AN INVESTMENT OPPORTUNITY & BUILDER’S DREAM WITH MULTI-MILLION DOLLAR POTENTIAL! Located on a corner lot in the Heart of Royal Oak, this .5 acre property is booming with potential for a multi-family, 11 unit new construction! The area is blazing hot, just like everything else on the Woodward Corridor, with multi-family buildings surrounding the property. This lot will need to be re-zoned from residential to multi-family. Call for more details.
This property is $450K more than the Median Sold Price in Royal Oak, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240073003
Listing Office:
Office Name: KW Domain
Office Phone: (248) 590-0800
Listing Agent: Joy E DiMaggio
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.
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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Kenwood Elementary School
240 Nahma Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
6
/10
Addams Elementary School
2222 W Webster Rd
Distance between this listing and this school1.00 miles
Public District Grades EE-5
6
/10
Alfred E. Upton Elementary School
4400 Mandalay Ave
Distance between this listing and this school1.03 miles
Public District Grades KG-5
Nearby Schools
7
/10
Clawson Middle School
150 John M Ave
Distance between this listing and this school1.18 miles
Public District Grades 5-8
5
/10
Royal Oak Middle School
709 N Washington Ave
Distance between this listing and this school2.30 miles
Public District Grades 6-8
6
/10
Anderson Middle School
3205 Catalpa Dr
Distance between this listing and this school2.42 miles
Public District Grades 6-8
Nearby Schools
8
/10
Royal Oak High School
1500 Lexington Blvd
Distance between this listing and this school0.30 miles
Public District Grades 9-12
4
/10
Clawson High School
101 John M Ave
Distance between this listing and this school1.16 miles
Public Magnet Grades 7-12
2
/10
Churchill Community Education Center
707 Girard Ave
Distance between this listing and this school1.75 miles
The neighbors living near this home have an average income of $52,407. Residents of Royal Oak, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Royal Oak, MI
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Royal Oak, MI.
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.
What is it like to live in Royal Oak, MI?
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.
Is it easy to get around Royal Oak, MI without a car?
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.
Transportation 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.
Frequently Asked Questions About 4122 Devon Rd
What is the listing price of this property?
The listing price of 4122 Devon Rd property is $795,000.
What type of property is this?
The property 4122 Devon Rd is land located in Royal Oak, Michigan, 48073.
Is this property for sale now?
Active Listing: 4122 Devon Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,416 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 14, 2021 for $280,000. (source: MLS/tax record).
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This home is located at 4122 Devon Rd in Royal Oak, MI and zip code 48073. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $795,000.
Royal Oak, MI housing market in October 2024 saw over 25 listings sold above listed price, more than 13 sold at listed price and over 39 sold below. Between September 2024 and October 2024, Royal Oak, MI real estate market has seen increase in the number of listings by 11.3%. In October 2024 median list price was $345,000 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.
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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