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For sale
  • $470,000

    506 W Twelve Mile Rd, Royal Oak, MI 48073

    4beds
    2,388sqft
    : 
    Multi Family
    Built in 1952
    -- sqft lot
    $468,400 Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Fenced yardHardwood floors throughoutNewer energy-efficient windowsUpdated kitchensAll appliances included
    Turn-Key Brick Duplex Near Downtown Royal Oak! Well-maintained and updated multi-family property offering two spacious units, each with 2 bedrooms and 1 full bath, generous living and dining areas, and strong rental appeal. Features include hardwood floors throughout, updated kitchens and all appliances included. Upper unit offers newer neutral carpet and a private deck; lower unit includes an enclosed Florida room (not included in square footage). Major updates provide peace of mind: new roof (2019, full tear-off with lifetime warranty), newer energy-efficient windows, and new concrete driveway. Property offers separate utilities including two furnaces, two central A/C units, two hot water heaters, and separate washers and dryers. Additional highlights include a two-car garage with extra parking pad, fenced yard, large private basement storage areas, and owned security system. Excellent opportunity for owner-occupants or investors seeking a low-maintenance asset in a prime, high-demand Royal Oak location close to downtown amenities. Lease income projected.
    12 days
    |
    1,473
    |
    42
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 06, 2026 at 01:19am

    Listed by:

    Donna O'Neill 313-881-5266,

    Real Estate One GPF 313-884-0600

    Source: Realcomp II,MLS#: 20261006323MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,388 sqft
    • Finished area above ground: 2,088
    • Finished area below ground: 300

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50 x 134.43
    Details
    • Parcel number: 2509457014
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Other
    • Utilities for property: Above Ground Utilities

    Community & HOA

    Community
    • Subdivision: FOREST HEIGHTS
    Location
    • Region: Royal Oak

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $150,270
    • Annual tax amount: $8,414
    • Date on market: 2/5/2026
    • Cumulative days on market: 12 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value

    $468,400

    $445,000 - $492,000

    $1,925/mo

    Price history

    Price history
    DateEventPrice
    2/5/2026Listed for sale$470,000+40.3%$197/sqft
    Source: Realcomp II #20261006323 Report a problem
    8/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2023Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    5/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/1/2023Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,736/mo
    Principal & interest
    $2211
    Property taxes
    $525

      Climate risks

      Neighborhood: 48073

      Nearby schools

      GreatSchools rating

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