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    Royal Oak, MI
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    Royal Oak, MI Residential Income Properties for Sale

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    Brick Duplex with Three-Car Garage
    Updated: May 22
    Brick Duplex with Three-Car Garage

    3409 Devon Road, Royal Oak, MI 48073

    $449,900
    2,468 sqft 0.26 AC lot
    Brick duplex built in 1937 on a deep 206' lot with backyard access via rear entrance
    Separate heating and central air for each unit, plus electric systems for each unit
    Upper unit: updated kitchen with breakfast nook, living room, 2 bedrooms, 1 bathroom, and in‑unit stack washer/dryer
    Lower unit: renovated kitchen with spacious living room, formal dining room, 2 bedrooms, and 2 bathrooms
    Finished basement includes a third kitchen and full bath, with potential to convert to a triplex
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    This listing looks promising.

    Here's a quick look at some key insights for

    3409 Devon Road, Royal Oak, MI 48073

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $33K
      Annual

    • Price @ 7% Cap

      $467K
      Above asking

    • Property Type

      Single Family Residence
      Built 1937
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    Ranch-Style Triplex with Central Air
    Updated: Jul 28
    Ranch-Style Triplex with Central Air

    219 W 12 Mile Road, Royal Oak, MI 48073

    $499,900
    1,950 sqft 0.16 AC lot
    Fully leased 3‑unit ranch‑style triplex with steady tenant occupancy.
    Rental income of $3,900/month: Unit A $900 (lease through Apr 2027), Unit B $1,500 (lease through Oct 2026), Unit C $1,500 (lease through Jul 2027).
    Brick construction, ranch architecture, built in 1957.
    Central air plus forced‑air heating; two updated units include in‑unit washer and dryer and dishwashers.
    Recent updates include newer furnaces on the updated units; Unit C has a newer water heater and a dishwasher.
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    Renovated Duplex with Enclosed Porch
    Renovated Duplex with Enclosed Porch

    306 N Kenwood Avenue, Royal Oak, MI 48067

    $320,000
    1,396 sqft 0.14 AC lot

    Two-unit duplex with updated kitchens and baths, enclosed front porch, shared basement storage, and detached two-car garage.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    1641-1643 Fairview Ave, Royal Oak, MI 48073

    $444,900
    1,800 sqft

    Fully occupied duplex with separate meters and mechanical systems, updated kitchens and bathrooms, and finished basements in each unit.

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    Tenant-Occupied Tudor Duplex
    Tenant-Occupied Tudor Duplex

    925 E 2nd Street, Royal Oak, MI 48067

    $459,000
    1,868 sqft 0.15 AC lot

    Two leased 2-bedroom units in a 1930s Tudor duplex with updated interiors and a large private backyard.

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    Remodeled Duplex Investment Property
    Remodeled Duplex Investment Property

    2009 W 14 Mile Road, Royal Oak, MI 48073

    $414,900
    2,027 sqft 0.24 AC lot

    Duplex offers two remodeled units, each with two bedrooms and one full bathroom, plus rear fenced parking.

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    Royal Oak Duplex Investment
    Royal Oak Duplex Investment

    907 E Fifth Street, Royal Oak, MI 48067

    $525,000
    0.12 AC lot

    Tenant-occupied duplex near downtown Royal Oak with updated features.

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    Royal Oak Mixed-Use Property
    Royal Oak Mixed-Use Property

    902 S Washington Ave, Royal Oak, MI 48067

    $429,000
    0.14 AC lot

    Mixed-use property near downtown Royal Oak with development potential.

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    All-Brick Two-Unit Duplex
    All-Brick Two-Unit Duplex

    928 Maplegrove Avenue, Royal Oak, MI 48067

    $390,000
    0.14 AC lot

    All-brick upper/lower duplex with separate utilities, two units, full basement, and an oversized two-story garage.

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    Tudor Duplex with Full Basement
    Tudor Duplex with Full Basement

    933 Maplegrove Avenue, Royal Oak, MI 48067

    $329,000
    0.14 AC lot

    Two-unit Tudor-style home offers separate heating/electrical systems, hardwood floors, and a full basement plus 2-car garage.

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    Updated Turnkey Multifamily Property
    Updated Turnkey Multifamily Property

    2041 N Main St, Royal Oak, MI 48073

    $1,550,000

    Meticulously maintained multifamily with individually metered utilities, newer roofs, energy-efficient windows, and a basement with separate exterior entry.

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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    1812 N Center St, Royal Oak, MI 48073

    $399,900

    Side-by-side duplex with two 3-bedroom units, each featuring private patio and in-unit appliances.

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    Two-Unit Bungalow Income Property
    Two-Unit Bungalow Income Property

    335 Midland Blvd, Royal Oak, MI 48073

    $350,000

    Fully occupied duplex with two 2-bedroom, 1-bath units, updated kitchens, and newer HVAC components.

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    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    4401 Crooks Rd, Royal Oak, MI 48073

    $1,574,000

    Fully occupied 8-unit apartment building with off-street tenant parking and updated interiors throughout.

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    Tudor-Style Two-Family Home
    Tudor-Style Two-Family Home

    933 Maplegrove Ave, Royal Oak, MI 48067

    $329,000

    Tudor-style two-family residence with separate furnaces, full basement, and a 2-car garage.

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    Brick Duplex with Three-Car Garage
    Brick Duplex with Three-Car Garage

    3409 Devon Rd, Royal Oak, MI 48073

    $449,900

    Updated duplex on a deep lot with separate utilities, two independent units, and a finished basement with rear access.

    View details
    Renovated Duplex with Detached Garage
    Renovated Duplex with Detached Garage

    306 N Kenwood Ave, Royal Oak, MI 48067

    $320,000

    Each unit offers 2 bedrooms and 1 full bath, plus an enclosed front porch, shared basement storage, and a detached 2-car garage.

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    Royal Oak Duplex Investment Opportunity
    Royal Oak Duplex Investment Opportunity

    2009 W 14 Mile Rd, Royal Oak, MI 48073

    $494,900

    Well-maintained duplex in Royal Oak, ideal for investors.

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    Tudor Duplex on Corner Lot
    Tudor Duplex on Corner Lot

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

    $479,900

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Royal Oak, MI, we suggest to view alternatives - similar 3 Off-Market properties to explore as potential leads.

    Off-Market Properties in Royal Oak, MI

    Consider similar Off-Market properties in Royal Oak, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3808 Rochester Rd
    Multifamily properties

    3808 Rochester Rd, Royal Oak, MI 48073

    Value Estimation by Request
    3,634 sqft
    View details
    1196 Washington Ave
    Multifamily properties

    1196 Washington Ave, Royal Oak, MI 48067

    Value Estimation by Request
    400 sqft
    View details
    1002 Washington Ave
    Multifamily properties

    1002 Washington Ave, Royal Oak, MI 48067

    Value Estimation by Request
    2,087 sqft
    View details

    Royal Oak, MI Residential Income Properties Market Trends and Statistics

    Explore 22 residential income properties for sale in Royal Oak, MI, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 11,509 square feet of properties for sale, with an estimated market value of $10,209,200.

    Sale prices for residential income properties in Royal Oak, MI start at $320,000, averaging $537,326, and reaching up to $1,574,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 18
    Duplexes 15
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 58K
    Population Growth (5Y) -2.0%
    Median Household Income $95,277
    College Educated 58.7%

    High-Yield Neighborhoods for Investment

    Identify Royal Oak submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48067 $501.7K
    48073 $802.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.87%
    Property Tax per SF $28.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Royal Oak fall within the 25,000 to 50,000 square foot range.

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    • 48073

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