The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!
Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!
Courtesy: Real Broker, LLC Birmingham
Mike Cottle
248-915-9151
125x105 Lot (Five 25x105 lots) with a huge attached 23x24 garage! House is currently set up as an up/down duplex with a full basement featuring a full bath and family room. Great for 1st time home buyers as they can rent one of the units, or convert it back. Garage (door) also opens to a 125 foot wide privacy fenced backyard complete with a brick oven/BBQ, deck, 2 patios, putt-putt greens, play structure, and a small pool. Updated roof, both kitchens, all 3 baths, windows, hardwood floors, electrical. Also see MLS# 20261072919 for room sizes and more. Make your appointment today!
125x105 Lot (Five 25x105 lots) with a huge attached 23x24 garage! House is currently set up as an up/down duplex with a full basement featuring a full bath and family room. Great for 1st time home buyers as they can rent one of the units, or convert it back. Garage (door) also opens to a 125 foot wide privacy fenced backyard complete with a brick oven/BBQ, deck, 2 patios, putt-putt greens, play structure, and a small pool. Updated roof, both kitchens, all 3 baths, windows, hardwood floors, electrical. Also see MLS# 20261072919 for room sizes and more. Make your appointment today!
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.
Courtesy: @properties Christie's Int'l R.E. Birmingham
Drew Mahar
269-760-2744
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!
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!
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.
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.
Courtesy: Forward Commercial Group
Emil Cherkasov
248-662-5066
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.
Calling all investors! Check out this well-maintained duplex located in desirable Ferndale. Both units are tenant occupied, offering immediate cash flow and strong long-term investment potential. The main floor unit features an updated kitchen with modern cabinetry and flooring, renovated bathroom with contemporary finishes and updated interior. Second unit kitchen has a stainless steel gas range, large bedroom and it's own dedicated exterior entrance. Laundry facilities are located on site with common storage areas in the basement. Walkable to downtown Ferndale shops and restaurants, this tenant occupied duplex is ready to be your new investment property!
Courtesy: KW Showcase Realty
Christopher Krzeczkowski
248-252-6786
Calling all investors! Check out this well-maintained duplex located in desirable Ferndale. Both units are tenant occupied, offering immediate cash flow and strong long-term investment potential. The main floor unit features an updated kitchen with modern cabinetry and flooring, renovated bathroom with contemporary finishes and updated interior. Second unit kitchen has a stainless steel gas range, large bedroom and it's own dedicated exterior entrance. Laundry facilities are located on site with common storage areas in the basement. Walkable to downtown Ferndale shops and restaurants, this tenant occupied duplex is ready to be your new investment property!
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 (2020 & 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.
Courtesy: Forward Commercial Group
Emil Cherkasov
248-662-5066
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 (2020 & 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.
Courtesy: Forward Commercial Group
Emil Cherkasov
248-662-5066
Excellent investment opportunity in Ferndale! This fully occupied bungalow-style upper and lower duplex features a lower unit with 2 bedrooms and 1 bathroom and an upper unit with 1 bedroom and 1 bathroom, providing immediate in-place rental income. The upper unit includes an updated kitchen and bathroom with stainless steel appliances, updated cabinetry, and updated flooring. Additional features include a gas fireplace in the lower unit, basement with laundry, a half bath, and generous storage space. Outside, the property offers a fenced backyard, large rear deck, covered front porch, and a detached 1.5-car garage. Ample parking is available in the garage, driveway, and on the street. Conveniently located less than 1.5 miles from downtown Ferndale with easy access to I-696, the property is close to shopping, dining, entertainment, and major commuter routes. The asset also presents a compelling value-add opportunity through below-market in-place rents, offering investors the ability to increase revenue over time while benefiting from continued demand in an established Oakland County submarket. Please do not disturb the tenants.
Versatile multifamily home in Ferndale offering two move-in ready units with the flexibility to easily convert back to a single family residence. Covered front porch welcomes you into the spacious lower unit, featuring a bright living room with coved ceilings, a large front window, and vinyl plank flooring that carries throughout. Classic archways lead to a central dining area connecting to the back kitchen with ample cabinetry. Two nicely sized bedrooms share a full bath down the hallway. The upper unit offers one bedroom, a full bath, a roomy kitchen with built-in shelving, and a comfortable living room with lots of natural light. Off the living area, a bonus room with vaulted ceilings makes a great spot for an office, nursery, or additional lounge space. Shared unfinished basement provides laundry, a workbench, and plenty of storage. Large fenced backyard with mature shade trees offers room to relax and play. Welcome Home!
Courtesy: Good Company
Jim Shaffer
248-834-3030
Versatile multifamily home in Ferndale offering two move-in ready units with the flexibility to easily convert back to a single family residence. Covered front porch welcomes you into the spacious lower unit, featuring a bright living room with coved ceilings, a large front window, and vinyl plank flooring that carries throughout. Classic archways lead to a central dining area connecting to the back kitchen with ample cabinetry. Two nicely sized bedrooms share a full bath down the hallway. The upper unit offers one bedroom, a full bath, a roomy kitchen with built-in shelving, and a comfortable living room with lots of natural light. Off the living area, a bonus room with vaulted ceilings makes a great spot for an office, nursery, or additional lounge space. Shared unfinished basement provides laundry, a workbench, and plenty of storage. Large fenced backyard with mature shade trees offers room to relax and play. Welcome Home!
This Duplex is located in Ferndale. It is perfect of the house hacker or investor looking for cash flow. The building is set up for 3 units. The basement is currently unfinished. The main floor unit has 2 bedrooms, updated kitchen and full bath, a formal dining room, and living room. The upper unit is 1 bed, 1 bath with an updated kitchen. Both units have there own laundry. Being sold furnished with an approved offer. The home is located close to Downtown Ferndale, Royal Oak, Shopping and Freeways. There is a 3D tour available, please take a look at that prior to scheduling a tour. Agents, please read the agent remarks to better inform yourself and clients.
Courtesy: Brookstone, Realtors LLC
David Gittens
248-894-4906
This Duplex is located in Ferndale. It is perfect of the house hacker or investor looking for cash flow. The building is set up for 3 units. The basement is currently unfinished. The main floor unit has 2 bedrooms, updated kitchen and full bath, a formal dining room, and living room. The upper unit is 1 bed, 1 bath with an updated kitchen. Both units have there own laundry. Being sold furnished with an approved offer. The home is located close to Downtown Ferndale, Royal Oak, Shopping and Freeways. There is a 3D tour available, please take a look at that prior to scheduling a tour. Agents, please read the agent remarks to better inform yourself and clients.
Courtesy: KW Domain
Catharina van Acker de Koning
248-761-6677
**Investor Opportunity in the Heart of Ferndale!** Unlock the potential of this versatile property. Restore it to a spacious single-family home or continue using it as a duplex. Live in one unit while generating rental income from the other or add it to your investment portfolio. The possibilities are endless for buyers with vision. Conveniently located near downtown Ferndale, shopping, dining, parks, and major freeways. Property is being sold **AS IS**. In addition to driveway, there is a parking lot at the back of the home, accessible through the alley. Please note sellers' disclosure on condition, required work (structure, roof, cosmetic). House is offered "as is, where is" to allow buyer room for customization in renovations. Property will be marketed "as is, where is" for a limited time, and if unsold, seller will make improvements and re-list later.
Courtesy: Anthony Djon Luxury Real Estate
Anthony Djon
248-747-4834
Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income. The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income. The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants. Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment. Conveniently located near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio. Schedule your private tour! Lower unit is currently leased for $1725 and is for a 1 year term May 2026 through April 2027 Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027
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
Ferndale is located in Michigan. Ferndale, Michigan has a population of 19,414. Ferndale is less family-centric than the surrounding county with 27.64% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Ferndale, Michigan is $79,181. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Ferndale is 35.1 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 33.8 inches of snow per year.
