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16411643 Fairview Avenue

Royal Oak MI 48073

3
850 sq. ft.
0.23 ac.
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to acquire a fully occupied side-by-side duplex in one of Metro Detroit's most desirable rental markets. Located at 1641-1643 Fairview Ave in Royal Oak, this income-producing property offers immediate cash flow with separate meters and separate mechanical systems for each unit. Unit 1641 features 2 bedrooms, 1 full bath, and approximately 850 sq ft, while Unit 1643 offers 2 bedrooms, 2 full baths, and approximately 950 sq ft. Both units include finished basements, providing additional living, recreation, and storage space. Recent improvements include beautifully updated bathrooms with modern vanities and contemporary finishes, renovated kitchens with new cabinetry and appliances, and fresh paint throughout both units. Ideally situated just minutes from Downtown Royal Oak, Corewell Health William Beaumont University Hospital, Woodward Avenue, major freeways, shopping, dining, entertainment, and local parks, this property benefits from strong tenant demand and exceptional convenience. With no HOA and no rent control restrictions, this well-maintained duplex presents an excellent opportunity for investors seeking immediate income and long-term investment potential in a highly desirable Royal Oak location.

Features

3 bathrooms
850 sq. ft. floor area
0.23 ac. lot size
Multi-Family

Happy sellers in Royal Oak

95%
95% of sellers in Royal Oak reported that their sale price either exceeded or met their price expectations.

Royal Oak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Royal Oak over the last 12 months.

Local market activity for multi families in Royal Oak

In the last 12 months, 3 multi families similar to 16411643 Fairview Avenue, have been sold.

This represents a 40% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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