For Sale
907 E Fifth Street, Royal Oak, MI 48067
$525,000
MLS # 26013055 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19260.12 acres
1 / 28
Listing Description
Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.
Source: SparkMLS
About this home
Listed at $525,000.
Annual property taxes run approximately $6,955 ($580/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
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.12 acres
Year Built1926
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionAluminum Siding
BasementFull
HeatingForced Air
UtilitiesPhone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed3/31/2026
Original Price$550,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$8,048
Tax Year2025
State Equalized Value$186,480
Taxable Value$145,620
Assessed Value$145,620
Parcel #2522208015
Source: Public Records
Legal Description
T1N, R11E, SEC 22 FOURTH AVENUE SUB LOTS 16 & 17
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael Nawrocki
Elementary Homes, LLC.
Frequently Asked Questions about 907 E Fifth Street, Royal Oak, MI 48067
Which school district serves 907 E Fifth Street, Royal Oak, MI 48067?
Per MLS# 26013055, 907 E Fifth Street, Royal Oak, MI 48067 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.
Can I use FHA or VA financing for this property?
Per MLS# 26013055, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 907 E Fifth Street, Royal Oak, MI 48067?
Per public tax records, annual property taxes for this property are $8,048 (2025). 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, 907 E Fifth 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.
Is 907 E Fifth 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.
What utilities serve 907 E Fifth Street, Royal Oak, MI 48067?
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$6,955
Monthly$580
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$3,985
Principal & interest$3,405
Property taxes$580
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
907 E Fifth Street, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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