$525,000

21516 Oxford Ave Farmington Hills, MI 48336

Estimated payment $3,077/month

Total Views 5,371
6 Beds
3 Baths
2,352 Sq Ft
$223 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Patio
  • Laundry Facilities
  • Porch
  • Forced Air Heating and Cooling System

About This Home

RARE MULTI-FAMILY INVESTMENT IN THE HEART OF FARMINGTON HILLS. Discover a unique and versatile 3-unit property that blends classic 1940s charm with today’s modern comforts. Situated in a prime Farmington Hills location near downtown, Beaumont Hospital, and major expressways (M-5 & I-696), this fully functional multi-family home is ideal for investors or savvy house hackers.
The property consists of two spacious 3-bedroom flats—one upper, one lower—plus a cozy basement studio apartment. Original hardwood floors, built-in bookcases, and a remote-controlled electric fireplace preserve the vintage warmth, while updated kitchens with stainless steel appliances, marble tile countertops, and central HVAC bring in the modern touches.
Enjoy a large shared yard, convenient basement laundry, and ample off-street parking. With water, heat, and yard maintenance currently included, this low-maintenance property is a smart addition to any portfolio—or a great way to offset your mortgage by living in one unit and renting out the rest. This is an exceptional opportunity in the Farmington School District—don’t miss it!

Listing Agent

Jolene Jacobs

Good Company License #6501393842 Listed on: 07/24/2025

Good Company

Co-Listing Agent

Emi Cross

Good Company License #6501464833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x107
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,352 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Storage
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutter Guard System
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2336253013

Community Details

Overview

  • 3 Units
  • J M Cox Estate Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1940
  • State Equalized Value: 164400.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Laundry Facility, Fire Alarm
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Common Storage Locker
  • Sq Ft Combined: 2352
  • Total Sq Ft: 2352
  • Sq Ft Total Bsmt: 1176

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Gutter Guard System, Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • MF Parking: On Street, Unassigned

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 20400.00

Schools

  • School District: Farmington

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 100X107
  • Parcel Number: 2336253013
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Heat, Water
  • Monthly Rental Income: 4700

Tax Info

  • Tax Amount Summer: 2597.0000
  • Tax Amount Winter: 758.0000
  • Total Tax: 3355.0000
  • Taxable Value: 64480.0000

Multi Family

  • Gross Scheduled Income: 47000.00
  • Number Of Units Total: 3
  • Number of Efficiency Units: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Farmington

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 $2,597 $164,400 $18,560 $145,840
2022 $2,487 $142,750 $11,620 $131,130
2021 $2,998 $121,050 $11,620 $109,430
2020 $2,319 $110,130 $11,620 $98,510
2018 $2,875 $98,480 $0 $0
2015 -- $66,470 $0 $0
2014 -- $59,640 $0 $0
2011 -- $66,590 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $525,000 -- $223 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Divorce Dissolution Of Marriage Transfer -- Crossroads Title Agency
Interfamily Deed Transfer -- Accommodation
Deed -- --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,585 VA
Closed $206,623 VA
Closed $206,000 VA
Previous Owner $112,615 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20251020164

Realcomp

APN: 23-36-253-013