For Sale
21516 Oxford Avenue, Farmington, MI 48336
$499,000
MLS # 20261047883 (Realcomp)
Built 19400.25 acres
1 / 47
Listing Description
RARE MULTI-FAMILY INVESTMENT IN THE HEART OF FARMINGTON HILLS. Discover a unique and versatile 3-unit property that blends classic 1940s charm with today’s modern comforts. Situated in a prime Farmington Hills location near downtown, Beaumont Hospital, and major expressways (M-5 & I-696), this fully functional multi-family home is ideal for investors or savvy house hackers. The property consists of two spacious 3-bedroom flats—one upper, one lower—plus a cozy basement studio apartment. Original hardwood floors, built-in bookcases, and a remote-controlled electric fireplace preserve the vintage warmth, while updated kitchens with stainless steel appliances, marble tile countertops, and central HVAC bring in the modern touches. Enjoy a large shared yard, convenient basement laundry, and ample off-street parking. This low-maintenance property is a smart addition to any portfolio—or a great way to offset your mortgage by living in one unit and renting out the rest. This is an exceptional opportunity in the Farmington School District—don’t miss it!
Source: SparkMLS
About this home
Located in Farmington Hills in Farmington, this property offers 3-bath, with original construction dating to 1940.
Listed at $499,000.
Property tax estimate: $3,455 per year ($288/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.25 acres
Year Built1940
Location
CityFarmington
MunicipalityFarmington Hills
Zip Code48336
CountyOakland
School DistrictFarmington
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/24/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,455
State Equalized Value$167,680
Taxable Value$66,470
Parcel #2336253013
Source: Public Records
Legal Description
T1N, R9E, SEC 36 J M COX ESTATE SUB N 1/2 OF LOT 10 & S 1/2 OF LOT 11
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Emi Cross
Good Company
Frequently Asked Questions about 21516 Oxford Avenue, Farmington, MI 48336
Which school district serves 21516 Oxford Avenue, Farmington, MI 48336?
Per MLS# 20261047883, 21516 Oxford Avenue, Farmington, MI 48336 is in the Farmington boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Farmington directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261047883, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 21516 Oxford Avenue, Farmington, MI 48336?
Per public tax records, annual property taxes for this property are $3,455. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 21516 Oxford Avenue, Farmington, MI 48336 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 21516 Oxford Avenue, Farmington, MI 48336 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 21516 Oxford Avenue, Farmington, MI 48336?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$3,237
Principal & interest$3,237
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
21516 Oxford Avenue, Farmington, MI 48336
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Municipality
Farmington Hills
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County
Oakland County
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