Property Type:
Multi Family
Lot Size (sq. ft.):
5,184
Status:
Active
Current Price:
$500,000
List Date:
3/04/2026
Last Modified:
3/04/2026
802 S Lafayette Avenue, Royal Oak, MI 48067
New Listing
$500,000
Description
Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deck porches, and access to shared on-site laundry. Dedicated on-site parking adds convenience for tenants. Located just minutes from downtown Royal Oak's restaurants, shops, and nightlife, this property is ideal for investors or owner-occupants looking to generate rental income in a highly desirable location.
More Information MLS# 26007965
Location & Property Info
Cross Streets: Lafayette and Lincoln
Property Sub-Type: 2 to 4 Units
Municipality: Royal Oak City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 303.03
General Property Info
New Construction: No
Lot Dimensions: 43x120
Road Frontage: 43
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1650
Total Parking Spaces: 4
School District: Royal Oak
Lot Measurement: Acres
Lot Square Footage: 5184
Lot Acres: 0.12
Year Built: 1904
Tax Info
Taxable Value: 123780
SEV: 158690
For Tax Year: 2025
Seller's Annual Property Tax: 6840.56
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Tax ID #: 25-21-407-037
Remarks & Misc
Public Remarks: Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deck porches, and access to shared on-site laundry. Dedicated on-site parking adds convenience for tenants. Located just minutes from downtown Royal Oak's restaurants, shops, and nightlife, this property is ideal for investors or owner-occupants looking to generate rental income in a highly desirable location.
Legal: T1N, R11E, SEC 21 A DONDERO'S SUB LOT 37
Lot Description
Corner Lot: 1
Income and Expenses
Annual Insurance: 943
Annual Maintenance: 474
Annual Mgmt. Fees: 0
Annual Utilities: 0
Gross Op. Inc.: 44217.83
Net Operating Income: 42800.83
Operating Expense: 1417
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
High Speed Internet: 1
Phone Available: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Gas Dryer Hookup: 1
In Basement: 1
Laundry Room: 1
Washer Hookup: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Concrete: 1
Paved: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 1 Bedroom Flat Lower
SqFt: 825
Occupied: Yes
Monthly Rent: 1400
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Unit 2 Upper 2 Bed
SqFt: 825
Occupied: Yes
Monthly Rent: 1600
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Oakland
Street #: 802
Street Direction: S
Street Name: Lafayette
Suffix: Avenue
State: MI
Zip Code: 48067
Zip (4): 3125
OfficeContract Info
Status: Active
Current Price: $500,000
List Price: $500,000
Listing Date: 2026-03-04
Remarks Misc
Directions: Located on the corner of Lafayette and lincoln
Property Features
Laundry Features: Common Area; Gas Dryer Hookup; In Basement; Laundry Room; Washer Hookup
Exterior Material: Brick
Roofing: Composition; Other
Substructure: Full
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; High Speed Internet; Phone Available
Extras: Sep Electric Meter
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Concrete; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Deck/Patio; Dishwasher; Range/Oven; Refrigerator; Sep. Heat System
Listing Office:
Elementary Homes, LLC.
Listing Agent:
Michael Nawrocki
Last Updated: March - 04 - 2026
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