$500,000

523 E 3rd St Royal Oak, MI 48067

$5,938
Closing credit¹
4 beds
2 full
1,883 sqft
0.1 acres
$266 / sqft
House

Property details

About 523 E 3rd St

Amazing house walking distance to downtown Royal Oak. This 4 bed 2 bath bungalow is currently used as an investment property. This is a great opportunity for an owner occupant looking for their next house in Royal Oak or for an investor looking to add to their portfolio.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,883 sqft
BasementYes
Lot size0.15 Acres
Year built1920
ParkingOne Car Garage, Detached
MLS #20240070577
Garage1 space

Summary

  • MLS Number: 20240070577
  • MLS Name: Realcomp II Ltd
  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

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: 3/9/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style home featuring a front lawn, covered porch, an outdoor structure, and a garage

$500,000

523 E 3rd St

$5,938

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$188,270$5,415
2020$145,920$5,344
2018$133,860$5,569
2017$133,860$5,100

History based on county public records data.

Nearby schools

6

Keller Elementary School

Public District KG-5

1.2 mi

1505 N Campbell Rd

6

Oakland Elementary School

Public District KG-5

1.3 mi

2415 Brockton Ave

7

Northwood Elementary School

Public District KG-5

1.4 mi

926 W 12 Mile Rd

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 $44,190. Residents of Royal Oak, MI typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

44%
<35k
31%
35k-100k
23%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

74%
Single, No Kids
3%
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?

8%
<11 yrs old
3%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Royal Oak, MI

About 523 E 3rd St

This home is located at 523 E 3rd St in Royal Oak, MI and zip code 48067. This 1,883 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $500,000.

Over 26 listings were sold over their listed price in February 2025 in Royal Oak, MI. In the same period over 29 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Royal Oak, MI between January and February 2025 increased by 10.6%. Listings spent 34 days on the market in February 2025, and had a median list price of $345,391 during the same period.

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

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