Browse All Royal Oak MI Multi-Family Properties for Sale

4 Baths ⋅ 20261082029 MLS

Development opportunity in Royal Oak. Value in Land (.85 Acre) Property currently has a 4-unit Historical Multi Family with Good-sized Garage/Barn at 3122 Crooks that currently has 2 units rented out month to month and 2 units vacant. At 3132 is a 3-bedroom Brick ranch currently leased until April ’27 at $1,895 per month. Both properties must be sold together. Do not walk property or disturb the tenants.

3122 Crooks Rd, Royal Oak

Courtesy of Tailored Real Estate Solutions 2484180624

$550,000

3 Baths ⋅ 20261082137 MLS

Exceptional investment opportunity in the heart of Royal Oak featuring a beautifully renovated triplex on an oversized professionally landscaped lot in downtown Royal Oak w/ a vibrant downtown dining, shopping, entertainment, & nightlife. This versatile property offers strong rental income potential w/ Unit 1 occupying the entire first floor featuring 2 bedrooms, 1 full bath, hardwood floors, & 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, & rents for $1,350/month. All units feature updated bathrooms, mainly hardwood flooring, granite countertops, & stainless-steel appliances w/ dishwashers. The basement provides abundant storage space along with shared community washer & dryer for all three units. Tenants enjoy both a private parking lot & additional street parking. This property is close to popular restaurants, boutiques, coffee shops, entertainment venues, parks, hospital & nearby Oakland Community College with easy access to major expressways & surrounding communities including Birmingham & 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. Also listed as vacant land. This was a perfect time to sell after turning over the leases. Still time to live in lower level 2 bedroom or you can find a new tenant. Rents have not been increased in a few years and now is the time to invest in walkable downtown Royal Oak. Perfect location for an investor looking to add to their portfolio or any owner occupancy. Investment Potential: This property presents a fantastic opportunity for both seasoned investors & first-time buyers looking to enter the rental market.

417 W Lincoln Ave, Royal Oak

Courtesy of Max Broock, REALTORS®-Birmingham 2486446700

$1,300,000

11 Baths ⋅ 20261077912 MLS

Crooks Apartments offers 11 units in Royal Oak across two single-story brick buildings. The property includes ten one-bedroom units and one two-bedroom unit, with shared laundry and on-site parking. New boilers 2025. Current rents average $891 per unit, offering upside as leases turn. Contact the listing broker for the offering memorandum and financials.

2328 Crooks Rd, Royal Oak

Courtesy of OakPointe Real Estate Advisors 2489727040

$369,900

81026049817 MLS

Brick 2 family Upper/Lower duplex- Loer unit, 2bd rm, 1 bath, kitchen, dining room , Living room with natural fireplace. Upper unit, 1 bd rm, 1 bath, kitchen, dining room, living room. Balcony off rear. Full basement, all utilities separated. 2 furnaces, 2 H/W tanks, 2 100-amp circuit breaker boxes. Oversized, 2 story garage. Larg front porch. AGENTS: PLEASE READ AGENT ONLY REMARKS.

928 Maplegrove Ave, Royal Oak

Courtesy of Ralph Conselyea Realtor 2483996400

$479,900

4 Beds ⋅ 2 Baths ⋅ 58050222006 MLS

Prime Royal Oak location! This nicely updated two-unit property offers an excellent opportunity for an owner-occupant or investor. Each unit features 2 bedrooms and 1 full bath, with comfortable layouts and separate utilities. Numerous capital improvements include a newer roof, newer A/C and HVAC systems. Shared basement provides additional storage and laundry. Both units are currently occupied by family friends with no formal rental agreements in place. A great opportunity to own a well-maintained income-producing property in a highly desirable Royal Oak location!

816-818 E 5th St, Royal Oak

Courtesy of Sine & Monaghan LLC 3138847000

$605,000

2 Baths ⋅ 20261073901 MLS

205 & 207 S. Pleasant St., Royal Oak, MI-A spectacular income producing property in Downtown Royal Oak! Beautifully maintained side-by-side brick duplex in an unbeatable location just steps from vibrant Downtown Royal Oak! This one-of-a-kind property offers an excellent opportunity for an investor or owner-occupant looking to enjoy all the amenities, nightlife, restaurants, shops, and convenience that Royal Oak has to offer. Each spacious unit features beautifully finished hardwood floors throughout, a large and inviting living room, formal dining area, and a spacious kitchen with updated appliances, butcher block countertops, and beautiful views of the shared backyard. The upper level of each unit offer two generously sized bedrooms and an updated full bathroom. Plenty of closet space throughout and a full private basement in each unit with room for plenty of storage. Both units have separate utilities and completely separate private basements, each offering a dry space with a washer and dryer. 205 S. Pleasant is currently tenant-occupied with a lease expiring next summer, while 207 S. Pleasant is vacant and ready for a new tenant or owner to move in. Enjoy a fantastic location within walking distance to Downtown Royal Oak’s shops, restaurants, grocery stores, and entertainment, with convenient access to major highways. A rare opportunity to own a meticulously maintained brick side by side duplex in one of Royal Oak’s most desirable locations—this property will not last long! 205 S. Pleasant is Currently Tenant Occupied until May of 2027 @ $1895 Per Month. Fantastic Tenants and a pristine unit. 207 S. Pleasant can easily generate tenants with a monthly rent of $2100.

205-207 S Pleasant St, Royal Oak

Courtesy of KW Metro 2482883500

$300,000

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

$290,000

2 Baths ⋅ 20261068291 MLS

Rare 2.375% assumable FHA mortgage opportunity! Qualified buyer may assume the existing mortgage and take advantage of a substantially below-market interest rate. Subject to lender approval. 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

$304,900

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

$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

$449,000

81026044792 MLS

INVESTMENT OPPORTUNITY DUPLEX \ $43,000 GROSS ANNUAL INCOME \ UPSIDE POTENTIAL UPPER UNIT AVAILABLE IMMEDIATELY FOR $2,000 PER MONTH. Exceptional opportunity to own a charming 1930s English Tudor-style duplex offering approximately $43,000 in gross annual rental income, with potential for future income growth. Both units have an established rental history, with tenant track records and historical financial information available upon request. Whether you're expanding your investment portfolio or seeking an owner-occupant opportunity, this distinctive multifamily property offers flexibility and long-term potential. This property features two separate 2-bedroom, 1-bath units, each with its own private enclosed sunroom. Inside, timeless architectural details blend with distinctive individual character. The upper unit showcases beautifully maintained dark hardwood floors and a handsome craftsman-style fireplace, while the lower unit features light oak flooring and a charming fireplace. 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. A compelling opportunity to combine classic architectural charm with income-producing potential. Financial records and historical rental information available upon request. 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. Upper unite now available to lease. See MLS Residential Lease. 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. Both units vacant. Easy to show.

406 W 12 Mile, Royal Oak

Courtesy of Douglas Rose Realty 8106230228

$471,900

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

$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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Royal Oak Multi-Family Real Estate

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Browse All Royal Oak MI Multi-Family Properties for Sale

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