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    Updated 3-Unit Craftsman Triplex
    Updated: Sep 1
    Updated 3-Unit Craftsman Triplex

    307 S Laurel Street, Royal Oak, MI 48067

    $389,900
    Three units: two two‑bedroom apartments and one lower‑level studio
    Two new furnaces and A/C systems serve the first- and second‑floor units
    New electrical panels installed
    Private entrance provided for each unit
    Rear parking plus additional street parking
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Mixed-Use Property with Private Entries
    Mixed-Use Property with Private Entries

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot

    Brick-and-vinyl construction with central air, forced-air heat, and mixed-use zoning supports a flexible commercial-residential configuration.

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    3-Unit Residential Building
    3-Unit Residential Building

    2681 Pasadena St, Wayne, MI 48238

    $297,500
    0.09 AC lot

    Built in 1927, the property offers a three-unit configuration in Detroit.

    View details
    Detroit Triplex Investment Opportunity
    Detroit Triplex Investment Opportunity

    3208 PASADENA Street, Detroit, MI 48238

    $134,900
    2,600 sqft

    Brick triplex with three bedrooms and one bathroom per unit.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    15786 Parkside St, Detroit, MI 48238

    $50,000

    Two 2-bedroom, 1-bath units plus a separate rear unit offer flexible living or rental income setups.

    View details

    Royal Oak, MI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Royal Oak, MI on our real estate platform.

    Sale prices for three-family homes in Royal Oak, MI average $389,900 — 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 19
    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 $399K

    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)

    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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