LKV Realty
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$449,888
$2,150Reward *
1027 E 5th Street, Royal Oak, MI 48067Listing ID 61018735

1027 E 5th Street, Royal Oak, MI 48067

Active
Fourth Avenue Sub
Time on site: 5 daysLast updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,250
Acres
Acres
0.12
Days on Site
Days on Site
5
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1925
Stories
Stories
1

Opportunities like this don't come around often! This charming Arts & Crafts-style duplex is just a short walk from vibrant downtown Royal Oak, offering the perfect blend of character, updates, and investment potential. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity. The spacious lower unit features timeless charm with hardwood floors, a natural fireplace, stunning arched doorways, original woodwork and doors, and a large enclosed front porch. Offering 2 bedrooms and 1 full bath, this unit also includes one garage space, private washer and dryer in the shared basement, and dedicated storage. The updated upper unit offers 1 bedroom and 1 full bath with hardwood floors, a beautifully remodeled kitchen featuring granite countertops, custom cabinetry, stainless steel appliances, and high-end fixtures. The updated bathroom includes a tiled shower and vanity with additional storage. This unit also has assigned parking, private washer and dryer in the shared basement, and dedicated storage. Major updates include new siding (2023), roof (2006), back porch and balcony (2011), and lower unit tub surround (2010). Located just minutes from downtown Royal Oak's restaurants, shopping, entertainment, parks, and major freeways, this well-maintained duplex offers strong rental appeal in one of Metro Detroit's most sought-after communities.

Property Information

Property Details

Location

Address
1027 E 5th Street
County
Oakland
City
Royal Oak
Zip Code
48067
Subdivision
Fourth Avenue Sub
School District
Royal Oak Neighborhood Schools
MLS Area
Royal Oak (63251)
Good Company, (248) 733-5811

Interior Features

Beds and Baths

Full Bathrooms
2

Building

Building Information

Square Feet
1,250
Year Built
1925
Stories
1
Construction
Brick, Vinyl Siding
Foundation
Basement

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$8,224

Market Report for 48067

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

RC318904