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  • Price cut: $25K (4/21)
    $525,000

    907 E 5th St, Royal Oak, MI 48067

    5beds
    3baths
    2,100sqft
    : 
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    2 to 4 Units
    Built in 1926
    -- sqft lot
    $500,800 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Dedicated storageHardwood flooringPrivate laundryUpdated kitchensStainless steel appliances
    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.
    102 days
    |
    349
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Nawrocki 248-515-7518,

    Elementary Homes, LLC. 248-850-2030

    Source: MichRIC,MLS#: 26013055MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Gas Dryer Hookup, In Basement, Laundry Room, Washer Hookup
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, Driveway
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 49 x 105
      • Features: Sidewalk
      Details
      • Parcel number: 2522208015
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Aluminum Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

      Community & HOA

      Location
      • Region: Royal Oak

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $145,620
      • Annual tax amount: $8,047
      • Date on market: 4/1/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Water, Sewer, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $500,800

        $476,000 - $526,000

        $1,898/mo

        Price history

        DateEventPrice
        4/21/2026Price change$525,000-4.5%$250/sqft
        Source: MichRIC #26013055 Report a problem
        4/1/2026Listed for sale$550,000+69.2%$262/sqft
        Source: MichRIC #26013055 Report a problem
        6/25/2024Listing removed--
        Source: MichRIC #24024021 Report a problem
        6/17/2024Listed for rent$1,900+35.7%$1/sqft
        Source: MichRIC #24024021 Report a problem
        2/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/26/2023Price change$1,400-12.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/29/2022Price change$1,600-5.9%$1/sqft
        Source: Zillow Rentals Report a problem
        12/7/2022Listed for rent$1,700+21.4%$1/sqft
        Source: Zillow Rentals Report a problem
        12/22/2020Listing removed--
        Source: Realcomp II Report a problem
        12/1/2020Price change$1,400-6.7%$1/sqft
        Source: Keller Williams Lakeside #2200058123 Report a problem
        9/23/2020Price change$1,500-6.3%$1/sqft
        Source: Keller Williams Lakeside #2200058123 Report a problem
        9/12/2020Price change$1,600-3%$1/sqft
        Source: Keller Williams Lakeside #2200058123 Report a problem
        8/18/2020Price change$1,650-2.9%$1/sqft
        Source: Keller Williams Lakeside #2200058123 Report a problem
        7/25/2020Listed for rent$1,700+6.3%$1/sqft
        Source: Keller Williams Lakeside #2200058123 Report a problem
        3/31/2020Listing removed$1,600$1/sqft
        Source: Keller Williams Realty Lakeside Market Center #2200004064 Report a problem
        1/15/2020Listed for rent$1,600+45.5%$1/sqft
        Source: Keller Williams Lakeside #2200004064 Report a problem
        12/18/2019Sold$325,000-1.5%$155/sqft
        Source: Public Record Report a problem
        11/6/2019Price change$329,900-5.7%$157/sqft
        Source: Signature Sotheby's International Realty #219109988 Report a problem
        10/25/2019Listed for sale$349,900+81.8%$167/sqft
        Source: Signature Sotheby's International Realty Bham #219109988 Report a problem
        1/17/2019Listing removed$1,100$1/sqft
        Source: Owner Report a problem
        1/6/2019Price change$1,100-6.4%$1/sqft
        Source: Owner Report a problem
        12/1/2018Listed for rent$1,175$1/sqft
        Source: Owner Report a problem
        5/4/2001Sold$192,500$92/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $173,180 +6.8%
        2023-- $162,210 +2.2%
        2022-- $158,690 +5.7%
        2021-- $150,200 +22.8%
        2020-- $122,330 +1.3%
        2019-- $120,790 +16.5%
        2018-- $103,640
        2017-- $103,640 +16.4%
        2015-- $89,050 +13.8%
        2014-- $78,230 -4.2%
        2011-- $81,670 -14.5%
        2010$4,056 -16.2%$95,570 -16.7%
        2009$4,838 +20.7%$114,670 -50.2%
        2005$4,007 $230,200 +95.6%
        2003-- $117,700 +15%
        2002-- $102,380 +72.2%
        2001$2,430 +18.2%$59,440 +3.2%
        2000$2,055 $57,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48067

        Getting around

        87 / 100
        Very Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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