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Pending
  • $900,000

    500 Romeo Rd, Rochester, MI 48307

    11beds
    4,926sqft
    : 
    Multi Family
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $183/sqft
    $-- HOA

    What's special

    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.
    50 days
    |
    100
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listed by:

    Jan Dijkers,

    The Loft Warehouse 313-658-6400

    Source: BHHS broker feed,MLS#: 20251060458

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Natural Gas
      Features
      • Has basement: No
      Interior area
      • Total structure area: 4,926
      • Total interior livable area: 4,926 sqft

      Property

      Details
      • Parcel number: 681511327001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1964

      Community & HOA

      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $183/sqft
      • Date on market: 2/10/2026
      • Lease term: Contact For Details
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,155/mo

        Price history

        Price history
        DateEventPrice
        3/27/2026Sold$870,000-3.3%$177/sqft
        Source: Realcomp II #20251060458 Report a problem
        2/15/2026Pending sale$900,000$183/sqft
        Source: BHHS broker feed #20251060458 Report a problem
        2/9/2026Listed for sale$900,000+643.8%$183/sqft
        Source: Realcomp II #20251060458 Report a problem
        5/7/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/27/2024Listed for rent$1,275+10.9%
        Source: Zillow Rentals Report a problem
        7/19/2023Sold$121,000+37.7%$25/sqft
        Source: Agent Provided Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        9/16/2020Listing removed$87,900$18/sqft
        Source: Owner Report a problem
        8/13/2020Listed for sale$87,900-31.9%$18/sqft
        Source: Owner Report a problem
        7/9/2019Listing removed$1,150
        Source: Real Living Kee Realty-Rochester #219059021 Report a problem
        7/8/2019Listing removed$129,000$26/sqft
        Source: Real Living Kee Realty-Rochester #219058996 Report a problem
        6/19/2019Price change$129,000+7.5%$26/sqft
        Source: Real Living Kee Realty-Rochester #219058996 Report a problem
        6/18/2019Listed for rent$1,150
        Source: Real Living Kee Realty-Rochester #219059021 Report a problem
        3/29/2019Listed for sale$120,000+64.4%$24/sqft
        Source: Real Living Kee Realty-Rochester #219027422 Report a problem
        11/10/2015Sold$73,000+46%$15/sqft
        Source: MiRealSource #31262765 Report a problem
        5/29/2014Sold$50,000+63.9%$10/sqft
        Source: MiRealSource #31189667 Report a problem
        11/20/2009Sold$30,500$6/sqft
        Source: MiRealSource #171899 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2015-- --
        2014-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,484/mo
        Principal & interest
        $4479
        Property taxes
        $1005
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          Climate risks

          Neighborhood: 48307

          Getting around

          25 / 100
          Car-Dependent
          26 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 48307