Back 219 West 12 Mile Road
Off Market

219 West 12 Mile Road

Royal Oak MI 48073

6
1950 sq. ft.
0.16 ac.
Multi-Family
Last sold for $492,000
Hassan ScheibHassan Scheib, last sold this property on 17 August 2026 after 19 days on market.

Overview

Investment Opportunity - Fully Leased Ranch-Style Triplex in Prime Royal Oak Location...Excellent opportunity to own a well-maintained, income-producing three-unit ranch-style triplex in the heart of Royal Oak. This property is fully occupied with stable tenants and generates $3,900 per month in rental income, offering immediate cash flow with upside potential through future rent increases...The property features two beautifully updated units with central air conditioning, in-unit washer and dryer, dishwashers, and newer furnaces, providing modern conveniences that attract and retain quality tenants. The third unit offers a functional layout with a dishwasher and newer water heater. Ranch-style living is highly desirable, with all units offering single-level convenience and low-maintenance living. Current rental breakdown: Unit A: $900/month (lease through April 2027) Unit B: $1,500/month (lease through October 2026) Unit C: $1,500/month (lease through July 2027) Located just minutes from downtown Royal Oak, shopping, restaurants, parks, and major freeways, this property combines a strong location with reliable income. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey triplex is an outstanding opportunity in one of Metro Detroit's most desirable rental markets. Start generating income from day one.

Features

6 bathrooms
1950 sq. ft. floor area
0.16 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Royal Oak over the last 12 months, the estimated median property value of 219 West 12 Mile Road is $392.5k.

Median value
$392.5k
Estimated value range
$315k - $492k
Median days on market
20
Estimated value trend
-15%
decrease 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.

Property history for 219 West 12 Mile Road

2026
Sold
$492,000
17 Aug 2026 by Hassan Scheib, of Own It Realty

Happy sellers in Royal Oak

100%
100% 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 3 reviews in Royal Oak over the last 12 months.

Local market activity for multi families in Royal Oak

In the last 12 months, 4 multi families similar to 219 West 12 Mile Road, have been sold.

This represents a 17% increase in multi families sales when compared to the previous 12 months.

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