Accepting backups

$900,000

500 Romeo Rd, Rochester, MI 48307

11beds

4,926sqft

Est.:

Multi Family

Built in 1964

-- sqft lot

$-- Zestimate^®

$183/sqft

$-- HOA

What's special

Across three buildingsWell-maintained complex

Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market—perfect for investors ready to grow fast. Please do not disturb tenants.

19 days

62

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 5
Full bathrooms: 6

Heating

Baseboard, Natural Gas

Cooling

Wall Units

Appliances

Laundry: In Unit, Laundry Room

Features

Basement: Common,Partially Finished
Has fireplace: No

Interior area

Total interior livable area: 4,926 sqft
Finished area above ground: 4,926

Property

Parking

Parking features: Parking Lot

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 2.88 Acres

Details

Parcel number: 1511330040
Zoning description: Residential
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1964
Major remodel year: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Other

Community & HOA

Community

Subdivision: ROCHESTER VILLAGE CONDO

Location

Region: Rochester

Financial & listing details

Price per square foot: $183/sqft
Tax assessed value: $166,120
Annual tax amount: $8,376
Date on market: 2/9/2026
Cumulative days on market: 19 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Warranty Deed

Estimated market value

Not available

Estimated sales range

Not available

$1,155/mo

Price history

Date	Event	Price
2/15/2026	Pending sale	$900,000$183/sqft
Source: BHHS broker feed #20251060458 Report a problem
2/9/2026	Listed for sale	$900,000+643.8%$183/sqft
Source: Realcomp II #20251060458 Report a problem
5/7/2024	Listing removed	--
Source: Zillow Rentals Report a problem
4/27/2024	Listed for rent	$1,275+10.9%
Source: Zillow Rentals Report a problem
7/19/2023	Sold	$121,000+37.7%$25/sqft
Source: Agent Provided Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
9/16/2020	Listing removed	$87,900$18/sqft
Source: Owner Report a problem
8/13/2020	Listed for sale	$87,900-31.9%$18/sqft
Source: Owner Report a problem
7/9/2019	Listing removed	$1,150
Source: Real Living Kee Realty-Rochester #219059021 Report a problem
7/8/2019	Listing removed	$129,000$26/sqft
Source: Real Living Kee Realty-Rochester #219058996 Report a problem
6/19/2019	Price change	$129,000+7.5%$26/sqft
Source: Real Living Kee Realty-Rochester #219058996 Report a problem
6/18/2019	Listed for rent	$1,150
Source: Real Living Kee Realty-Rochester #219059021 Report a problem
3/29/2019	Listed for sale	$120,000+64.4%$24/sqft
Source: Real Living Kee Realty-Rochester #219027422 Report a problem
11/10/2015	Sold	$73,000+46%$15/sqft
Source: MiRealSource #31262765 Report a problem
5/29/2014	Sold	$50,000+63.9%$10/sqft
Source: MiRealSource #31189667 Report a problem
11/20/2009	Sold	$30,500$6/sqft
Source: MiRealSource #171899 Report a problem