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$385,000 for Sale

1507 e 5th street, royal oak, MI 48067

Beds 3 Baths 2 1,432 Sqft 0.11 Acres 1 of 16
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Property Description
WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree-lined block in one of Royal Oak's most desirable neighborhoods, this colonial offers the rare opportunity to enjoy true walkability to dining, shopping, parks, nightlife, and year-round events - all while maintaining privacy and a peaceful setting. Set away from the street, this inviting home blends charm, functionality, and value in a way that's hard to find at this price point. Inside, you'll find a thoughtfully designed, expanded layout featuring two full bathrooms above grade, a true second level, and a first-floor laundry room - rare offerings in the area. The spacious kitchen features granite countertops, maple cabinetry, hardwood floors, and a peninsula with seating. The kitchen flows seamlessly into the dining area with direct access to the backyard deck - ideal for entertaining or everyday living. The flexible floor plan includes a main-level bedroom ideal for a home office, den, or guest space, while upstairs bedrooms are generously sized and filled with natural light. Additional highlights include a detached garage, immaculate basement for storage, and a private backyard setting that feels tucked away, yet just moments from the energy of downtown. If you've been waiting for an affordable opportunity to live within walking distance to everything Royal Oak has to offer - without compromising on space, layout, or convenience - this is it.
General Information
Sale Price: $385,000
Price/SqFt: $269
Est. Payments: $2,528
Calculate Payments Mortgage Rates
Status: Active
MLS#: 60972337
City: royal oak
Post Office: royal oak
Schools: royal oak neighborhood schools
County: Oakland
Subdivision: fourth ave
Acres: 0.11
Lot Dim: 45X105
Bedrooms:3
Bathrooms:2   (2 full, 0 half)
House Size: 1,432 sq.ft.
Acreage: 0.11 est.
Year Built: 1924
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:  15x11
Bedroom 2 :  12x11
Bedroom 3:  12x12
Bedroom 4: 
Family Room: 
Greatroom: 
Dining Room:  10x9
Kitchen:  13x9
Livingroom:  18x15
Pole Buildings: 
Paved Road:  Paved Street
Garage:  1
Garage Description:  Detached Garage
Exterior:  Vinyl Siding
Exterior Misc:  Deck,Fenced Yard,Porch
Basement:  Yes
Basement Description:  Outside Entrance,Unfinished
Foundation :  Basement
Appliances:  Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Cooling:  Ceiling Fan(s),Central A/C
Heating:  Forced Air
Fuel:  Natural Gas
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $4,376
Est. Winter Taxes:  $1,341
HOA fees: 


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Alexandra Lannen of DOBI Real Estate

This listing last updated: Sun, March 22, 2026 at 12:52:07 AM EDT

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 10:45am
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Listings presented by:
Alexandra Lannen
DOBI Real Estate
Call: (248) 703-3358

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