New Price! 2-Unit Bungalow-Style Duplex Near Downtown Ferndale

617 E Bennett Ave East Bennett Avenue Ferndale, MI 48220

Ferndale
FOR SALE
Property Type:
Other Residential
Amount:
$225,000
Cap Rate:
0.00%
Last Verified:
Sep 08, 2026

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Aug 24, 2026 16:05:52



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. Can be purchased separately fro $225,000 or with another 2-unit rental in Ferndale listed Ferndale for $585,000 together (1447 Albany St.). Please do not disturb the tenants.


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Map of 617 E Bennett Ave East Bennett Avenue , Ferndale, MI, 48220

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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