219 W 12 Mile Road, Royal Oak, MI 48073
Local realty services provided by:ERA Prime Real Estate Group
219 W 12 Mile Road,Royaloak, MI 48073
$499,900
- - Beds
- 6 Baths
- 1,950 sq. ft.
- Multi-family
- Active
Listed by: hassan scheib, sonny bertoni
Office: own it realty
MLS#:20261056965
Source:MI_REALCOMP
Price summary
- Price:$499,900
- Price per sq. ft.:$256.36
About this home
Investment Opportunity – Fully Leased Ranch-Style Triplex in Prime Royal Oak Location...Excellent opportunity to own a well-maintained, income-producing three-unit ranch-style triplex in the heart of Royal Oak. This property is fully occupied with stable tenants and generates $3,900 per month in rental income, offering immediate cash flow with upside potential through future rent increases...The property features two beautifully updated units with central air conditioning, in-unit washer and dryer, dishwashers, and newer furnaces, providing modern conveniences that attract and retain quality tenants. The third unit offers a functional layout with a dishwasher and newer water heater. Ranch-style living is highly desirable, with all units offering single-level convenience and low-maintenance living.
Current rental breakdown:
Unit A: $900/month (lease through April 2027)
Unit B: $1,500/month (lease through October 2026)
Unit C: $1,500/month (lease through July 2027)
Located just minutes from downtown Royal Oak, shopping, restaurants, parks, and major freeways, this property combines a strong location with reliable income. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey triplex is an outstanding opportunity in one of Metro Detroit's most desirable rental markets.
Start generating income from day one....
Contact an agent
Home facts
- Year built:1957
- Subdivision & Development:BECKS
- Listing ID #:20261056965
- Added:18 day(s) ago
- Updated:August 16, 2026 at 10:19 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:3
- Half bathrooms:3
- Living area:1,950 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1957
- Building area:1,950 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$256.36
- Tax amount:$8,071
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