$2,600,000
3915 devon, royal oak, MI 48073
Property Description
Devon Street Apartments is a fully stabilized, 14-unit apartment building located in the desirable community of Royal Oak, Michigan. The property features 14 units. Of the 14 units 10 of them are one bed one bath (3 of those are Loft), 3 two bed one bath, and 1 three bed one bath. The property has 28 off street dedicated parking spaces for tenants. The property is 100% occupied, generating a gross monthly income of over $17,900. Over the last few years, the Devon Street Apartments have undergone an extensive transformation, with every unit receiving upgraded kitchens, bathrooms, flooring, and modern fixtures. These high-end renovations allow the property to command premium rents in the Royal Oak market while ensuring low operational costs and minimal deferred maintenance for ownership. With its strong occupancy, renovated units, and close proximity to Royal Oak and Birmingham, The Devon Street Apartments offers a rare combination of stability and upside potential in a prime location
General Information
Price: $2,600,000
Price/SqFt: $265
Status: Active
MLS#: 20261006674
City: royal oak
Post Office: royal oak
Schools: royal oak
County: Oakland
Lot Dimensions: 100x50
Bedrooms:0
Bathrooms:15 (14 full, 14 half)
Size: 9,800 sq.ft.
Acreage:
Year Built: 1953
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Block, Brick, Wood
Basement: 0
Heating: Baseboard, Hot Water
Heating: Baseboard, Hot Water
Tax, Fees & Legal
Est. Summer Taxes: $18,000
Est. Winter Taxes: $2,577
Est. Winter Taxes: $2,577
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2026 Realcomp II Ltd. Shareholders Listing By: Brady Williams of Greater Development LLC, Phone: (313) 209-2900





