$525,000
$25K PRICE DROP

907 E Fifth St Royal Oak, MI 48067

Estimated payment $3,490/month

Total Views 6,798
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Michael Nawrocki

Elementary Homes, LLC. License #6502397283 Listed on: 04/01/2026

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,048

Year Built

Built in 1926

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1926
  • General Property Info:Basement: Yes
  • General Property Info: Association YN: No
  • Driveway:Driveway: Concrete
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: None
  • Extras:Extras: Sep Electric Meter, Sep Gas Meter, Sep Water Meter, Tenant Storage
  • Lot Description:Lot Description: Sidewalk
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDEzMDU1IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTIxVDE3OjM4OjQ0LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.e8-Yi20tGRjGD35GpqGNWOWQ8Lwe0qchdFJDDAYhzi8/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exclusions: None
  • List Price: 525000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, In Basement, Laundry Room
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 49x105
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 39000.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 500.0
  • Net Operating Income: 37000.0
  • Number of Units Total: 2
  • Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 8047.65
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,745 $186,480 $0 $0
2024 $6,561 $173,180 $0 $0
2022 $7,156 $158,690 $0 $0
2020 $6,329 $122,330 $0 $0
2018 $7,156 $103,640 $0 $0
2017 $3,396 $103,640 $0 $0
2015 -- $89,050 $0 $0
2014 -- $78,230 $0 $0
2011 -- $81,670 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/21/2026 04/21/26 Price Changed $525,000 -4.5% --
04/01/2026 04/01/26 For Sale $550,000 -- --
Source: MichRIC

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $325,000 Interstate Title Inc
Deed $192,500 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $173,250 No Value Available
Source: Public Records

Source: MichRIC

MLS Number: 26013055

MichRIC

APN: 25-22-208-015

Michigan Oakland County Royal Oak 48067

907 E Fifth St, Royal Oak, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

Nearby Homes
Michael Nawrocki
Listing Agent
Michael Nawrocki
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Elementary Homes, LLC.
(248) 206-8848
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