4811 Briarwood Ave Royal Oak, MI 48073
Property details
About 4811 Briarwood Ave
Investment Opportunity: Multi-Unit Property at 4811 Briarwood Ave Discover this well-maintained three-unit property nestled in the desirable area of Royal Oak, MI. Spanning 2,280 sq. ft., this fully rented building is an excellent opportunity for investors looking to acquire an income-generating asset. Unit Configuration: One spacious 2-bedroom, 1-bath unit, perfect for families or those seeking extra space. Two charming 1-bedroom, 1-bath units, ideal for singles or couples seeking cozy living. Fully Rented: All units are currently occupied, providing immediate rental income and minimizing vacancy risk. Location Benefits: Situated in a vibrant neighborhood with easy access to local amenities, shops, parks, and public transportation, enhancing the appeal for prospective tenants. Investment Potential: This property presents a fantastic opportunity for both seasoned investors and first-time buyers looking to enter the rental market. Don’t miss out on the chance to own this income-generating multi-unit property in Royal Oak. Schedule a viewing today and explore the potential this investment holds! Updates Include: New sprinkler system in 2020, hot water tank, vanity, new hard wood floors in the 1 bed downstairs, new toilet, gutter guards.
Highlights
Summary
- Full Bathrooms: 3
- Basement: Yes
- Attached Garage: No
- Architectural Style: Colonial, Duplex, Other
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $499,900
- Price/SqFt: $219
- Annual Tax Amount: $6,668
- Tax Year: 2024
- Directions: head north on southfield rd from 696 turn right heading easy on 14 mile. take down passing over woodward to briarwood ave turn heading north.
- Year Built: 1963
- Living Area: 2,280 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 20250028817
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Chris W Murphy
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,900
4811 Briarwood Ave
$5,936
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 20, 2019 | Home Sold | $315,500 |
Mar 28, 2013 | Home Sold | $160,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $147,880 | $6,668 |
2020 | $117,240 | $4,726 |
2018 | $97,560 | $6,857 |
2017 | $97,560 | $4,511 |
History based on county public records data.
Nearby schools
6
Alfred E. Upton Elementary School
Public District KG-5
0.6 mi
•4400 Mandalay Ave
5
Paul a Schalm School
Public District KG-5
1.0 mi
•940 N Selfridge Blvd
6
Kenwood Elementary School
Public District PK-5
1.1 mi
•240 Nahma Ave
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 $33,000. Typical income of Royal Oak, MI residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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 4811 Briarwood Ave
This home is located at 4811 Briarwood Ave in Royal Oak, MI and zip code 48073. This 2,280 square foot home, which was built in 1963, sits on a 0.19 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $499,900.
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 number of homes for sale in Royal Oak, MI increased by 22.7% between February and March 2025. In March 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $345,442.