Off market mar 2026 for $870K

—

•

4,926

sq ft

500 Romeo Rd, Rochester, MI 48307 1674

About this home

Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market - perfect for investors ready to grow fast. Please do not disturb tenants.

Multi-familyProperty Type

1964Year Built

2.88 acresLot Size

$177Price/Sq.Ft.

Listed by Jan Dijkers • Berkshire Hathaway HomeServices The Loft Warehouse

•313-658-6400 (broker)

•sabra@theloftwarehouse.com (broker)

Bought with Aleksandar Atanasovski • LPS

•913-492-6900 (broker)

Redfin checked: a minute ago

•Source:MiRealSource-MiMLS #60968642

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 48307, MI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

0.8% MoM

Median sale price

$426K

$4K MoM

Avg. days on market

13d

1 days MoM

Recently sold homes

152

5 MoM

New listings for sale

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COMING SOON
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NEW 16 HRS AGO
$319,900
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OPEN SAT, 1PM TO 3PM
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3D WALKTHROUGH
$999,999
4 beds4 baths5,200 sq ft
39 Stark Rd, Rochester Hills, MI 48307 3866
(248) 646-6200
$375,000
3 beds1.5 baths1,659 sq ft
2810 Walbridge Rd, Rochester Hills, MI 48307 4457
(248) 851-4100
$305,000
2 beds2 baths1,079 sq ft
964 Wexford Way #21, Rochester Hills, MI 48307 2973
(248) 646-6200
$370,000
3 beds2 baths2,286 sq ft
1580 Colony Dr, Rochester Hills, MI 48307 3405
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See all

Provided by Redfin

Sale history for 500 Romeo Rd

Date

Event

Price

REALCOMP #20251060458

Mar 31, 2026

Listed

—

Mar 27, 2026

Sold

$870,000

$177/sq ft

Mar 27, 2026

Sold

$870,000

$177/sq ft

Feb 14, 2026

Contingent

—

Feb 9, 2026

Listed

$900,000

$183/sq ft

Six condominium portfolio in larger condo community (ask about a 7th unit available); Class A location, well-run HOA. Secure a rare, cash-flowing 6-unit condo package in a well-maintained complex across three buildings, located just minutes from downtown Rochester. This stabilized investor opportunity includes 5 x 2-bed units and 1 x 1-bed unit, all occupied with reliable tenants, generating immediate rental income. Several units feature full remodels, others have value add opportunities to increase market rent or flip to a buyer. This portfolio offers instant scale, reliable cash flow, and long-term upside in a high-demand rental market—perfect for investors ready to grow fast. Please do not disturb tenants.

MiRealSource-MiMLS #60968642

Mar 27, 2026

Sold

$870,000

$177/sq ft

Feb 14, 2026

Contingent

—

Feb 9, 2026

Listed

$900,000

$183/sq ft

MiRealSource-MiMLS #21619382

Jul 8, 2019

Listing Removed

—

Jun 18, 2019

Listed

$129,000

$26/sq ft

REALCOMP #219058996

Jul 8, 2019

Listing Removed

—

Jun 18, 2019

Listed

$129,000

$26/sq ft

MiRealSource-MiMLS #21586008

May 31, 2019

Listing Removed

—

Mar 29, 2019

Listed

$120,000

$24/sq ft

REALCOMP #219027422

May 31, 2019

Listing Removed

—

Mar 29, 2019

Listed

$120,000

$24/sq ft

REALCOMP #58031322943

Jul 14, 2017

Sold

$99,400

$20/sq ft

Jun 18, 2017

Listed

$99,900

$20/sq ft

MiRealSource-MiMLS #31262765

Nov 10, 2015

Sold

$73,000

$15/sq ft

Sep 16, 2015

Listing Removed

—

Jul 7, 2015

Listed

$74,990

$15/sq ft

REALCOMP #58031262765

Nov 10, 2015

Sold

$73,000

$15/sq ft

Jul 7, 2015

Listed

$74,990

$15/sq ft

REALCOMP #215073101

Aug 11, 2015

Sold

$65,000

$13/sq ft

Jul 17, 2015

Listing Removed

—

Jul 13, 2015

Price Changed

$67,900

$14/sq ft

Jul 13, 2015

Listed

$59,900

$12/sq ft

MiRealSource-MiMLS #20650211

Aug 11, 2015

Sold

$65,000

$13/sq ft

Jul 13, 2015

Listed

$67,900

$14/sq ft

MiRealSource-MiMLS #31252519

Aug 11, 2015

Sold

$65,000

$13/sq ft

Jul 17, 2015

Pending

—

Jul 13, 2015

Price Changed

$67,900

$14/sq ft

Jul 13, 2015

Listed

$59,900

$12/sq ft

Jul 13, 2015

Listed

$67,900

$14/sq ft

REALCOMP #58031252519

Aug 11, 2015

Sold

$65,000

$13/sq ft

Jul 13, 2015

Listed

$67,900

$14/sq ft

MiRealSource-MiMLS #31251611

Sep 8, 2015

Listing Removed

—

Jul 8, 2015

Listed

$79,990

$16/sq ft

REALCOMP #58031251611

Sep 8, 2015

Listing Removed

—

Jul 7, 2015

Listed

$79,990

$16/sq ft

MiRealSource-MiMLS #31192135

Oct 24, 2014

Sold

$60,000

$12/sq ft

Oct 12, 2014

Listing Removed

—

May 7, 2014

Listed

$62,900

$13/sq ft

MiRealSource-MiMLS #31189667

May 29, 2014

Sold

$50,000

$10/sq ft

Apr 24, 2014

Listing Removed

—

Apr 23, 2014

Listed

$59,900

$12/sq ft

REALCOMP #214035377

May 29, 2014

Sold

$50,000

$10/sq ft

Apr 23, 2014

Listed

$59,900

$12/sq ft

MiRealSource-MiMLS #171899

Nov 20, 2009

Sold

$30,500

$6/sq ft

Aug 21, 2009

Listing Removed

—

Jun 30, 2009

Listed

$34,900

$7/sq ft

REALCOMP #29087494

Nov 20, 2009

Sold

$30,500

$6/sq ft

Jun 30, 2009

Listed

$34,900

$7/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Oakland County

APN

1511330042

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 9, 2023.

Property details

Interior

Bathroom Information
# of Bathrooms (Full): 6
# of Baths/Lavatories (Total): 6

Laundry/Basement Information
Basement Type: Common, Partially Finished

Exterior

Exterior Features
Exterior Construction: Brick
Foundation Type: Basement

Property Information
Property Type: Multi-Family
Structure Style: 1 Story
Year Built: 1964

Lot Information
Zoning: Residential

Land Information
Acreage: 2.88
Roads: Paved Street
Frontage: 1

Financial

Tax/Assessments Information
Taxable Value: $166,120
Total Tax Amount: $8,376
Summer Tax Amount: $6,398
Winter Tax Amount: $1,978

Lease/Rent Information
Has Lease

Utilities

Utility Information
Water Heater: Gas
Cooling System: Wall/Window A/C
Fuel Type: Natural Gas
Heating System: Baseboard

Location

Mult-Unit Information
Total Expenses: $34,904
# of Units (Total): 6
Total Expenses: $34,904
Net Operating Income: $56,356
Net Operating Income: 56356

Unit 1 Information
Rent Rate: $1,000

Unit 2 Information
Rent Rate: $1,500

Unit 3 Information
Rent Rate: $1,500

Unit 4 Information
Rent Rate: $925

Unit 5 Information
Rent Rate: 1180

Homeowners Association Information
Community Amenities: Laundry Facility

School Information
School District: Rochester Community School Distr
School District: Rochester Community School Distr

Address Information
Street Designation: Road

Location Details
Directions: E on Romeo Rd from S Rochester Rd, buildings on right
Side of Street: S
Municipality Type: City
Municipality: Rochester
Mail City: Rochester
Subdivision: Rochester Village Condo
Municipality: Rochester
Area (Municipality): Rochester (63152)

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Oakland County
APN: 1511330042

Home facts updated by county records on Aug 8, 2023

Other

Listing Information
Originating MLS: RealComp

About this building

Sorry, but there are no photos available for the building.

No units for sale

500 Romeo Rd, Rochester, MI 48307

See photos & sale trends

Photo not available

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

North Hill Elementary School

Public PreK-5 • Assigned • 0.5mi

8/10

Hart Middle School

Public PreK-12 • Assigned • 0.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Rochester, MI • 48307 1674

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 2.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

2.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 48307 3311

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1696 Dancer Dr, Rochester Hills, MI 48307 3311

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3D WALKTHROUGH

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Home values near 500 Romeo Rd

Data from public records.

Address	Redfin Estimate
500 Romeo Rd Apartment 123, Rochester, MI 1 Beds \| 1 Baths \| 618 Sq. Ft.	$121,906
500 Romeo Rd Apartment 117, Rochester, MI 2 Beds \| 1 Baths \| 817 Sq. Ft.	$146,600

Address	Redfin Estimate
436 Romeo Rd Apartment 314, Rochester, MI 1 Beds \| 1 Baths \| 635 Sq. Ft.	$123,940
436 Romeo Rd Apartment 321, Rochester, MI 2 Beds \| 1 Baths \| 817 Sq. Ft.	$141,984

Address	Redfin Estimate
500 Romeo Rd Apartment 116, Rochester, MI 1 Beds \| 1 Baths \| 618 Sq. Ft.	$138,911
500 Romeo Rd Apartment 104, Rochester, MI 3 Beds \| 1 Baths \| 1239 Sq. Ft.	—

Property information provided by MiRealSource-MiMLS when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 48307, MI

Sale history for 500 Romeo Rd

Public record

Property details

About this building

Unit Information Not Available

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 48307 3311

Home values near 500 Romeo Rd

More real estate resources