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.
Sold for $870,000
$870,000
500 Romeo Rd, Rochester, MI 48307
11beds
4,926sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$177/sqft
$1,155 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,155/mo
Zestimate® history
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Owner options
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$1,155/mo
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$5,614/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jan Dijkers 313-658-6400,
Berkshire Hathaway HomeServices The Loft Warehouse
Bought with:
Aleksandar Atanasovski, 6501396641
Andrews Realty Group
Source: Realcomp II,MLS#: 20251060458
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 6
Heating
- Baseboard, Natural Gas
Cooling
- Wall Units
Appliances
- Laundry: In Unit, Laundry Room
Features
- Basement: Common,Partially Finished
- Has fireplace: No
Interior area
- Total interior livable area: 4,926 sqft
- Finished area above ground: 4,926
Property
Parking
- Parking features: Parking Lot
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 2.88 Acres
Details
- Parcel number: 1511330040
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1964
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
Community & neighborhood
Location
- Region: Rochester
- Subdivision: ROCHESTER VILLAGE CONDO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Sold | $870,000-3.3%$177/sqft |
Source:  Realcomp II #20251060458 Report a problem | ||
| 2/15/2026 | Pending sale | $900,000$183/sqft |
Source: BHHS broker feed #20251060458 Report a problem | ||
| 2/9/2026 | Listed for sale | $900,000+643.8%$183/sqft |
Source: Realcomp II #20251060458 Report a problem | ||
| 5/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/27/2024 | Listed for rent | $1,275+10.9% |
Source: Zillow Rentals Report a problem | ||
| 7/19/2023 | Sold | $121,000+37.7%$25/sqft |
Source: Agent Provided Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/16/2020 | Listing removed | $87,900$18/sqft |
Source: Owner Report a problem | ||
| 8/13/2020 | Listed for sale | $87,900-31.9%$18/sqft |
Source: Owner Report a problem | ||
| 7/9/2019 | Listing removed | $1,150 |
Source: Real Living Kee Realty-Rochester #219059021 Report a problem | ||
| 7/8/2019 | Listing removed | $129,000$26/sqft |
Source: Real Living Kee Realty-Rochester #219058996 Report a problem | ||
| 6/19/2019 | Price change | $129,000+7.5%$26/sqft |
Source: Real Living Kee Realty-Rochester #219058996 Report a problem | ||
| 6/18/2019 | Listed for rent | $1,150 |
Source: Real Living Kee Realty-Rochester #219059021 Report a problem | ||
| 3/29/2019 | Listed for sale | $120,000+64.4%$24/sqft |
Source: Real Living Kee Realty-Rochester #219027422 Report a problem | ||
| 11/10/2015 | Sold | $73,000+46%$15/sqft |
Source:  MiRealSource #31262765 Report a problem | ||
| 5/29/2014 | Sold | $50,000+63.9%$10/sqft |
Source: MiRealSource #31189667 Report a problem | ||
| 11/20/2009 | Sold | $30,500$6/sqft |
Source: MiRealSource #171899 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: 48307
Nearby schools
GreatSchools rating
- 8/10North Hill Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Stoney Creek High SchoolGrades: 6-12Distance: 0.9 mi
- 9/10Hart Middle SchoolGrades: PK,6-12Distance: 0.9 mi
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- Michigan
- Oakland County
- Rochester
- 48307
- 500 Romeo Rd