$499,900

4811 Briarwood Ave Royal Oak, MI 48073

$5,936
Closing credit¹
3 full
2,280 sqft
0.2 acres
$219 / sqft
Multi-Family

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

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,280 sqft
BasementYes
Lot size0.19 Acres
Year built1963
MLS #20250028817

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

IDXDisclaimer: 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.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

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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view of front of property with a front lawn and brick siding

$499,900

4811 Briarwood Ave

$5,936

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 20, 2019
Home Sold
$315,500
Mar 28, 2013
Home Sold
$160,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

54%
<35k
42%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
5%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
36%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NBA/WNBANBA/WNBA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks
  • Bob EvansBob Evans

What do the neighbors drive?

  • MazdaMazda
  • PontiacPontiac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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