1507 E 5th St

Royal Oak MI 48067

2321 sq. ft.

0.11 ac.

Single-Family

Last sold for $385,000

Alexandra Lannen, last sold this property on 10 April 2026 after 42 days on market.

Overview

WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree-lined block in one of Royal Oak's most desirable neighborhoods, this colonial offers the rare opportunity to enjoy true walkability to dining, shopping, parks, nightlife, and year-round events - all while maintaining privacy and a peaceful setting. Set away from the street, this inviting home blends charm, functionality, and value in a way that's hard to find at this price point. Inside, you'll find a thoughtfully designed, expanded layout featuring two full bathrooms above grade, a true second level, and a first-floor laundry room - rare offerings in the area. The spacious kitchen features granite countertops, maple cabinetry, hardwood floors, and a peninsula with seating. The kitchen flows seamlessly into the dining area with direct access to the backyard deck - ideal for entertaining or everyday living. The flexible floor plan includes a main-level bedroom ideal for a home office, den, or guest space, while upstairs bedrooms are generously sized and filled with natural light. Additional highlights include a detached garage, immaculate basement for storage, and a private backyard setting that feels tucked away, yet just moments from the energy of downtown. If you've been waiting for an affordable opportunity to live within walking distance to everything Royal Oak has to offer - without compromising on space, layout, or convenience - this is it.

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

2321 sq. ft. floor area

0.11 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Royal Oak over the last 12 months, the estimated median property value of 1507 E 5th St is $360k.

Median value

$360k

Estimated value range

$160k - $1.21m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Royal Oak. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.