For Sale
406 W 12 Mile, Royal Oak, MI 48073
$285,000
MLS # 20261053838 (Realcomp)
Built 19220.13 acres
1 / 13
Listing Description
Charming two unit multifamily in prime Royal Oak, minutes to downtown dining, shopping, parks, and quick access to Woodward and 696. Ideal house hacking opportunity with privacy. Classic early 1900s two story colonial style design with a steep gable roofline, clean siding, bright white trim, and a welcoming covered front porch. Upper unit is vacant and offers a spacious one bedroom with great natural light, hardwood floors, and updated kitchen and bath. Lower unit is a two bedroom currently rented at 1250 per month with a current tenant. Plenty of parking in back.
Source: SparkMLS
About this home
This 2-bath home built in 1922 sits in Royal Oak in Royal Oak.
Asking $285,000.
Property tax estimate: $3,703 per year ($309/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.13 acres
Year Built1922
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictRoyal Oak
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
Sale & Financing
Listed7/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,192
State Equalized Value$99,280
Taxable Value$88,050
Parcel #2509481019
Source: Public Records
Legal Description
T1N, R11E, SEC 9 H L KOPPIN'S SUB LOT 15
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Garrett Blair
Douglas Rose Realty
Frequently Asked Questions about 406 W 12 Mile, Royal Oak, MI 48073
Which school district serves 406 W 12 Mile, Royal Oak, MI 48073?
Per MLS# 20261053838, 406 W 12 Mile, Royal Oak, MI 48073 is in the Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Royal Oak directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261053838, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 406 W 12 Mile, Royal Oak, MI 48073?
Per public tax records, annual property taxes for this property are $6,192. 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, 406 W 12 Mile, Royal Oak, MI 48073 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 406 W 12 Mile, Royal Oak, MI 48073 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 406 W 12 Mile, Royal Oak, MI 48073?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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.
Map
Tax Estimate
$
Annual tax$3,703
Monthly$309
Millage rate37.2947 mills
Municipality: CITY OF ROYAL OAK
School district: FERNDALE CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$2,157
Principal & interest$1,849
Property taxes$309
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
406 W 12 Mile, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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