new owner to step in and enjoy the benefits of immediate income and long-term appreciation potential. The property's solid construction and recent renovations ensure minimal maintenance needs, maximizing profitability. The building's layout and features make it an attractive option for a variety of tenants. This is a rare opportunity to acquire a well-established multifamily property in a thriving Michigan market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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