2129 Normandy Rd Royal Oak, MI 48073
Estimated payment $6,560/month
Highlights
- Baseboard Heating
- Royal Oak High School Rated A-
- 2-minute walk to Elks Park
About This Home
The Woodland Apartments is a fully stabilized, 6-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 6 units. Of the 6 units 5 of them are one bed one bath, and 1 is two bed one bath. The property has 6 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $7,500. Over the last few years, the Kent Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Woodland Apartments offers a rare combination of stability and upside potential in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,641
Year Built
- Built in 1955
Parking
- 6 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
Additional Features
- Lot Dimensions are 87x145
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2505404023
Community Details
Overview
- 6 Units
- Starr Acres Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,154 | $197,340 | $0 | $0 |
| 2024 | $7,609 | $173,190 | $0 | $0 |
| 2022 | $8,298 | $153,710 | $0 | $0 |
| 2020 | $7,339 | $143,950 | $0 | $0 |
| 2018 | $8,298 | $120,780 | $0 | $0 |
| 2017 | $4,658 | $120,780 | $0 | $0 |
| 2015 | -- | $113,510 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $1,070,000 | 0.0% | $306 / Sq Ft |
| 06/01/2021 06/01/21 | Rented | $1,100 | 0.0% | -- |
| 04/29/2021 04/29/21 | For Rent | $1,100 | 0.0% | -- |
| 09/04/2018 09/04/18 | Rented | $1,100 | +4.8% | -- |
| 08/20/2018 08/20/18 | Under Contract | -- | -- | -- |
| 07/02/2018 07/02/18 | For Rent | $1,050 | -- | -- |
Source: Realcomp
MLS Number: 20261006660
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.