802 S Lafayette Ave Royal Oak, MI 48067
Estimated payment $3,184/month
Highlights
- Corner Lot
- Cooling Available
- Forced Air Heating System
- Northwood Elementary School Rated A-
- Laundry Room
- High Speed Internet
About This Home
Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property offers 1,650 sq ft with two separate units, each with its own private entrance. The lower flat features a spacious 1-bedroom layout, while the upper unit offers 2 bedrooms. Both units have updated kitchens and bathrooms, rear deck porches, and access to shared on-site laundry. Dedicated on-site parking adds convenience for tenants. Located just minutes from downtown Royal Oak's restaurants, shops, and nightlife, this property is ideal for investors or owner-occupants looking to generate rental income in a highly desirable location.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,841
Year Built
- Built in 1904
Lot Details
- 5,184 Sq Ft Lot
- Lot Dimensions are 43x120
- Corner Lot
Home Design
- Brick Exterior Construction
- Composition Roof
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Natural Gas Connected
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Building Details
- Insurance Expense $943
- Maintenance Expense $474
- Operating Expense $1,417
- Gross Income $44,218
- Net Operating Income $42,801
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,684 | $158,690 | $0 | $0 |
| 2024 | $5,577 | $145,720 | $0 | $0 |
| 2022 | $6,082 | $131,250 | $0 | $0 |
| 2020 | $5,379 | $110,950 | $0 | $0 |
| 2018 | $6,082 | $92,330 | $0 | $0 |
| 2017 | $4,021 | $92,330 | $0 | $0 |
| 2015 | -- | $85,040 | $0 | $0 |
| 2014 | -- | $73,740 | $0 | $0 |
| 2011 | -- | $70,490 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Price Changed | $490,000 | -2.0% | -- | |
| 03/04/2026 03/04/26 | For Sale | $500,000 | 0.0% | -- | |
| 09/19/2023 09/19/23 | Rented | $1,400 | -6.7% | -- | |
| 07/27/2023 07/27/23 | For Rent | $1,500 | +7.1% | -- | |
| 03/26/2018 03/26/18 | Rented | $1,400 | -9.7% | -- | |
| 03/26/2018 03/26/18 | Under Contract | -- | -- | -- | |
| 02/01/2018 02/01/18 | Price Changed | $1,550 | -3.1% | $2 / Sq Ft | |
| 01/10/2018 01/10/18 | Price Changed | $1,600 | -3.0% | $2 / Sq Ft | |
| 11/30/2017 11/30/17 | For Rent | $1,650 | 0.0% | -- | |
| 04/10/2017 04/10/17 | Sold | $320,000 | -8.6% | $194 / Sq Ft | View Prior Sale |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- | |
| 02/18/2017 02/18/17 | For Sale | $350,000 | +63.6% | $212 / Sq Ft | |
| 03/10/2015 03/10/15 | Sold | $214,000 | -2.7% | $144 / Sq Ft | View Prior Sale |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- | |
| 02/11/2015 02/11/15 | For Sale | $219,900 | -- | $148 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | First American Title Insuran | |
| Warranty Deed | $214,000 | Chirco Title Agency Inc | |
| Warranty Deed | -- | Chirco Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Source: MichRIC
MLS Number: 26007965
APN: 25-21-407-037
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Information is deemed reliable but not guaranteed.
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