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2041 N Main

Royal Oak, MI 48073
  • $1,550,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 20261031385
UPDATED: 67 min ago
$1,550,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,580
    SQFT
  • $338
    $/SQFT
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio - complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-16T06:52:34.827.
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2041 N Main Royal Oak, MI 48073

  • Price: $1,550,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 67 min ago
  • MLS #: 20261031385
0
Beds
4
Baths
0
½ Baths
0.23
Acres
4,580
SQFT
$338
$/SQFT
1924
Built
Neighborhood:
Weitzels Houstonia Heights
County:
Oakland
Area:
Royal Oak (63251)
School District:
Royal Oak Neighborhood Schools
Property Description
Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio - complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!
Exterior Features

Exterior Construction Brick Foundation Type Basement Frontage 64 Lot Size 64X155 Parking Lighted Roads Paved Street Structure Style 2 Story Waterfront YN No

Interior Features

Basement Type BlockCommon Basement YN No Cooling System Ceiling Fan(s)Window Unit(s) Fireplace YN No Fuel Type Natural Gas Heating System Hot Water Interior Features Cable/Internet Avail. Water Heater Gas

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease Information Heat Included Lease YN Yes Municipality Royal Oak Municipality Type City Net Operating Income 90100 Ownership Private Property Type Multi-Family SEV 265150 Subject To Short Sale Approval No Summer Tax Amount 7715 Taxable Value 166560 Total Expenses 8900 Total Tax Amount 9204 Water Public Water Winter Tax Amount 1489 Zoning Multi-Family

Listing courtesy of ERA Prime Real Estate Group : 248-474-3303.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-16T06:52:34.827.
 
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5400 Gateway Center Ste B
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