Sold
602 Millard Avenue, Royal Oak, MI 48073
Sold on 03/03/2026 for$240,000
MLS # 20251060611 (Realcomp)
3 beds2 baths1,292 sqftBuilt 19830.11 acres
1 / 23
Listing Description
Great investment property with a tenant paying $1,750 per month. There is a fresh 12-month lease signed and professional management already in place, making this a very solid turnkey option for any investor! This 3 bed, 2 full bath townhouse is perfectly located - very close to Woodward, I-75, and downtown Clawson, Royal Oak, & Birmingham. Award winning Royal Oaks schools. Updated kitchen, baths, flooring. One car attached garage. This townhouse style Half Duplex shares one wall with another unit - but otherwise everything is separated including the land. There is no HOA. No showings are allowed without an accepted offer first. Do not approach the home or disturb the tenant. Reach out to the listing agent for inquiries.
Source: SparkMLS
About this home
Located in Royal Oak in Royal Oak, this property offers 3-bedroom, 2-bath, 1,292 sq ft, with original construction dating to 1983.
Final sale price: $240,000 (about $186/sq ft).
Estimated annual property tax: $3,477, or about $290 monthly. 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. Fiber internet is available at this address with download speeds up to 6,000 Mbps across 11 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,292 sqft
Lot Size0.11 acres
Year Built1983
Stories2
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48073
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionWood Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/26/2026
Sold Date3/2/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,008
State Equalized Value$93,230
Taxable Value$93,230
Parcel #2503328014
Source: Public Records
Legal Description
T1N, R11E, SEC 3 ASSESSOR'S PLAT NO 17 PART OF LOT 47 BEG AT NW LOT COR, TH S 89-06-15 E 50.65 FT, TH S 00-27-50 E 83.99 FT, TH N 84-50-00 W 69.29 FT, TH N 12-41-30 E 80.50 FT TO BEG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Hammel
Keller Williams Somerset
Frequently Asked Questions about 602 Millard Avenue, Royal Oak, MI 48073
Which school district serves 602 Millard Avenue, Royal Oak, MI 48073?
Per MLS# 20251060611, 602 Millard 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 financing options are available for 602 Millard Avenue, Royal Oak, MI 48073?
Per MLS# 20251060611, 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 602 Millard Avenue, Royal Oak, MI 48073?
Per public tax records, annual property taxes for this property are $4,008. 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, 602 Millard 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 602 Millard 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 602 Millard Avenue, Royal Oak, MI 48073. The maximum advertised download speed is 6.0 Gbps. 11 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 602 Millard Avenue, Royal Oak, MI 48073?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. 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.
Map
Tax Estimate
$
Annual tax$3,477
Monthly$290
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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%
$
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Monthly payment$1,846
Principal & interest$1,557
Property taxes$290
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
6 Gbps
Upload
6 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
11 providers at this address
123.NET IncFiber
6 GbpsAT&TFiber
5 Gbps1.2 Gbps
XfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
1 GbpsStarlinkGSO Satellite
280 MbpsAT&TLicensed Fixed Wireless
100 MbpsT-MobileLicensed Fixed Wireless
100 MbpsViasat IncSatellite
100 MbpsAT&TDSL
50 Mbps+ 1 more
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
602 Millard Avenue, Royal Oak, MI 48073
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Municipality
Royal Oak
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County
Oakland County
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