For Sale
406 Woodlawn Avenue, Royal Oak, MI 48073
$299,900
MLS # 20261022189 (Realcomp)
2 beds2 baths1,746 sqftBuilt 19650.18 acres
1 / 13
Listing Description
Great opportunity in the heart of Royal Oak! This home offers strong potential for buyers looking to renovate and add value. Featuring a functional layout and a nice-sized yard, this property is ideal for investors or buyers ready to customize a home to their liking. Located just minutes from downtown Royal Oak, parks, shopping, dining, and major expressways—don’t miss the chance to bring your vision to life in a highly desirable area!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,746 sq ft home in Royal Oak in Royal Oak built in 1965.
Asking $299,900 (about $172/sq ft).
Property tax estimate: $4,845 per year ($404/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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area1,746 sqft
Lot Size0.18 acres
Year Built1965
Stories1
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionAluminum Siding, Brick
BasementPartial
Garage1 space
HeatingForced Air
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed4/15/2026
Original Price$310,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$3,408
State Equalized Value$129,920
Taxable Value$89,390
Parcel #2503356008
Source: Public Records
Legal Description
T1N, R11E, SEC 3 OAK RUN SUB W 50 FT OF LOT 71
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Carvell C Wilkins
Century 21 Professionals Livonia
Frequently Asked Questions about 406 Woodlawn Avenue, Royal Oak, MI 48073
Which school district serves 406 Woodlawn Avenue, Royal Oak, MI 48073?
Per MLS# 20261022189, 406 Woodlawn Avenue, Royal Oak, MI 48073 is in the City of Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact City of Royal Oak directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261022189, this listing accepts Cash, Conventional, FHA 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 406 Woodlawn Avenue, Royal Oak, MI 48073?
Per public tax records, annual property taxes for this property are $3,408. 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 Woodlawn Avenue, Royal Oak, MI 48073 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 406 Woodlawn Avenue, 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 Woodlawn Avenue, Royal Oak, MI 48073?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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.
Map
Tax Estimate
$
Annual tax$4,845
Monthly$404
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$2,349
Principal & interest$1,945
Property taxes$404
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 Woodlawn Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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