219 W 12 Mile, Royal Oak, MI 48073
Local realty services provided by:CENTURY 21 Signature Realty
219 W 12 Mile,Royal Oak, MI 48073
$499,900
- - Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: hassan scheib, sonny bertoni
Office: own it realty
MLS#:61015482
Source:MI_REALSOURCE
Price summary
- Price:$499,900
About this home
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....
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Home facts
- Year built:1957
- Listing ID #:61015482
- Added:1 day(s) ago
- Updated:July 29, 2026 at 01:59 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:3
- Half bathrooms:3
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air
Structure and exterior
- Year built:1957
- Lot area:0.16 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$499,900
- Tax amount:$8,071
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