406 W Twelve Mile Rd, Royal Oak, MI, 48073
About This Home
Charming two unit multifamily in prime Royal Oak, minutes to downtown dining, shopping, parks, and quick access to Woodward and 696. Ideal house hacking opportunity with privacy. Classic early 1900s two story colonial style design with a steep gable roofline, clean siding, bright white trim, and a welcoming covered front porch. Upper unit is vacant and offers a spacious one bedroom with great natural light, hardwood floors, and updated kitchen and bath. Lower unit is a two bedroom currently rented at 1250 per month with a current tenant. Plenty of parking in back.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Foundation: Basement,Block
- Construction materials: Aluminum Siding
Notable Dates
- Major remodel year: 2010
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,400
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Units
Interior Area
- Total interior livable area: 1,400 sqft
Property
Details
- Parcel number: 2509481019
- Zoning description: MultiFamily, Residential
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 40 x 137.49
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 | $1,441 | $17,292 |
| Home Insurance * | $88 | $1,056 |
| Property Taxes | $296 | $3,552 |
| Electricity | $188 | $2,259 |
| Total | $2,013 | $24,156 |
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 |
|---|---|---|
| 2026-02-06 | Price change | $315,000 |
| 2024-08-05 | Price change | $325,000 |
| 2024-07-09 | Price change | $330,000 |
| 2024-06-03 | Price change | $340,000 |
| 2024-05-10 | Listed for sale | $350,000 |
| 2024-04-25 | Listing removed | -- |
| 2024-04-21 | Listing removed | -- |
| 2024-04-19 | Listed for sale | $350,000 |
| 2024-04-13 | Price change | $1,150 |
| 2024-04-12 | Listed for rent | $1,200 |
| 2020-03-31 | Sold | $215,000 |
| 2018-01-11 | Listing removed | $950 |
| 2017-10-24 | Listed for rent | $950 |
| 2017-08-17 | Listing removed | $850 |
| 2017-08-01 | Listed for rent | $850 |
| 2016-03-24 | Listing removed | $895 |
| 2016-02-02 | Listed for rent | $895 |
| 1998-01-30 | Sold | $119,000 |
| 1996-05-13 | Sold | $103,000 |
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