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925 E 2nd St, Royal Oak, MI, 48067

4beds
2baths
1,868sqft
$459,000
$246price/sqft
$3,171/moest. monthly cost
$126,840/yrincome needed

About This Home

Charming 1930s English Tudor-style multifamily home offering an excellent investment opportunity or there's the opportunity for an owner occupant as well! This tenant-occupied property features two separate units, each with 2 bedrooms and 1 bathroom, with the upper unit currently available for lease. Inside, you’ll find beautifully maintained hardwood floors throughout, updated interiors, and an abundance of natural light that creates a warm and inviting atmosphere. Enjoy the large private backyard surrounded by greenery and the location within walking distance to the entertainment and dining that Downtown Royal Oak offers. A rare chance to own a classic Tudor duplex with timeless character and strong income potential.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

7/10
Keller ElementaryGrades PK-51.0 mi
7/10
Royal Oak Middle SchoolGrades 6-80.8 mi
9/10
Royal Oak High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,868

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans

Interior Area

  • Total interior livable area: 1,868 sqft

Property

Details

  • Parcel number: 2522201018
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 50 x 126.96

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,320$27,840
Home Insurance *$170$2,040
Property Taxes $478$5,736
Electricity $203$2,445
Total$3,171$38,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,720/yr
40% on housing$95,130/yr
45% on housing$84,560/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 48067$233
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48067$261
Oakland County$192

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

DateEventPrice
2026-03-05Price change$485,000
2026-02-12Listed for sale$500,000
2025-03-18Listing removed$1,750
2025-02-03Price change$1,750
2025-01-13Listed for rent$1,850
2024-11-08Listing removed$1,895
2024-10-23Price change$1,895
2024-10-07Listed for rent$2,000
2024-07-25Sold$415,000
2024-07-10Pending sale$425,000
2024-06-13Listed for sale$425,000
2021-03-24Listing removed--
2010-10-18Listing removed$875
2010-10-07Price change$875
2010-10-05Listed for rent$900
2004-03-18Sold$263,000

For Sale by Agent

AgentRobert J Herzog
BrokerageREALTEAM Real Estate

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