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For sale
  • $499,900

    219 W Twelve Mile Rd, Royal Oak, MI 48073

    3beds
    1,950sqft
    : 
    $3,582/mo
    Get pre-qualified
    Multi Family
    Built in 1957
    -- sqft lot
    $482,400 Zestimate®
    $256/sqft
    $-- HOA

    What's special

    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.
    15 days
    |
    1,051
    |
    102
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hassan Scheib 313-395-0000,

    Own It Realty 313-395-0000,

    Sonny Bertoni 313-770-9997,

    Own It Realty

    Source: Realcomp II,MLS#: 20261056965MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 6
      • Full bathrooms: 3
      • 1/2 bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,950 sqft
      • Finished area above ground: 1,950

      Property

      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 46.51 x 148.1
      Details
      • Parcel number: 2516227004
      • Zoning description: MultiFamily
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: BECKS
      Location
      • Region: Royal Oak

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $145,490
      • Annual tax amount: $8,071
      • Date on market: 7/28/2026
      • Cumulative days on market: 15 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        $482,400

        $458,000 - $507,000

        $1,597/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$499,900+39.6%$256/sqft
        Source: Realcomp II #20261056965 Report a problem
        8/10/2023Sold$358,000+868.3%$184/sqft
        Source: Public Record Report a problem
        4/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/23/2023Price change$850-10.5%
        Source: Zillow Rentals Report a problem
        11/10/2022Listed for rent$950
        Source: Zillow Rental Manager Report a problem
        1/16/2003Sold$36,972$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $153,800 +9%
        2024-- $141,120 +5.8%
        2023-- $133,330 +6%
        2022-- $125,840 +6.7%
        2021-- $117,970 +6.5%
        2020-- $110,820 +3%
        2019-- $107,610 +10.7%
        2018-- $97,220
        2017-- $97,220 +10.3%
        2015-- $88,180 +16.4%
        2014-- $75,760 -9.6%
        2011-- $83,760 -4.4%
        2010$3,111 -0.3%$87,610 -11.7%
        2009$3,119 +30.4%$99,190 -34.2%
        2005$2,391 $150,720 +69.7%
        2003-- $88,790 +5.2%
        2002-- $84,420 +73.7%
        2001$2,353 +2.7%$48,610 +3.2%
        2000$2,292 $47,110
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48073

        Getting around

        74 / 100
        Very Walkable
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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