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!
Investor Special in Desirable Ferndale! Excellent investment opportunity in one of Ferndale's most sought-after neighborhoods. This well-maintained two-unit bungalow offers strong income potential with only minor cosmetic updates needed. The property already has a Certificate of Compliance, making it an attractive option for investors or owner-occupants. The lower unit features three bedrooms, one full bath, a spacious living room, dining room, and a full kitchen. The upper unit includes one bedroom, one full bath, living room, and a full kitchen. Shared laundry facilities in the basement, separate gas and electric utilities for each unit, with the owner responsible for water. Off-street parking. One other duplex available.
Investor Special in Desirable Ferndale! Excellent investment opportunity in one of Ferndale's most sought-after neighborhoods. This well-maintained two-unit bungalow offers strong income potential with only minor cosmetic updates needed. The property already has a Certificate of Compliance, making it an attractive option for investors or owner-occupants. The lower unit features two bedrooms, one full bath, a living room, dining room, and a full kitchen. The upper unit includes one bedroom, one full bath, living room, and a full kitchen. Shared laundry facilities in the basement, separate gas and electric utilities for each unit, with the owner responsible for water. Off-street parking provides added convenience for tenants. Owner has one other unit available in Ferdale.
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.
Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. 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, and 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!
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.
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!
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.
**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.
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.
**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.
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.