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1125 S Lafayette Avenue
$390,000

1125 S Lafayette Avenue

3 Baths 1,915 Sq.Ft. 5,662.8 Sq.Ft.

Description

This three-unit property in Royal Oak is the perfect opportunity for investors or developers! Located just minutes from downtown and close to Woodward, this property offers convenient access to freeways, shopping, dining, parks, and all the amenities Royal Oak has to offer.
The property features three separate units, including a one-bedroom, one-bath unit in the basement and another one-bedroom, one-bath unit on the first floor. The third unit offers a spacious first-floor living area, with two generously sized bedrooms and a full bath upstairs. Recent updates include a newer hot water heater and boiler.
With established tenants, a beautiful large lot, and a prime location, this property offers excellent investment potential, including renovating for a bigger ROI and rent opportunities and also perfect for a future development. It could also be purchased in tandem with 1119 S. Lafayette next door, creating an exciting opportunity for a larger development or multiple investments. Don't miss the opportunity to explore all this property has to offer!

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Location

1125 S Lafayette Avenue, Royal Oak City Oakland, Michigan 48067

Status

Sold

Date Sold

September 22, 2026
Kate DeCavitte

Kate DeCavitte

TITLE

Real Estate Advisor | Plymouth & Northville Area

Katie Kutscher

Katie Kutscher

TITLE

Real Estate Advisor | Woodward Corridor

Property Amenities

Interior
Full Bathrooms: 3
Area & Lot
Lot Area 5,662.8 Sq.Ft.
Living area 1,915 Sq.Ft.
MLS® ID 20261066992
Year Built 1911
School District RoyalOak
Architecture Styles Other
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Heat type Forced Air, Natural Gas
Water Source Public
Sewer Public Sewer
Roof Asphalt
Finance
Sales Price $390,000
Real Estate Tax $6,201 yearly

Royal Oak

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