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219 W 12 Mile Road

Royal Oak, Michigan 48073
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Bed 3

Bed

Bath 3.5

Bath

SqFt1,950

Sqft

Acres0.16

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Multifamily

Price : $499,900

AD Id : 88518362

MLS Id : 20261056965

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,950

Year Built : 1957

County : Oakland

Subdivision: Norwayne Sub 9

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Feature Features

  • Bathroom Information

    Total Baths: 3.5 Full Baths: 3 Half Baths: 3
  • Heating & Cooling

    Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1957 Building Stories: 1 Story Total Units: 3 Foundation/Basement: Slab Architecture: Ranch
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.16 Lot Dimensions: 46.51X148.1
  • Property Information

    SQ ft: 1950 Subdivision: Becks Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    Original List Price: $499,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: T1N, R11E, SEC 16 BECK'S SUB LOT 18

  • Tax Information

    Annual Tax: $8,071 Parcel Number: 2516227004
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: T1N, R11E, SEC 16 BECK'S SUB LOT 18

  • Unit 1 Information

    # of Bedrooms: 3

  • School Information

    School District: Royal Oak
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
406 W 12 Mile , Royal Oak, MI, 48073 $285,000 3 2 1,400 1,400 SqFt
335 Midland Boulevard , Royal Oak, MI, 48073 $350,000 4 2 1,407 1,407 SqFt
1641-1643 Fairview Aven.., Royal Oak, MI, 48073 $444,900 5 3 850 850 SqFt
2041 N Main Street , Royal Oak, MI, 48073 $1,399,000 8 4 4,580 4,580 SqFt
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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 08/02/2026 @ 14:49

MLS: 20261056965 LISTED BY: Hassan Scheib , Own It Realty 313-395-0000 SOURCE: Realcomp II Ltd

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