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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!

2 Baths ⋅ 20261087327 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

$360,000

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

5 Baths ⋅ 20261083867 MLS

Fully Occupied Two-Unit Investment | Updated & Income-Producing. An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath. Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities. An income-producing investment with substantial improvements already completed. Do Not Disturb Tenants.

1447 Albany St, Ferndale

Courtesy of Forward Commercial Group 2486625066

$225,000

Ferndale Duplex Investment | Immediate Income with Rental Upside. Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment. An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market. Please do not disturb tenants.

3 Baths ⋅ 20261083850 MLS

Ferndale Duplex Investment | Immediate Income with Rental Upside. Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels. The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment. An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market. Please do not disturb tenants.

617 E Bennett Ave Ave, Ferndale

Courtesy of Forward Commercial Group 2486625066

$400,000

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

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

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