241 Girard Ave Royal Oak, MI 48073
Property details
About 241 Girard Ave
INVESTMENT OPPORTUNITY: Charming Four-Unit Multi-Family in Prime Royal Oak Location Outstanding Passive-Income opportunity just blocks from the heart of vibrant Downtown Royal Oak! This well-maintained four-unit property includes (3, ONE-bedroom units) and (1, spacious TWO-bedroom unit, all with a strong past rental history and excellent income potential. 5th unit possibility in the large walk-in attic presents a fantastic value-add opportunity--ideal for creating a ONE-bedroom additional studio apartment or expanding existing living space. Nestled on a quiet, tree-lined street, this property offers the perfect blend of immediate cash flow and long-term appreciation.
Highlights
Summary
- Basement: Yes
- Parking: Paved
- Heating: Forced Air, Natural Gas
- Cooling: Window Unit(s)
- List Price: $649,900
- Annual Tax Amount: $3,041
- Tax Year: 2024
- Directions: Located just a Few blocks north of 12 Mile Road, between Main Street and S. Rochester Road.
- Year Built: 1926
- Lot Size: 0.12 Acres
- MLS Number: 81025018683
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Brikho Properties
- Office Phone: (248) 835-2303
- Listing Agent: Jeffrey Brikho
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Last updated on: 5/1/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,900
241 Girard Ave
$7,718
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 08, 2024 | Home Sold | $570,000 |
| Apr 29, 2003 | Home Sold | $229,600 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $173,470 | $3,041 |
| 2020 | $94,080 | $3,001 |
| 2018 | $80,560 | $3,387 |
| 2017 | $80,560 | $2,865 |
History based on county public records data.
Nearby schools
6
Oak Ridge Elementary School
Public District KG-5
0.4 mi
•506 E 13 Mile Rd
9
Lessenger Elementary School
Public District KG-5
0.9 mi
•30150 Campbell Rd
7
Northwood Elementary School
Public District KG-5
0.9 mi
•926 W 12 Mile Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,953. The most common annual income of people living in Royal Oak, MI is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Tennis- Men's Tennis
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Chipotle
What do the neighbors drive?
BMW
Volvo
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
Frequently asked questions
Living in Royal Oak, MI
Transportation options in Royal Oak include a network of roads and highways that connect residents to the greater Oakland area and beyond. Public transit is available, with bus services facilitating local and regional travel. The city is also bike-friendly, with several paths and lanes designated for cyclists. While specific ride-share services are operational in the area, the city's walkable downtown core is particularly appealing to those who prefer to navigate on foot.
The community is served by a well-rounded selection of services, including public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and nearby hospitals that offer a variety of medical services. Royal Oak's public library system is active, providing resources and programming for residents of all ages. Retail and dining options reflect the local culture, with a blend of independent boutiques and eateries alongside well-known chains.
Royal Oak prides itself on a vibrant community spirit and a lively downtown area. The city is celebrated for its array of festivals, including the annual Arts, Beats and Eats Festival, which showcases the community's commitment to culture and entertainment. The neighborhood's character is further defined by its eclectic mix of shops, restaurants, and entertainment venues, which contribute to its reputation as a desirable place to live.
Royal Oak's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses. The architectural styles in the area range from charming bungalows and classic colonials to contemporary new constructions. Single-family homes are the most prevalent, providing a suburban feel within a city setting. The homeownership rate in Royal Oak is robust, with a significant portion of residents owning their homes, while the remainder of the population enjoys the flexibility of renting.
About 241 Girard Ave
This home is located at 241 Girard Ave in Royal Oak, MI and zip code 48073. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $649,900.
Over 29 listings were sold over their listed price in March 2025 in Royal Oak, MI. In the same period over 33 listings were sold below the listed price and 16 listings were sold for the listed price. The inventory of homes for sale in Royal Oak, MI between February and March 2025 increased by 22.7%. Listings spent 27 days on the market in March 2025, and had a median list price of $345,442 during the same period.