Pending

105 N Laurel Street

Royal Oak, Michigan 48067
Mark as Favorite
Bed 8

Bed

Bath 4.5

Bath

SqFt4,091

Sqft

Acres0.11

Acre(Lot)

Brand New - Low Maintenance - Fully Leased - Income Generating Multi-Family - Downtown Royal Oak. 105 N Laurel was built in 2024 with sound-proofing insulation to reduce road noise to almost zero. This has been a huge selling point for the tenants along with in-unit laundry, free parking, outdoor space, and proximity to downtown restaurants, bars, shopping, and hospitals. Each unit has identical finishes with white cabinetry, granite countertops, stainless steel appliances, outdoor space (patio or balcony depending on the unit), and storage space (room or walk-in closet depending on the unit). There are four units, each about 1,000 sqft with two bedrooms, one full bathroom, one half bathroom, in-unit laundry, separately metered electricity and gas, furnace, water heater, central air, and t wo assigned parking spaces. The building includes a parking lot in the back with eight parking spaces. Each unit comes with a refrigerator, electric range, dishwasher, microwave, washer, and dryer. All tenants are current on rent. Three units are leased into 2027 and one to the end of this year. Showings are only available upon accepted offer. Unit B is showed in the listing photos. Additional photos and information are available upon request.

Read More Expand

Detail Ic Property Details

Property Type : Multifamily

Price : $1,400,000

AD Id : 79702136

MLS Id : 20261039854

Beds : 8

Lot Size : 0.11 Acre

Living Area Size : 4,091

Year Built : 2023

Garage : Assigned,Paved

County : Oakland

Subdivision: Edgewood Park-royal Oak

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 4.5 Full Baths: 4 Half Baths: 4
  • Room Information

    Porches: Balcony,Patio,Patio - Covered,Covered

    Interior Features

    Laundry Facility
  • Heating & Cooling

    Cooling: Ceiling Fan(s),Central Air Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 2023 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Slab Architecture: Quadruplex,Upper/Lower Apartment
  • Exterior Features

    Lighting,Private Entry Construction: Brick,Other
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.11 Lot Dimensions: 40X120
  • Property Information

    SQ ft: 4091 Subdivision: Edgewood Park-Royal Oak Financing: Cash,Conventional,Trade/Exchange

  • Listing Price Information

    Original List Price: $1,400,000
  • Listing Information

    Possession: At Close Legal Description: T1N, R11E, SEC 16 EDGEWOOD PARK SUB LOTS 167 & 168

  • Tax Information

    Annual Tax: $19,042 Parcel Number: 2516465021
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: T1N, R11E, SEC 16 EDGEWOOD PARK SUB LOTS 167 & 168

  • Unit 2 Information

    # of Bedrooms: 4

  • School Information

    School District: Royal Oak
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
Sell a home like this and save $83,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
903 E 3rd Street E E, Royal Oak, MI, 48067 $479,900 4 2 1,830 1,830 SqFt
909 Knowles Street , Royal Oak, MI, 48067 $409,900 3 3 1,551 1,551 SqFt
907 E Fifth Street , Royal Oak, MI, 48067 $525,000 5 -- --
925 E 2nd Street , Royal Oak, MI, 48067 $459,000 -- 2 1,868 1,868 SqFt
417 W Lincoln Avenue , Royal Oak, MI, 48067 $580,000 4 3 2,156 2,156 SqFt
1109 Catalpa Drive , Royal Oak, MI, 48067 $359,900 3 2 1,313 1,313 SqFt
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/22/2026 @ 05:44

MLS: 20261039854 LISTED BY: Austin Bateman , Max Broock, REALTORS-Royal Oak 248-548-9100 SOURCE: Realcomp II Ltd

Homes around $1,400,000

Selling? Save $83,501 when you sell a home like this

Tour with a ByOwner Agent