617 E Bennett Avenue Ferndale, MI $ 225,000
617 E Bennett Avenue
$ 225,000
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617 E Bennett Avenue

Ferndale, MI, 48220
$ 225,000
Bedrooms3 Baths2.1 Sq 2,259

Monthly Estimate*

$ 1,421

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Multi-Family Home for sale in Ferndale, MI

for $225,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,259 square foot home was built in 1925 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 225,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,405

Style

Bungalow,Upper Lower Apartment

Lot Size

0.12

Year Built

1925

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20261067536

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Composition
Garage Spaces 0.0
Patio/Porch Features Deck Porch
Architectural Style Bungalow UpperLowerApartment
Pool Features None
Construction Materials WoodSiding
Pets Allowed Call
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 12400.0
Operating Expense 11000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name FRANK GRIX
Garage Y/N Y
Rent Includes Water YardMaintenance
Full Baths 2
Status Active
Directions Woodward Ave north of 8 Mile Rd head east on Chesterfield right at Hilton left to continue on Chesterfield to right on Fair Street to right on Bennett Ave.
City FerndaleCity_Oakland
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ferndale
Zoning Description Residential
Number Of Units Total 2
MLS Area Area02258Ferndale
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 7405.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 104310
Expected Active Date 2026-08-24
Legal Description T1N R11E SEC 35 FRANK GRIX SUB LOT 67
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Interior
Basement Full PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1559.0
Half Baths 1
Below Grade Finished Area 700.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities ChimneyCaps
Parking Features Garage
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 50X105
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 617
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* Excluded Features
List By
Emil Cherkasov

Listing Agent

Forward Commercial Group

Broker

(248) 662-5066

Phone

Affordability Calculator

$2,038
Per Month
70%
30%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$225,000 Listed Price

Map


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617 E Bennett Avenue, Ferndale, MI, 48220 is a Multi-Family Home for sale at $225,000 with 2,259 sqft and a lot size of 0.12. 617 E Bennett Avenue has 3 bedrooms, 2.1 baths, and was built in 1925. The property's zip code is 48220 which is in Ferndale, MI