$359,900

1109 Catalpa Drive, Royal Oak, MI 48067

  • 2 baths |
  • 1,313 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $274/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Turnkey Royal Oak investment opportunity with immediate income! This fully occupied brick duplex is located just east of Woodward Avenue and a 10 minute walk down Catalpa to Trader Joe's, in one of Royal Oak's most desirable rental markets. Both tenants recently signed new one-year leases extending through July 2027, providing stable cash flow from day one. The property currently generates $2,635 per month ($31,620 annually) in gross rental income and features a desirable unit mix consisting of a spacious two-bedroom lower unit and a one-bedroom upper unit. The lower unit offers classic Royal Oak charm with hardwood floors, coved ceilings, built-in shelving, and an updated kitchen, while the upper unit features an open-concept layout with a nice sized bedroom and full bath. Additional features include a common basement with laundry facilities, separate water heaters, tenant storage, a fenced backyard, and off-street parking. The attractive brick exterior, strong rental location, and long-term lease security make this an excellent addition to an investment portfolio. Property is 100% occupied. Matterport virtual tour available. Showings available only after accepted offer.

Listing Status:
Active
Date Added:
February 19, 2026
Data Last Updated:
July 5, 2026 at 12:45AM
Listing Office:
National Realty Centers, Inc : 248-724-1234
Listing Agent:
Eric Oesterle : 734-223-2900
MLS ID:
60970665
  • Appliances: Gas Water Heater
  • Laundry: Common Area
  • Basement: BlockCommonExterior Entry
  • A/C: Central Air
  • Heating: Forced Air
  • Style: Bungalow
  • Other Structures: PorchPatio
  • Parking: LightedOn Street
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Royal Oak Neighborhood Schools
  • County: Oakland
  • Zoning: T1NR11ESEC 16 CATALPA PARK SUB LOT 66
  • Fencing: Fenced
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Eric Oesterle , National Realty Centers, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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