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.
For sale
$470,000
506 W Twelve Mile Rd, Royal Oak, MI 48073
4beds
2,388sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$457,400 Zestimate®
$197/sqft
$-- HOA
What's special
Fenced yardHardwood floors throughoutNewer energy-efficient windowsUpdated kitchensAll appliances included
- 55 days |
- 842 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: February 20, 2026 at 04:18am
Listed by:
Donna O'Neill 313-881-5266,
Real Estate One GPF 313-884-0600
Source: Realcomp II,MLS#: 20261006323
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
Video & virtual tour
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: 56 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$457,400
$435,000 - $480,000
$1,883/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Listed for sale | $470,000+40.3%$197/sqft |
Source:  Realcomp II #20261006323 Report a problem | ||
| 8/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/24/2023 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/1/2023 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2021 | Sold | $335,000-14.1%$140/sqft |
Source: Public Record Report a problem | ||
| 7/30/2020 | Listing removed | $390,000$163/sqft |
Source: Max Broock #2200031812 Report a problem | ||
| 7/29/2020 | Listed for sale | $390,000+178.6%$163/sqft |
Source: Max Broock #2200031812 Report a problem | ||
| 12/23/2011 | Sold | $140,000-9.7%$59/sqft |
Source: Public Record Report a problem | ||
| 9/24/2011 | Price change | $155,000-6.1%$65/sqft |
Source: Northville Business Center #211050449 Report a problem | ||
| 7/21/2011 | Price change | $165,000-2.9%$69/sqft |
Source: Keller Williams Farmington Hills #211050449 Report a problem | ||
| 5/13/2011 | Listed for sale | $170,000$71/sqft |
Source: Keller Williams Farmington Hills #211050449 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,875/mo
Principal & interest
$2350
Property taxes
$525
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Climate risks
Neighborhood: 48073
Nearby schools
GreatSchools rating
- 9/10Northwood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Royal Oak Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Royal Oak High SchoolGrades: 9-12Distance: 1.4 mi
Local experts in 48073
- Michigan
- Oakland County
- Royal Oak
- 48073
- 506 W Twelve Mile Rd
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