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Sold for $440,000
  • $440,000

    506 W Twelve Mile Rd, Royal Oak, MI 48073

    4beds
    2,388sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $450,700 Zestimate®
    $184/sqft
    $1,691 Estimated rent

    Home value

    $450,700

    $428,000 - $473,000

    $1,691/mo

    Zestimate® history
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    $1,691/mo

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    $1,691/mo

    Rent Zestimate®

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    $2,823/mo

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    $2,823/mo

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    What's special

    Fenced yardHardwood floors throughoutNewer energy-efficient windowsUpdated kitchensAll appliances included
    Turn-Key Brick Duplex Near Downtown Royal Oak! Well-maintained and updated multi-family property offering two spacious units, each with 2 bedrooms and 1 full bath, generous living and dining areas, and strong rental appeal. Features include hardwood floors throughout, updated kitchens and all appliances included. Upper unit offers newer neutral carpet and a private deck; lower unit includes an enclosed Florida room (not included in square footage). Major updates provide peace of mind: new roof (2019, full tear-off with lifetime warranty), newer energy-efficient windows, and new concrete driveway. Property offers separate utilities including two furnaces, two central A/C units, two hot water heaters, and separate washers and dryers. Additional highlights include a two-car garage with extra parking pad, fenced yard, large private basement storage areas, and owned security system. Excellent opportunity for owner-occupants or investors seeking a low-maintenance asset in a prime, high-demand Royal Oak location close to downtown amenities. Lease income projected.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna O'Neill 313-881-5266,

    Real Estate One GPF

    Bought with:

    Mubashir Ahmed, 6501461229

    RE/MAX Showcase Homes

    Source: Realcomp II,MLS#: 20261006323MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,388 sqft
    • Finished area above ground: 2,088
    • Finished area below ground: 300

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 6,534 sqft
    • Dimensions: 50 x 134.43
    Details
    • Parcel number: 2509457014
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Other
    • Utilities for property: Above Ground Utilities

    Community & neighborhood

    Location
    • Region: Royal Oak
    • Subdivision: FOREST HEIGHTS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/13/2026Listing removed$1,675$1/sqft
    Source: Zillow Rentals Report a problem
    5/6/2026Listed for rent$1,675+11.7%$1/sqft
    Source: Zillow Rentals Report a problem
    4/30/2026Sold$440,000-6.4%$184/sqft
    Source: Realcomp II #20261006323 Report a problem
    4/10/2026Pending sale$470,000$197/sqft
    Source: Realcomp II #20261006323 Report a problem
    2/5/2026Listed for sale$470,000+40.3%$197/sqft
    Source: Realcomp II #20261006323 Report a problem
    8/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2023Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    5/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/1/2023Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    4/1/2021Sold$335,000-14.1%$140/sqft
    Source: Public Record Report a problem
    7/30/2020Listing removed$390,000$163/sqft
    Source: Max Broock #2200031812 Report a problem
    7/29/2020Listed for sale$390,000+178.6%$163/sqft
    Source: Max Broock #2200031812 Report a problem
    12/23/2011Sold$140,000-9.7%$59/sqft
    Source: Public Record Report a problem
    9/24/2011Price change$155,000-6.1%$65/sqft
    Source: Northville Business Center #211050449 Report a problem
    7/21/2011Price change$165,000-2.9%$69/sqft
    Source: Keller Williams Farmington Hills #211050449 Report a problem
    5/13/2011Listed for sale$170,000$71/sqft
    Source: Keller Williams Farmington Hills #211050449 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48073

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $450,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $450,700