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 marketperfect for investors ready to grow fast. Please do not disturb tenants.
- MLS# 20251060458
- Date Listed02/09/2026
- Bedrooms 11
- Bathrooms 6 Full baths
- Lot Size 2.88 acres (125,453 sq. ft)
- Sewer Public Sewer
- Subdivision ROCHESTER VILLAGE CONDO
- Property Type Multi Family
- County Oakland
- Year Built 1964
- Water Other
- Square Feet 4,926 sq. ft
- Price Per Sq. Ft $182.7
Interior Features
- Appliances Gas Water Heater
- Cooling Wall Unit(s)
- Heating Baseboard, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres 2.88
- Lot Size SQFT 125,452.80
- Lot Features -
Directions
E on Romeo Rd from S Rochester Rd, buildings on right
Financial Considerations
- Tax Amount $8,376
- Terms Cash, Conventional, FHA, VA Loan
Schools near 48307
Explore the local neighborhood highlights and top-rated schools near 48307 in Rochester, MI.
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
1.98 mi
Distance
Public • 6 - 8 • Serves this home
1.23 mi
Distance
Public • 9 - 12 • Serves this home
1.23 mi
Distance
Public • PK - 5 • Serves this home
1.98 mi
Distance
Public • PK - 5
2.53 mi
Distance
Public • PK - 6
2.76 mi
Distance
University Hills Elementary School
Public • PK - 5
3.13 mi
Distance
Public • PK - 5
3.87 mi
Distance
Public • PK - 5
3.99 mi
Distance
Public • PK - 5
4.16 mi
Distance
Public • PK - 5
4.17 mi
Distance
Meadow Brook Elementary School
Public • PK - 5
4.4 mi
Distance
Public • PK - 5
4.87 mi
Distance
Public • 6 - 8 • Serves this home
1.23 mi
Distance
Public • 6 - 8
3.75 mi
Distance
Public • 6 - 8
5.21 mi
Distance
Public • 6 - 8
5.47 mi
Distance
Public • 6 - 8
5.59 mi
Distance
Public • 7 - 9
5.7 mi
Distance
Public • 7 - 9
7.29 mi
Distance
Public • 7 - 9
8.61 mi
Distance
Public • 9 - 12 • Serves this home
1.23 mi
Distance
Public • 9 - 12
2.66 mi
Distance
Alternative Center For Education
Public • 10 - 12
3.08 mi
Distance
Public • 9 - 12
4.73 mi
Distance
Public • 10 - 12
5.7 mi
Distance
Public • 10 - 12
7.97 mi
Distance
Private • 09 - 12
5.17 mi
Distance
Rochester Hills Christian School
Private • PK - 12
6.12 mi
Distance
Private • PK - 12
6.94 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 323 LINWOOD Avenue | Listing | 3 | 2 | Jun 18, 2026 | $399,900 | Feb 23, 2024 | $341,112 |
| 336 MAYWOOD Avenue | Listing | 3 | 3 | Jun 18, 2026 | $350,000 | Feb 23, 2024 | $320,888 |
| 317 NORTHWOOD Avenue | Listing | 3 | 2 | Jun 18, 2026 | $429,900 | Feb 23, 2024 | $358,000 |
| 317 LINWOOD Avenue | Listing | 3 | 2 | Jun 18, 2026 | $485,000 | Feb 23, 2024 | $500,647 |
| 352 HIGHLAND Avenue | Listing | 3 | 2 | Jun 18, 2026 | $429,777 | Feb 23, 2024 | $352,500 |
| 159 MAYWOOD Avenue | Listing | 3 | 4 | Jun 17, 2026 | $635,000 | Feb 23, 2024 | $559,496 |
| 144 LINWOOD Avenue | Listing | 3 | 3 | Jun 18, 2026 | $319,900 | Feb 23, 2024 | $323,561 |
| 136 TERRY Avenue | Listing | 3 | 1 | Jun 18, 2026 | $334,999 | Dec 26, 2023 | $326,258 |
| 145 Maywood Avenue | Listing | 4 | 3 | Jun 18, 2026 | $485,000 | Feb 23, 2024 | $332,250 |
| 145 LINWOOD Avenue | Listing | 3 | 2 | Jun 18, 2026 | $404,000 | Feb 23, 2024 | $519,351 |
Local Neighborhood Highlights for 48307
Discover key demographics, population statistics, and environmental insights for the Rochester, MI area.
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 44,313 | 75,855 | 1,269,045 | 335,858,263 |
| Population Density | 2,911 | 2,311 | 1,463 | 95 |
| People per Household | 2.4 | 2.5 | 2.5 | 2.6 |
| Median Age | 40.2 | 43.1 | 42.5 | 39.1 |
| Median Income | $84,803 | $97,020 | $82,437 | $66,222 |
| Average Income | $46,128 | $48,704 | $45,317 | $35,475 |
| Cost of Living Index | 94 | 103 | 97 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 15.9°F | 15.9°F | 15.9°F | 22.6°F |
| July Avg. High Temp | 82.3°F | 82.3°F | 82.3°F | 86.2°F |
| Annual Precipitation | 32.74" | 30.03" | 30.03" | 38" |
65/100
Somewhat Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
42/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 30/100.
Property Change History
Points of Interest near 500 Romeo Road, Rochester, MI 48307
264 ft
Distance
0.26 mi
Distance
581 ft
Distance
0.23 mi
Distance
211 ft
Distance
317 ft
Distance
581 ft
Distance
581 ft
Distance
845 ft
Distance
845 ft
Distance
950 ft
Distance
0.21 mi
Distance
0.24 mi
Distance
0.31 mi
Distance
0.31 mi
Distance
0.33 mi
Distance
0.34 mi
Distance
0.34 mi
Distance
0.35 mi
Distance
0.36 mi
Distance
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Frequently Asked Questions for 500 Romeo Road
Source: Realty.com
500 Romeo Road, Rochester, MI 48307 in ROCHESTER VILLAGE CONDO, Rochester, MI 48307 is a multi family listed at $900,000. Highlights include 11 bedrooms, 6 bathrooms, 4,926 sq. ft., built in 1964, 2.88 acre lot, $183 per sq. ft.. Realty.com has 35 photos, sales history, school insights, and mortgage tools for this l...
Realty.com has 35 photos of 500 Romeo Road.
Our records indicate that 500 Romeo Road was built in 1964.
The full address for this home is 500 Romeo Road, Rochester, MI 48307.
500 Romeo Road has been listed on Realty.com since Mon February 09, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 30/100.
There are 3 schools assigned to this home. Check out the schools near 500 Romeo Road. Mcgregor Elementary School (Grades: PK - 5), Hart Middle School (Grades: 6 - 8), Stoney Creek High School (Grades: 9 - 12)
Listing provided courtesy of:
Berkshire Hathaway Homeservices The Loft Warehouse
(tel: 313-658-6400)
Listing agent:
Jan Dijkers
(#338353)
This content last refreshed on 2026-06-27 00:19:25. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.