Browse All Royal Oak MI Multi-Family Properties for Sale

2 Baths ⋅ 20261070544 MLS

Opportunity meets location in the heart of Royal Oak! This charming 1920s home is ideally situated within walking distance of downtown Royal Oak and offers a rare combination of location, lot size, and flexibility. Currently configured and used as a two-unit property with separate upper and lower living spaces, the home has been occupied by family members for approximately 20 years and presents multiple possibilities for its next owner. Continue its use as a duplex and explore its potential as an investment property, convert it back to a spacious single-family residence, or take advantage of the generous lot and prime location for future new construction. Whether you're an investor, homeowner, renovator, or builder, this property offers an exciting opportunity to create something special in one of Royal Oak's most desirable locations. Bring your vision and imagine the possibilities! BATVAI

511 Woodcrest Dr, Royal Oak

Courtesy of Brookstone, Realtors LLC 2489630505

$389,900

3 Baths ⋅ 20261064729 MLS

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!!

307 S Laurel St, Royal Oak

Courtesy of Real Estate One-Clinton Twp 5867837888

$295,000

2 Baths ⋅ 20261068291 MLS

Welcome to 306 N. Kenwood Avenue! An exceptional duplex nestled on one of Royal Oak's picturesque tree-lined streets, just a short stroll from the restaurants, boutiques, nightlife, and year-round events of vibrant downtown Royal Oak. Whether you're looking to expand your investment portfolio, owner-occupy while generating rental income, or accommodate multi-generational living, this well-maintained property offers incredible flexibility. The lower unit features 2 bedrooms and 1 full bathroom, with the bathroom beautifully updated in 2021. The upper unit has been thoughtfully renovated in 2024, showcasing new flooring, fresh neutral paint, a completely remodeled bathroom, and an updated kitchen with modern finishes. Additional features include a welcoming enclosed front porch, a shared basement with dedicated storage for each unit, and a detached 2-car garage. Recent mechanical updates include a new furnace (2019) and hot water tank (2023), providing added peace of mind. Conveniently located just minutes from I-75 and I-696, this property combines an unbeatable location with strong investment potential. Opportunities like this in downtown Royal Oak are rare—don't miss your chance to own this move-in-ready duplex in one of Metro Detroit's most sought-after communities!

306 N Kenwood Ave, Royal Oak

Courtesy of DOBI Real Estate 2483853350

$309,900

2 Baths ⋅ 20261067000 MLS

Don’t miss this incredible opportunity in Royal Oak! Situated on a quiet street, this charming duplex sits on a large, peaceful lot and offers tremendous potential for investors or developers. Each unit features 2 bedrooms and 1 full bath, along with inviting porches overlooking the wooded backyard. The property is conveniently located within walking distance to downtown Royal Oak and close to parks, restaurants, shopping, and everything the city has to offer. Whether you’re an investor looking for established tenants and immediate income potential, or want to renovate for a bigger ROI and rent opportunities, or a developer envisioning a future dream home on a desirable lot, 401 Pingree offers flexibility and opportunity in an exceptional location. Don’t miss your chance to explore all this property has to offer!

401 Pingree Blvd, Royal Oak

Courtesy of Max Broock, REALTORS-Royal Oak 2485489100

$399,000

3 Baths ⋅ 20261066992 MLS

This three-unit property in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all the amenities Royal Oak has to offer. The property features three separate units, including a one-bedroom, one-bath unit in the basement and another one-bedroom, one-bath unit on the first floor. The third unit offers a spacious first-floor living area, with two generously sized bedrooms and a full bath upstairs. Recent updates include a newer hot water heater and boiler. With established tenants, a beautiful large lot, and a prime location, this property offers excellent investment potential, including renovating for a bigger ROI and rent opportunities and also perfect for a future development. It could also be purchased in tandem with 1119 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don’t miss the opportunity to explore all this property has to offer!

1125 S Lafayette Ave, Royal Oak

Courtesy of Max Broock, REALTORS-Royal Oak 2485489100

$360,000

3 Baths ⋅ 20261066982 MLS

This two-unit duplex in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all that Royal Oak has to offer. The first-floor unit features 3 bedrooms and 2 full baths, along with a full basement. The second-floor unit offers 1 bedroom and 1 full bath. With established tenants and a beautiful, generously sized lot, this property offers immediate investment potential. Could also be renovated for a bigger ROI and rent opportunities while also perfect or for future development possibilities. The property could also be purchased in tandem with 1125 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don’t miss your chance to explore all this property has to offer!

1119 S Lafayette Ave, Royal Oak

Courtesy of Max Broock, REALTORS-Royal Oak 2485489100

$462,000

81026044792 MLS

Charming 1930s English Tudor-style duplex offering a rare combination of timeless character, investment potential, and owner-occupant flexibility. This tenant-occupied multifamily property features two distinct 2-bedroom, 1-bath units, each with its own private enclosed sunroom, creating additional versatile space and a wonderful connection to the outdoors. Both units are currently leased; however, the upper unit will be available to an owner occupant or for lease to a new tenant beginning September 1, 2026. Inside, each unit offers its own distinctive style and character. The upper unit features beautifully maintained dark hardwood floors and a handsome craftsman-style fireplace, while the lower unit showcases beautifully finished light oak flooring and a charming boho-inspired fireplace. Stained-glass windows flank each fireplace, adding warmth, ambiance, and timeless architectural appeal. Abundant natural light, well-maintained interiors, and classic architectural detailscompliment the home's inviting atmosphere. Outside, enjoy a large, private backyard surrounded by mature greenery, offering a peaceful retreat just moments from the energy and convenience of Downtown Royal Oak's dining, entertainment, and shopping. Whether you're looking for an income-producing investment, a property with future flexibility, or the opportunity to live in one unit while generating rental income from the other, this distinctive Tudor duplex offers an exceptional opportunity in a highly "walkable" location to downtown Royal Oak. All Offers to be submitted to Deborah Jalaba @ deborah.jalaba@remax.net

925 E 2nd St, Royal Oak

Courtesy of RE/MAX Classic Blm. Hills 2486465000

$285,000

2 Baths ⋅ 20261053838 MLS

Charming two unit multifamily in prime Royal Oak, minutes to downtown dining, shopping, parks, and quick access to Woodward and 696. Ideal house hacking opportunity with privacy. Classic early 1900s two story colonial style design with a steep gable roofline, clean siding, bright white trim, and a welcoming covered front porch. Upper unit is vacant and offers a spacious one bedroom with great natural light, hardwood floors, and updated kitchen and bath. Lower unit is a two bedroom currently rented at 1250 per month with a current tenant. Plenty of parking in back.

406 W 12 Mile, Royal Oak

Courtesy of Douglas Rose Realty 8106230228

$379,900

81026034526 MLS

All brick 2 family Upper/Lower duplex - Lower unit, 2 bd rm, 1 bath, kitchen, dining room & living room. rear porch/patio. Upper unit, 1 bd rm, 1 bath, kitchen, dining room & liv rm. balcony. Full basement. all utilities are separated. 2 furnaces, 2 H/W tanks, 2 100-amp circuit breaker boxes. Oversized, 2 story garage. Large front porch. AGENTS: PLEASE READ AGENT ONLY REMARKS.

928 Maplegrove Ave, Royal Oak

Courtesy of Ralph Conselyea Realtor 2483996400

$479,900

2 Baths ⋅ 20261045232 MLS

LOCATION! LOCATION! LOCATION! Rare opportunity to own a classic Tudor duplex on a prominent corner lot just a 7-minute walk to Downtown Royal Oak's vibrant Main Street district. *** Lower unit is now vacant so it is a perfect opportunity for owner occupant to live in one unit and rent the other which is already occupied by a long term tenant. Surrounded by mature trees and showcasing timeless brick Tudor architecture, this unique property features two spacious units, each offering 2 bedrooms, 1 full bath, a formal dining room, living room, and kitchen. The nearly identical floorplans provide excellent flexibility for investors and future owner-occupants alike. Current month-to-month tenant provide immediate rental income while preserving future flexibility. Property features separate electrical service, separate central air conditioning systems, vinyl windows, a shared basement with dedicated laundry for each unit, and a detached two-car garage. Enjoy the convenience of being just a short walk from Downtown Royal Oak's acclaimed restaurants, shopping, entertainment, nightlife, farmers market, and year-round community events. Duplexes offering this combination of character, location, and long-term upside rarely become available. Whether you're seeking a strong investment opportunity, a future owner-occupancy option, or a premier addition to your real estate portfolio, 903 E. 3rd Street delivers location, charm, and exceptional potential in one of Metro Detroit's most desirable neighborhoods.

903 E 3rd St E, Royal Oak

Courtesy of Auburn Hills Property Services LLC 2486527555

$580,000

3 Baths ⋅ 20261036475 MLS

Exceptional investment opportunity in the heart of Royal Oak featuring a beautifully renovated triplex on an oversized professionally landscaped lot just a short walk to vibrant downtown dining, shopping, entertainment, and nightlife. This versatile property offers strong rental income potential with Unit 1 occupying the entire first floor featuring 2 bedrooms, 1 full bath, hardwood floors, and a charming sunroom currently renting for $1,800/month. Unit 2 offers 1 bedroom, 1 bath, a sunroom, hardwood flooring and rents for $1,400/month. Unit 3 includes 1 bedroom, 1 bath, a private back deck, updated finishes throughout, and rents for $1,300/month. All units feature updated bathrooms, mainly hardwood flooring, granite countertops, and stainless-steel appliances with dishwashers, while all utilities are included in the rent for added tenant convenience. The basement provides abundant storage space along with shared community washer and dryer for all three units. Tenants enjoy both a private parking lot and additional street parking. Located near downtown Royal Oak, this property is close to popular restaurants, boutiques, coffee shops, entertainment venues, parks, and nearby Oakland Community College with easy access to major expressways and surrounding communities including Birmingham and Ferndale. Whether you are looking to expand your investment portfolio, owner occupy, redevelop, convert to additional units, or take advantage of the separate vacant land listing for future building potential, this is a rare opportunity in one of Metro Detroit’s most desirable locations.

417 W Lincoln Ave, Royal Oak

Courtesy of Max Broock, REALTORS®-Birmingham 2486446700

$414,900

2 Baths ⋅ 20261036498 MLS

Owner said let's sell. Newly Reduced Price! Don't miss your chance to own an Exceptional Duplex-Investment opportunity in the heart of Royal Oak close to all nightlife and Corewell Health facilities. This well-maintained property includes both addresses 2009 and 2011 W 14 Mile Rd.. Each offering 2 bedrooms and 1 full bathroom, making it an ideal addition to any investor's portfolio. Both units were fully remodeled including brand new AC units, furnaces, and hot water tanks in 2020 making this an easy peace of mind investment. Tenants assume all separate metered utilities. Owner responsible for grass and snow shoveling only. Ample parking in rear of home with private fence. Don't wait- Properties like this in Royal Oak do not last long!

2009 W 14 Mile Rd, Royal Oak

Courtesy of Community Choice Realty Inc 2487290011

$1,399,000

4 Baths ⋅ 20261031385 MLS

Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio—complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit’s most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!

2041 N Main St, Royal Oak

Courtesy of ERA Prime Real Estate Group 2484743303

$525,000

81026013055 MLS

Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.

907 E Fifth St, Royal Oak

Courtesy of Elementary Homes, LLC. 2488502030

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