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$339,900
2 Baths ⋅ 20261068082 MLS
Charming Ferndale multi-family with tons of upside! The entry-level unit features hardwood flooring throughout, an updated kitchen with granite countertops and stainless-steel appliances, plus a welcoming front sitting porch. This level offers 2 bedrooms and 1 full bath. Upstairs, the second-story unit is a bright 1-bed, 1-bath layout with its own updated kitchen, stainless appliances, and matching new flooring throughout. Utilities are separately metered for each unit, making this an easy, low-hassle property to manage. Live in one unit and rent the other to offset your mortgage (house hacking at its finest) or add this turnkey duplex to your investment portfolio — either way, this one works hard for you. Major systems have all been updated within the last 10 years, including the roof, electrical, plumbing, HVAC, gutters, and basement waterproofing, giving you real peace of mind from day one. Move-in ready and income-ready — don't miss this Ferndale gem!

316 Spencer St, Ferndale

Courtesy of @properties Christie's Int'l R.E. Birmingham 2488508632
$225,000
3 Baths ⋅ 20261067536 MLS
Excellent investment opportunity in Ferndale! This fully occupied bungalow-style duplex features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, providing immediate rental income with an opportunity to increase revenue through below-market in-place rents. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and updated flooring. Additional property highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, plus a fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Located less than 1.5 miles from downtown Ferndale with convenient access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. An established Oakland County location, strong rental demand, and below-market rents make this an attractive opportunity for investors seeking immediate cash flow with future upside. Please do not disturb the tenants.

617 E Bennett Ave, Ferndale

Courtesy of Forward Commercial Group 2486625066
$360,000
5 Baths ⋅ 20261058108 MLS
Fully occupied two-unit bungalow offering immediate cash flow and outstanding long-term investment potential. This well-maintained property features numerous recent updates, including both furnaces (2024), roof (2023), one hot water heater (2023), and a complete gut renovated of both kitchens and all bathrooms (2018). The main unit offer 2 bedrooms, 2 full baths, 2 half-baths, while the upper unit offers 2 beds and 1 bath. Additional highlights include a full basement, a spacious backyard, and separate entrances that appeal to long-term tenants. A turnkey investment opportunity with proven rental history, conveniently located just minutes from downtown Ferndale and close to shopping, dining, parks, and major amenities. Do Not Disturb Tenants.

1447 Albany St, Ferndale

Courtesy of Forward Commercial Group 2486625066
$400,000
3 Baths ⋅ 20261040998 MLS
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI

351 Edgewood Pl, Ferndale

Courtesy of The Stephan Group 2485902067