907 E Fifth St Royal Oak, MI 48067
Estimated payment $3,634/month
Highlights
- No HOA
- Laundry Room
- 1-minute walk to Grant Park
- Keller Elementary Rated A-
- Forced Air Heating and Cooling System
About This Home
Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $8,048
Year Built
- Built in 1926
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 49x105
Home Design
- Composition Roof
- Aluminum Siding
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Insurance Expense $1,500
- Maintenance Expense $500
- Operating Expense $2,000
- Gross Income $39,000
- Net Operating Income $37,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $550,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Interstate Title Inc | |
| Deed | $192,500 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $173,250 | No Value Available |
Source: MichRIC
MLS Number: 26013055
APN: 25-22-208-015
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Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.