Short Term Rental

Royal Oak, MI Short Term Rental Properties for Sale

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Madison Heights, MI Huntington Woods, MI Berkley, MI
Royal Oak Mixed-Use Opportunity
Updated: Apr 24
Royal Oak Mixed-Use Opportunity

520 E 11 Mile Rd, Royal Oak, MI 48067

$499,000
Prime Royal Oak location, walk to Downtown Royal Oak & Farmers Market.
Two separate buildings on one parcel with approximately 10 private parking spaces.
Commercially zoned for diverse uses (buyer to verify with City of Royal Oak).
Rear building being prepared for Airbnb use, offering income potential.
Front building features updated office space with granite counter, bathroom, newer rubber roof (2022), and boiler (2023).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Royal Oak, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tri-Unit Live-Work Property
Tri-Unit Live-Work Property

695 Livernois Street, Ferndale, MI 48220

$749,900
3,186 sqft · 0.10 AC lot

Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.

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Brick Tudor Two-Family Residence
Brick Tudor Two-Family Residence

17566 Stoepel Street, Detroit, MI 48221

$249,900
2,978 sqft · 0.11 AC lot

Updated two-unit brick Tudor with central air, in-unit laundry, and multiple balconies, plus a large basement for expansion.

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Detroit Multi-Family Flat Opportunity
Detroit Multi-Family Flat Opportunity

16796 Greenlawn Street, Detroit, MI 48221

$279,500
0.12 AC lot

Updated multi-family property in Detroit's Fitzgerald/Marygrove district.

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Remodeled Multifamily Tudor in Detroit
Remodeled Multifamily Tudor in Detroit

2319 KENDALL St, Detroit, MI 48238

$135,000
0.09 AC lot

Move-in ready, remodeled multifamily Tudor. Ideal investment or owner-occupancy.

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Royal Oak, MI Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Royal Oak, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $515,000.

Sale prices for short term rental properties in Royal Oak, MI start at $515,000, averaging $515,000, and reaching up to $515,000 — 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

Duplexes 17
Apartment buildings 3
Quadplexes 1
Short term rental properties 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 $515K

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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