$425,000

1722 W Farnum Ave Royal Oak, MI 48067

Estimated payment $2,675/month

Total Views 35,526
4 Beds
2 Baths
1,750 Sq Ft
$243 Price per Sq Ft

About This Home

Amazing 2 unit multifamily walkable to downtown Royal Oak. Two 2 Bed 1 Bath units are fully occupied. Perfect location for an investor looking to add to their portfolio or any owner occupancy looking to house hack.

Listing Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 06/06/2025

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 118

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,750 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 2516302011

Community Details

Overview

  • 2 Units
  • Maple Grove Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,936

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 130250.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1750
  • Total Sq Ft: 1750
  • Sq Ft Total Bsmt: 886

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Oil
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Royal Oak

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 45 x 118
  • Parcel Number: 2516302011
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 3320.0000
  • Tax Amount Winter: 616.0000
  • Total Tax: 3936.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Royal Oak

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,609 $144,660 $0 $0
2022 $3,936 $130,250 $0 $0
2020 $3,481 $114,650 $0 $0
2018 $3,936 $100,540 $0 $0
2017 $3,575 $100,540 $0 $0
2015 -- $90,570 $0 $0
2014 -- $77,900 $0 $0
2011 -- $76,380 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $425,000 -- $243 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title Connect Llc
Quit Claim Deed -- The Title Company Of Michiga
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,983 New Conventional
Previous Owner $178,000 Unknown
Source: Public Records

About the Listing Agent

Jim Shaffer

Good Company

(248) 587-8841

Section Image

Jim has been a real estate professional in the Oakland County market since 1999. Combining an innovative and technology driven approach to our evolving market Jim has become the number one agent on the Woodward Corridor. Through community involvement and volunteering he has developed a connection to the Woodward Corridor communities, our schools, businesses and people. Jim prides himself on personal service catered to every client, buyer and seller alike. Taking time to listen to each client,

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Source: Realcomp

MLS Number: 20251006030

Realcomp

APN: 25-16-302-011