21516 Oxford Avenue
Farmington, MI 48336
Multi Family · MLS # 20261047883 · Listing courtesy of Good Company
About this home
RARE MULTI-FAMILY INVESTMENT IN THE HEART OF FARMINGTON HILLS. Discover a unique and versatile 3-unit property that blends classic 1940s charm with today’s modern comforts. Situated in a prime Farmington Hills location near downtown, Beaumont Hospital, and major expressways (M-5 & I-696), this fully functional multi-family home is ideal for investors or savvy house hackers. The property consists of two spacious 3-bedroom flats—one upper, one lower—plus a cozy basement studio apartment. Original hardwood floors, built-in bookcases, and a remote-controlled electric fireplace preserve the vintage warmth, while updated kitchens with stainless steel appliances, marble tile countertops, and central HVAC bring in the modern touches. Enjoy a large shared yard, convenient basement laundry, and ample off-street parking. This low-maintenance property is a smart addition to any portfolio—or a great way to offset your mortgage by living in one unit and renting out the rest. This is an exceptional opportunity in the Farmington School District—don’t miss it!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Farmington
Over the last 90 days, 102 homes sold in Farmington for a median of $354,500, about $158 per square foot, and the typical one went under contract in 16 days. This home is listed at $475,000, or $202 per square foot, 28% above the city median, and has been on the market 110 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Farmington sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,455 a year. A buyer who lives here would pay about $2,792 to $10,284 a year once the taxable value resets after the sale, at the 2025 homestead rate of 42.87 mills for Farmington Hills City and Farmington schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Farmington
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