1503 E 5th St, Royal Oak, MI 48067
Property image
Property image
OFF MARKET

$374,600

Trulia Estimate
as of Aug 27, 2026
  • 2 Beds
  • 3 Baths
  • 1,091 sqft
  • 2 Beds
  • 3 Baths
  • 1,091 sqft

1503 E 5th St, Royal Oak, MI 48067

Home Highlights

Property Type
Single-Family Home
Living Area
1,091 sqft
Price/Sqft
$343

Local Information

  • Map ViewExplore the area around 1503 E 5th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located just minutes from downtown Royal Oak, this beautifully updated 2-bedroom, 2-bathroom ranch offers modern comfort and style throughout. The updated kitchen features maple cabinets, granite countertops, ceramic tile flooring, modern lighting, and brand-new stainless steel appliances.

The open-concept living and dining rooms include recessed lighting and stunning hardwood floors. The spacious master suite boasts hardwood floors, a walk-in closet, and an updated private bath with ceramic tile and a walk-in shower.
The second full bathroom has also been updated, featuring a ceramic tile floor, stylish backsplash, and a newer vanity.

As a bonus, the fully finished basement of 800 sq. ft. offers a spacious layout that includes a third full bathroom, a versatile third bedroom (perfect for use as a home office), a cozy living area, a dry bar with granite countertops, and a dedicated laundry room. Perfect for entertaining or relaxing.

Other highlights include a newer furnace, a 1-car garage with opener, and a newly paved backyard patio ideal for outdoor gatherings and relax.

- Tenant is responsible for all utilities (water, gas, electricity, and Wi-Fi).

 - No pets and no smoking allowed.

 - Minimum 1-year lease.

 - 1.5-month security deposit required.

 - Includes a 1-car garage and additional street parking.

 - Available for move-in starting June 9th.

 - Showings available beginning May 17th, by appointment only and coordinated with the current tenant.
1503 E 5th St, Royal Oak, MI 48067 is a 2 bedroom, 3 bathroom, 1,091 sqft single-family home. It last sold for $227,000 on Jul 10, 2015 (8,980% above the $2,500 asking price). More recently, it was listed as a rental in April 2025 with an asking price of $2,500 per month. That rental listing was removed on May 26, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $374,600, with a rent estimate of $2,618/month.

Home Details for 1503 E 5th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Comparable Sales for 1503 E 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
315 S Blair Ave, Royal Oak, MI
0.15
Single-Family Home
$295,000
08/18/26
3
2
1,100 sqft
1507 E 5th St, Royal Oak, MI
0.00
Single-Family Home
$385,000
07/10/26
3
2
1,432 sqft
535 S Campbell Rd, Royal Oak, MI
0.16
Single-Family Home
$328,000
04/17/26
3
2.5
1,700 sqft
515 S Wilson Ave, Royal Oak, MI
0.08
Single-Family Home
$366,000
10/27/25
3
1.5
1,469 sqft
122 s EDGEWORTH AVE, ROYAL OAK, MI
0.36
Single-Family Home
$242,000
12/08/25
2
2
1,427 sqft
1511 E 5th St, Royal Oak, MI
0.01
Single-Family Home
$416,000
10/28/25
3
1.5
1,813 sqft
227 S Dorchester Ave, Royal Oak, MI
0.26
Single-Family Home
$299,000
08/24/26
3
2.5
1,646 sqft
302 S Vermont Ave, Royal Oak, MI
0.14
Single-Family Home
$360,000
11/17/25
3
1.5
1,400 sqft
1019 E 4th St, Royal Oak, MI
0.30
Single-Family Home
$215,000
10/17/25
2
1
1,092 sqft
636 S Connecticut Ave, Royal Oak, MI
0.16
Single-Family Home
$361,000
11/20/25
3
2
1,392 sqft

Nearby homes

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Around this home

What Locals Say about Royal Oak

At least 606 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 95 % Say there are sidewalks

  • 85 % Say car is needed

  • 83 % Say people would walk alone at night

  • 83 % Say yards are well-kept

  • 75 % Say it's walkable to restaurants

  • 73 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 67 % Say streets are well-lit

  • 67 % Say parking is easy

  • 62 % Say it's walkable to grocery stores

  • 58 % Say neighbors are friendly

  • 56 % Say it's quiet

  • 53 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Korben Knudson
    "Safe place to raise kids "
    0
    Flag
  • Trulia User
    "No bus service for middle school and high school. Transportation from school to community center can be purchased, child must remain at community center for at least 2 hours per day. "
    0
    Flag
  • Raemilo19
    "Tons of parks and they’ve been redone. Lots of different houses, cute one of a kind restaurants, and good vibes overall. "
    0
    Flag
  • Katelynkelly365
    "Parents appreciate many neighborhood parks, and that their kids can walk to school in the Royal Oak community."
    0
    Flag
  • Misangyi
    "I’ve lived here for over 7 years and love it. Great access to some of the best restaurants, markets, etc. in MI and w/ freeways you’re only 15 mins from Downtown and also surrounded by some great cities in Birmingham, Ferndale, Huntington Woods, Clawson and Troy. "
    3
    Flag
  • Cc T.
    "I drive 40 min out of royal oak to commute to my job in Wayne county. Lots of traffic both morning and evening"
    4
    Flag
  • Kristina
    "Bar crawls, yoga at the park, so many playgrounds and young families, a lot of fit, healthy, friendly people"
    2
    Flag
  • Mkayreading
    "Our neighborhood is very eclectic...diverse...and I love that! I have a car, but it has super low miles on it, because I bought it shortly after we bought our house here, and while I do drive it regularly, most of the places I go are within 5 miles of home. I have wonderful immediate neighbors on either side, and directly across the street. "
    1
    Flag
  • Katherine G.
    "very safe for young children to play outside. lots of nice parks with play structures. quiet, safe neighborhood. "
    1
    Flag
  • Jodiegirlnmi
    "I have lived here since I was a freshman at Royal Oak Dondero (ROMS). My kids loved growing up here. Highly rated school system. More than 50+ parks. You're typically within a 1/4 of at least one park. Our downtown. Farmers Market Bike Night "
    2
    Flag
  • Felicia H.
    "Daily construction but not too bad. Easy access to main roads and highways. Public transportation is available."
    1
    Flag
  • Malleriemerchant
    "The neighborhood has nice tree lined streets with sidewalks so it it easy to safely walk your dog. We also have a lot of neighborhood parks."
    0
    Flag
  • Gia P.
    "Great dog neighborhood! Lots of different breeds, friendly, well behaved. Neighborhood is great for dog walks in every direction. "
    0
    Flag
  • Amandaraymaker81317
    "Easy close to everything . Love this location can go downtown can get anywhere in around 15 mins so many amenities around . Shop small business! "
    1
    Flag
  • Amandaraymaker81317
    "Close to everything great neighbors love our location and everyone is super friendly! Safe never have to worry about packages getting stolen or missing ! "
    0
    Flag
  • Woody S.
    "Yearly block party, Weekly happy hours, great neighbors in RO. We have each other’s back and generally care for each other "
    1
    Flag
  • Woody S.
    "My family and I has lived in this neighborhood for four years and we love it. Many parks near by and people are super nice."
    0
    Flag
  • Lizzabee44
    "Beautiful neighborhoods and safe parks! I feel safe, welcome and at home! I love raising my child in Royal Oak."
    0
    Flag
  • Nick K.
    "There are lots of events that go on downtown, in the parks, or elsewhere. Everyone is nice and social.. and the events are friendly for everyone. "
    0
    Flag
  • Shannon H.
    "Very active neighborhood. Pickle ball courts and leagues. Playgrounds full of kids. People always walking their dogs. "
    3
    Flag
  • Willlaughforfood
    "Friendly charm - beautiful architecture-lovely landscaping. Walking distance to schools and stores. "
    1
    Flag
  • Woody S.
    "This is a walkable community to downtown Royal Oak and the neighbors on this block are fantastic. We are all very close and this is a great area. "
    0
    Flag
  • Allison E.
    "The yards are large and well kept. The sidewalks are not bumpy and are set back from the street. Drivers are safe. Everyone picks up after their pet. Nothing to dislike!"
    0
    Flag
  • Ejlepoudre
    "a lot of parks and room for dogs to run. good location and plenty of other dog owners. big backyards generally as well. "
    0
    Flag
  • Deidre R.
    "Farmers market, local fairs and festivals, events at the library, activities at the senior community center etc "
    0
    Flag
  • Mahler678
    "They would like it. We walk out dog daily along with many of our neighbors. Good, quiet side streets with many parks. "
    0
    Flag
  • Katelynkelly365
    "I don't have children, and I don't participate in community events, but have met many friends. There are always so many parents walking their kids back and forth to school bc I live beside the elementary school. Very walkable city."
    0
    Flag
  • Ejlepoudre
    "it's decent and generally nice with okay services and a variety of stuff to do in and around the downtown area"
    0
    Flag
  • Meredith P.
    "I don’t have to drive very far I work in Birmingham it is fine I don’t mind it not a problem ain’t no thang"
    1
    Flag
  • Rebecca N. P.
    "Two local dog parks, and many regular parks - some dog friendly shops and restaurants are great for dog owners "
    1
    Flag
  • Amandaraymaker81317
    "Love this community short commute to everywhere i need to go ! Close to i 75 and 696. Safe neighborhood neighbors watch out for each other ! "
    0
    Flag
  • Rachellschrein
    "Very dog friendly! Lots of dog loving neighbors. We often see families walking their dogs. Neighbors are very respectful about cleaning up after their dogs as well. "
    0
    Flag
  • Jeannej1031
    "A public, fenced in dog park, or a dog park with monthly membership program. They would not like that most public parks have “no dogs allowed” signs even if dog is leashed."
    0
    Flag
  • mstano3
    "Elementary School is very walkable. Neighborhood grocery store and Community Center are very close and offer many options! "
    0
    Flag
  • Heather S.
    "There are many parks, good schools, and a very active, vibrant downtown area. Also, Royal Oak is home to the Detroit Zoo! There are many family-friendly events throughout the year."
    0
    Flag
  • Megan B.
    "Downtown isn’t bad if you’re not traveling during 630-730! Royal Oak is nice. Needs more parks though "
    0
    Flag
  • Chelsea
    "Everything is clean and conveniently walkable with so much close by. We love the entire area - it offers great restaurants, stores and outdoor areas."
    0
    Flag
  • Tksparty1
    "Weekly festivals and food trucks Sponsored events and shopping. Small town. Lots of entertainment options "
    0
    Flag
  • Docblau2828@gmail.com
    "I literally never need my car. The grocery store, even my doctor, are within a 5 minute walk. The movie theater, all kinds of restaurants, the library, even the farmers market are within an easy walk. "
    0
    Flag
  • srboland
    "25 minute commute, usually with moderate to heavy traffic. Any construction or inclement weather conditions slow the commute considerably."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
May 26, 2025
Source: Zillow Rentals
ListingRemoved
$2,500
Apr 30, 2025
Source: Zillow Rentals
Listed For Rent
$2,500
May 23, 2024
Source: Zillow Rentals
ListingRemoved
May 7, 2024
Source: Zillow Rentals
Listed For Rent
$2,500
Jul 10, 2015
Source: MiRealSource #31246274
Sold
$227,000

Frequently asked questions about 1503 E 5th St

  • What is 1503 E 5th St estimated to be worth?
    Trulia's estimated value for 1503 E 5th St in Royal Oak, MI is $374,600.
  • What is the price history for 1503 E 5th St?
    1503 E 5th St in Royal Oak, MI last sold for $227,000 in July 2015.
  • Is Royal Oak a buyer's or seller's market?
    Royal Oak is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Royal Oak?
    The median sale price in Royal Oak is $371K. That is up $5.17K from the prior month.
  • Does 1503 E 5th St have air conditioning?
    Yes, 1503 E 5th St in Royal Oak, MI has air conditioning.
  • Does 1503 E 5th St have laundry facilities?
    Yes, 1503 E 5th St in Royal Oak, MI has in-unit laundry.

Homes for rent near 1503 E 5th St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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