For Sale
925 E 2nd Street, Royal Oak, MI 48067
$459,000
MLS # 50209636 (MiRealSource)
Built 19300.15 acres
1 / 42
Listing Description
Charming 1930s English Tudor-style multifamily home offering an excellent investment opportunity or there's the opportunity for an owner occupant as well! This tenant-occupied property features two separate units, each with 2 bedrooms and 1 bathroom. Both units are currently leased. Inside, you'll find beautifully maintained hardwood floors throughout, updated interiors, and an abundance of natural light that creates a warm and inviting atmosphere. Enjoy the large private backyard surrounded by greenery and the location within walking distance to the entertainment and dining that Downtown Royal Oak offers. A rare chance to own a classic Tudor duplex with timeless character and strong income potential.
Source: SparkMLS
About this home
2-bath home in Royal Oak in Royal Oak built in 1930.
Listed at $459,000.
Property tax estimate: $6,675 per year ($556/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 Size0.15 acres
Year Built1930
Location
CityRoyal Oak
Zip Code48067
CountyOakland
Construction & Systems
ConstructionBlock, Brick
HeatingForced Air
Sale & Financing
Listed5/31/2026
Original Price$485,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
State Equalized Value$178,990
Taxable Value$178,990
Parcel #2522201018
Source: Public Records
Legal Description
T1N, R11E, SEC 22 FOURTH AVENUE SUB LOT 574
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Elena Filimon
Realteam Real Estate
Frequently Asked Questions about 925 E 2nd Street, Royal Oak, MI 48067
What type of financing is accepted for this listing?
Per MLS# 50209636, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 925 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.
Is 925 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.
What utilities serve 925 E 2nd 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$6,675
Monthly$556
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$3,533
Principal & interest$2,977
Property taxes$556
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
925 E 2nd Street, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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