Sold

902 E 2ND Street, Royal Oak, MI 48067

Sold on 03/31/2022 for$380,000

MLS # 2210100017 (Realcomp)

Built 19280.1 acres

Listing Description

Buyers agents please read the directions below. Fabulous opportunity to live in one unit and rent, or rent both units! Close to downtown Royal Oak. This building has been exceedingly well cared for and is now on the market for the first time in 45 years. This property has been a great money maker now it's time to pass the torch. 2 kitchens - 2 meters - 1 furnace (4-5 years old) 1 c/a unit - 1 w/d. locked additional storage space in the basement. The 2nd floor unit has an extra closet. 2 car gar (in excellent condition) renting for $650 a quarter. Tenants pay all utilities. Could be turned back into a single family residence or use the upper floor as a mother-in-law suite. The current owner has kept the rents low as one tenant who is soon to leave has been there for 10+ years. Bathrooms,

Source: SparkMLS

About this home

This 4-bath home built in 1928 sits in Royal Oak in Royal Oak.

Closed at $380,000.

Estimated annual property tax: $6,714, or about $560 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 5,000 Mbps across 10 providers.

Listing Property Details

Property TypeMulti Family

Bathrooms4

Lot Size0.1 acres

Year Built1928

Location

CityRoyal Oak

MunicipalityRoyal Oak City

Zip Code48067

CountyOakland

School DistrictSchool District of the City of Royal Oak

Construction & Systems

ConstructionAluminum Siding, Brick

HeatingForced Air

WaterPublic

SewerPublic

UtilitiesCable Connected

Sale & Financing

Listed12/14/2021

Sold Date3/30/2022

Terms AcceptedCash, Conventional, FHA, VA Loan

Source: SparkMLS

Tax Information

Annual Tax$4,677

State Equalized Value$180,030

Taxable Value$169,290

Parcel #2522203001

Source: Public Records

Legal Description

T1N, R11E, SEC 22 ASSESSOR'S PLAT NO 10 LOT 6

Property Records

FEMA Flood Zone: Zone X — Minimal flood risk

Source: FEMA NFHL

USDA Rural Development: Not Eligible

Verify eligibility at USDA

Listed by Nancy R Robinson

Real Broker, LLC Birmingham

Frequently Asked Questions about 902 E 2ND Street, Royal Oak, MI 48067

Which school district serves 902 E 2ND Street, Royal Oak, MI 48067?

Per MLS# 2210100017, 902 E 2ND Street, Royal Oak, MI 48067 is in the School District of the City of Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact School District of the City of Royal Oak directly to confirm enrollment eligibility.

Can I use FHA or VA financing for this property?

Per MLS# 2210100017, 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 902 E 2ND Street, Royal Oak, MI 48067?

Per public tax records, annual property taxes for this property are $4,677. 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.

MI Property Tax Estimator

Can I use a USDA Rural Development loan for this property?

Per USDA Rural Development boundary data, 902 E 2ND Street, Royal Oak, MI 48067 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.

USDA Eligibility Map

Is 902 E 2ND Street, Royal Oak, MI 48067 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.

FEMA Flood Map

What internet service is available at this address?

Per FCC Broadband Data Collection filings, fiber internet is available at 902 E 2ND Street, Royal Oak, MI 48067. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.

FCC Broadband Map

What utilities serve 902 E 2ND Street, Royal Oak, MI 48067?

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.

DTE Electric Company Consumers Energy Company MI Public Service Commission

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.

CLEMIS

Map

Or contact Alexander directly

Call Text Email

Tax Estimate

SEV (State Equalized Value)

Annual tax$6,714

Monthly$560

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

Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$3,024

Principal & interest$2,465

Property taxes$560

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Internet

Fiber

Download

5 Gbps

Upload

5 Gbps

FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite

10 providers at this address

AT&TFiber

5 Gbps

WOW Internet, Cable & PhoneCable

1.2 Gbps

XfinityCable

1.2 Gbps

VerizonLicensed Fixed Wireless

1 Gbps

StarlinkGSO Satellite

280 Mbps

AT&TDSL

100 Mbps

Viasat IncSatellite

100 Mbps

HughesNetSatellite

50 Mbps

AT&TLicensed Fixed Wireless

25 Mbps

T-MobileLicensed Fixed Wireless

0 Mbps

FCC Broadband Data Collection (Dec 2025). Max advertised speeds.

Utilities

DTE Electric Company

Investor-Owned

800-477-4747 Web

Consumers Energy Company

Investor-Owned

800-477-5050 Web

MI Public Service Commission service territory boundaries.

Property

902 E 2ND Street, Royal Oak, MI 48067

View full property history →

Municipality

Royal Oak

View all listings →

County

Oakland County

View county overview →

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Listing Description

Source: SparkMLS

About this home

This 4-bath home built in 1928 sits in Royal Oak in Royal Oak.

Closed at $380,000.

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 5,000 Mbps across 10 providers.

Listing Property Details

Property TypeMulti Family

Bathrooms4

Lot Size0.1 acres

Year Built1928

Location

CityRoyal Oak

MunicipalityRoyal Oak City

Zip Code48067

CountyOakland

School DistrictSchool District of the City of Royal Oak

Construction & Systems