USAMIRoyal OakMeadow Park Add307 S Laurel St

$389,900

For Sale

21 days ago

307 S Laurel St, Royal Oak, MI

Name: 307 S Laurel St, For Sale in Royal Oak - eXp Realty
Brand: Real Estate One-Clinton Twp
SKU: 20261064729
Price: 389900 USD

House

MLS® 20261064729

0 Bed

3 Bath

2111 sqft

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2111 sqft

Garage

Taxes $5,525

Days Active 4

Lot Size 0.08 Acres

Approx. Age 1917

Avg. Price Per Sqft $184

MLS® Number 20261064729

Property Address: 307 S Laurel St, Royal Oak, MI, 48067-2428

Average square foot calculated using Size range provided by listing agent.

Description

Charming 3 Unit Income Producing Multifamily in the Heart of Royal Oak! Discover a fantastic investment opportunity just blocks from downtown Royal Oak! This charming Craftsman-style multi family home offers timeless character, generous living space, & excellent income-producing potential w/ 3 separate units, each featuring its own private entrance & appliances. The main-floor unit welcomes you w/ a spacious, light-filled living area showcasing beautiful hardwood floors & abundant natural light. The kitchen features ceramic flooring, ample cabinetry & counter space, a convenient eat-in area. The main level has washer/dryer hookup. Two generously sized bedrooms provide plenty of closet space, while the updated bathroom features a new vanity, toilet, fixtures, & refreshed shower tile. The second-floor unit offers 2 bedrooms w/ deep closets & additional storage, along with a comfortable kitchen featuring an eat-in area & a stackable washer/dryer. The updated bathroom includes a new vanity, flooring, & refreshed shower area.The lower-level unit is a cozy studio with an open-concept kitchen and living area, a full bathroom with stand-up shower, and its own washer and dryer. A split heating/cooling system (2022) provides added comfort.Recent improvements include two new furnaces & A/C (2017) serving the first & second-floor units, along w/new electrical panels, offering added peace of mind for the next owner. Outside, enjoy a classic covered front porch, a quiet residential setting, private entrances for all three units, rear parking, and additional street parking. With its desirable location near downtown Royal Oak, shopping, restaurants, entertainment, and major commuter routes, this property offers an excellent opportunity for an investor seeking multiple income streams or an owner-occupant looking to offset their mortgage w/ rental income. Three units all seperate meters. Multiple income opportunities. Prime Royal Oak location!!

MLS® Number20261064729

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1917

BasementFinished

Driveway

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 14, 2026List Date

$389,900List Price

Commute

Commute

Starting Address

Destination Address

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