307 S Laurel Street, Royal Oak, MI 48067
Local realty services provided by:ERA Prime Real Estate Group
307 S Laurel Street,Royaloak, MI 48067
$389,900
- - Beds
- 3 Baths
- 2,111 sq. ft.
- Multi-family
- Active
Listed by: jennifer arnold
Office: real estate one-clinton twp
MLS#:20261064729
Source:MI_REALCOMP
Price summary
- Price:$389,900
- Price per sq. ft.:$184.7
About this home
Charming 3 Unit Income Producing Multifamily in the Heart of Royal Oak! Discover a fantastic investment opportunity just blocks from downtown Royal Oak! This charming Craftsman-style multi family home offers timeless character, generous living space, & excellent income-producing potential w/ 3 separate units, each featuring its own private entrance & appliances. The main-floor unit welcomes you w/ a spacious, light-filled living area showcasing beautiful hardwood floors & abundant natural light. The kitchen features ceramic flooring, ample cabinetry & counter space, a convenient eat-in area. The main level has washer/dryer hookup. Two generously sized bedrooms provide plenty of closet space, while the updated bathroom features a new vanity, toilet, fixtures, & refreshed shower tile. The second-floor unit offers 2 bedrooms w/ deep closets & additional storage, along with a comfortable kitchen featuring an eat-in area & a stackable washer/dryer. The updated bathroom includes a new vanity, flooring, & refreshed shower area.The lower-level unit is a cozy studio with an open-concept kitchen and living area, a full bathroom with stand-up shower, and its own washer and dryer. A split heating/cooling system (2022) provides added comfort.Recent improvements include two new furnaces & A/C (2017) serving the first & second-floor units, along w/new electrical panels, offering added peace of mind for the next owner. Outside, enjoy a classic covered front porch, a quiet residential setting, private entrances for all three units, rear parking, and additional street parking. With its desirable location near downtown Royal Oak, shopping, restaurants, entertainment, and major commuter routes, this property offers an excellent opportunity for an investor seeking multiple income streams or an owner-occupant looking to offset their mortgage w/ rental income. Three units all seperate meters. Multiple income opportunities. Prime Royal Oak location!!...
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Home facts
- Year built:1917
- Subdivision & Development:MEADOW PARK ADD
- Listing ID #:20261064729
- Added:5 day(s) ago
- Updated:September 06, 2026 at 10:02 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Finished
- Living area:2,111 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1917
- Building area:2,111 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Bungalow, Craftsman
- Construction Materials:Wood Siding
- Exterior Features:Porch
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$389,900
- Price per sq. ft.:$184.7
- Tax amount:$5,525
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