Explore Similar Apartments Within 2 Miles of Rochester Hills, MI
$450,000
34 Cross St, Auburn Hills, MI 48326
Turnkey 3-Unit Multifamily Just Steps from Downtown Auburn Hills!Don’t miss this fully renovated 3-unit investment property located just a few blocks from the heart of downtown Auburn Hills! Situated on an expansive 0.6-acre lot near the river, this 2,400 sq ft building offers a rare combination of location, updates, and rental potential.The property includes two spacious
Parker McInnis Oak and Stone Real Estate
Explore Rochester Hills
$439,900
141 Ferndale Ave, Rochester, MI 48307
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side updated ranch duplex is a fantastic income-generating opportunity through Airbnb.Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates $3,800 per month in gross income
Derrick Kajbo Brookstone, Realtors LLC
Rochester Hills combines natural beauty with cultural attractions, exemplified by the historic Yates Cider Mill and the stunning Meadow Brook Hall mansion at Oakland University. The city's extensive trail network includes the Paint Creek Trail and Innovation Hills Park, which features modern play structures alongside scenic walking paths. The Village of Rochester Hills provides an outdoor shopping destination with pedestrian-friendly streets, while Meadow Brook Amphitheatre hosts summer concerts under the stars.
The housing market in Rochester Hills spans diverse price points across its established neighborhoods. The median sale price for homes sits at $435,000. Shadow Woods commands the highest median single family home prices at $553,000, followed by University Hills at $500,000. More moderate options exist in North Hill, where the median single family home price is $435,000, and Brooklands Park at $281,000. Condominiums present additional options, with median prices of $374,900 for one bedroom units and $275,000 for two bedrooms.
Property taxes in Rochester Hills align with Oakland County's effective rate of 1.32%, comparable to neighboring Troy and Auburn Hills but lower than Sterling Heights' 1.42%. The Michigan state income tax rate stands at 4.25%, with a 6% sales tax.
The city's educational landscape includes highly rated public schools like Rochester Adams High School, which earned an A+ rating from Niche. Private options include Auburn Hills Christian School and Eagle Creek Academy, both rated A. Oakland University adds higher education opportunities within city limits. Commuters benefit from easy access to I-75 and M-59, with Detroit approximately 30 to 40 minutes away. The SMART bus system connects residents to the greater Detroit metro area.
On average, homes in Rochester Hills, MI sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in Rochester Hills, MI over the last 12 months is $454,900, up 4% from the median home sale price over the previous 12 months.
In Rochester Hills, buyers often seek quiet neighborhoods, proximity to nature, and traditional Midwestern layouts.
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