513 E Farnum Ave, Royal Oak, MI 48067

$625,000 Asking Price

4 beds

3 baths

1,888 sqft

Built in 1925

Welcome to one of the more unique properties in Royal Oak. 2 houses on 1 parcel. Live in the main home while renting or Airbnb your back house. Main house is a 4 bed 2.5 bath Colonial with a big front porch. The 2nd home in the back is a small 1 bed 1 bath home that's currently tenant occupied. Perfect location for an investor looking to add to their portfolio or any owner occupancy looking to house hack.

Listing Status:: Active
Date Added:: September 23, 2024 — 118 days ago
Listing Office:: Good Company, Jim Shaffer (614-831-1720)
Office Phone:: 248-733-5811
MLS ID:: 60341783

Features & Amenities

Interior

Basement:: Unfinished
Heating:: Natural Gas, Forced Air

Exterior

General:: Aluminum,Vinyl Siding
Style:: Other

Construction

General:: 2 Story, Basement

Location

Road/Access:: Paved Street
Originating MLS:: RealComp
School District:: Royal Oak Neighborhood Schools
County:: Oakland

Lot

Zoning:: T1N, R11E, SEC 15 ASSESSOR'S PLAT NO 2 LOT 122, 2515332027

Utilities

Water:: Public Water
Sewer:: Public Sanitary

Financial

Source:: RealComp

This listing courtesy of:
Good Company, Jim Shaffer

About Royal Oak, MI

Housing

Number of Units: 30,868
Median Home Value: $247,736
Median Rent: $1,045

34.24% of housing units are renter occupied.

6.03% are vacant.

Commute

Car: 64.18%
Public Transportation: 0.15%
Walk to Work: 1.27%
Work from Home: 34.11%
Other: 0.14%

The median travel time to work is 18 minutes.

People

Population: 57,250
Median Age: 37.10
Median Household Size: 2.28

Education

High School: 13.95%
Associate’s Degree: 6.68%
Bachelor’s Degree: 37.53%
Graduate Degree: 23.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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513 E Farnum Ave, Royal Oak, MI 48067

$625,000 Asking Price