$2,800 per month

1507 E 5th St Royal Oak, MI 48067

3 Beds
2 Baths
1,432 Sq Ft
4,792 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Deck
  • 1 Car Detached Garage
  • Royal Oak High School Rated A-
  • No HOA
  • 5-minute walk to VFW Park

About This Home

LOCATION + LIFESTYLE in the heart of Royal Oak! Experience the best of downtown living with the rare combination of walkability and tranquility. Tucked away on a quiet block just steps from Royal Oak’s vibrant dining, shopping, nightlife, parks, and year-round events, this charming and updated single-family home offers both energy and ease. This inviting colonial features 3 bedrooms and 2 full above-grade bathrooms, including a versatile main-level bedroom ideal for a home office, den, or flex space, along with a main-floor full bath and coveted first-floor laundry. Upstairs, two generously sized bedrooms share a second full bath, creating a comfortable and functional layout. The renovated kitchen showcases granite countertops, maple cabinetry, hardwood floors, and a dine-in area, with direct access to a spacious rear deck—perfect for entertaining, grilling, or unwinding after a night downtown. Plush carpeting throughout the living areas adds warmth and comfort. Additional highlights include a 1-car garage and a clean, dry basement for extra storage. With modern updates, thoughtful design, and an unbeatable walk-to-everything location, this home delivers the ideal blend of downtown Royal Oak lifestyle and everyday comfort—an exceptional lease opportunity.

Listing Agent

Alexandra Lannen

DOBI Real Estate License #6502411775 Listed on: 01/15/2026

DOBI Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x105
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,432 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Walk-Up Access

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $4,200
  • 12 Month Lease Term
  • Application Fee: 60.00
  • Assessor Parcel Number 2522237013

Community Details

Overview

  • No Home Owners Association
  • Fourth Ave Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

4,792 Sq Ft Lot

Rental Info

  • Application Fee: 60.00
  • Lease Type: Single Family House
  • Security Deposit: 4200.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 25454.5400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 1432

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 45X105
  • Parcel Number: 2522237013

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Royal Oak

Map

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2026 01/15/26 For Rent $2,800 0.0% --
03/16/2022 03/16/22 Sold $335,000 +4.7% $234 / Sq Ft View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $319,900 +36.1% $223 / Sq Ft
02/03/2017 02/03/17 Sold $235,000 -6.0% $164 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $250,000 +51.5% $175 / Sq Ft
10/24/2012 10/24/12 Sold $165,000 +0.1% $115 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $164,900 -- $115 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20261003276

Realcomp

APN: 25-22-237-013

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