2041 N Main St, Royal Oak, MI, 48073
About This Home
Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio—complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit’s most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Foundation: Basement,Block
- Roof: Other,Rubber
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Common Entry Building,Quadruplex
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Common,Full,Interior Entry,Private Storage Locker,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 1
- Full bathrooms: 4
Features
- Finished area above ground: 4,580
Heating & Cooling
- Heating features: Hot Water,Natural Gas
- Cooling features: Ceiling Fans,Window Units
Interior Area
- Total interior livable area: 4,580 sqft
Property
Details
- Parcel number: 2509480013
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 10,018 sqft
- Lot size dimensions: 64 x 155
Parking
- Total spaces: 6
- Parking features: Assigned,Lighted,Parking Pad,Carport
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Tornado
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Oakland County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,074 | $84,888 |
| Home Insurance * | $434 | $5,208 |
| Property Taxes | $1,457 | $17,484 |
| Electricity | $499 | $5,994 |
| Total | $9,464 | $113,568 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,550,000 |
| 2007-11-07 | Sold | $260,000 |
View on Zillow