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$399,900
ACTIVE Status ⋅ 4 Beds ⋅ 1 Baths ⋅ 50220696 MLS
White Lake Twp/Oakland County Lakefront Living under $400,000.00! Round Lake is a private, all sports lake with approximately 1500 sq. ft. of completely remodeled living space. 4 BD 1 BA with 50' of frontage features a newer dock, all new exterior siding, carpet throughout, bathroom, kitchen, lighting, paint throughout, new 20x10 deck, firepit, professional landscaping, air conditioning all new this summer. Move right in for everyday living, investment property for rental income, or a lake cottage for your friends and family to enjoy. Nearby lakes include Cooley Lake, Long Lake, Bogie Lake and Union Lake. 35 miles NW of downtown Detroit, close to major Oakland County communities and convenient to shopping and restaurants.

1261 Grove Point Drive, White Lake

Listing Courtesy of Howard Hanna Real Estate Services-Adrian, Office Phone: 517-263-4100
$399,000
ACTIVE UNDER CONTRACT Status ⋅ 3 Baths ⋅ 61020771 MLS
WOW! Beautifully renovated income property opportunity!! New well, septic system, water heaters, HVAC units, kitchens, bathrooms and the list goes on and on!! Property consists of a 2 bed home and a duplex.

2510 Lakeside Drive, Highland

Listing Courtesy of G David Real Estate LLC, Office Phone: 248-767-9002
$389,900
ACTIVE Status ⋅ 3 Baths ⋅ 61026137 MLS
Charming 3 Unit Income Producing Multifamily in the Heart of Royal Oak! Discover a fantastic investment opportunity just blocks from downtown Royal Oak! This charming Craftsman-style multi family home offers timeless character, generous living space, & excellent income-producing potential w/ 3 separate units, each featuring its own private entrance & appliances. The main-floor unit welcomes you w/ a spacious, light-filled living area showcasing beautiful hardwood floors & abundant natural light. The kitchen features ceramic flooring, ample cabinetry & counter space, a convenient eat-in area. The main level has washer/dryer hookup. Two generously sized bedrooms provide plenty of closet space, while the updated bathroom features a new vanity, toilet, fixtures, & refreshed shower tile. The second-floor unit offers 2 bedrooms w/ deep closets & additional storage, along with a comfortable kitchen featuring an eat-in area & a stackable washer/dryer. The updated bathroom includes a new vanity, flooring, & refreshed shower area.The lower-level unit is a cozy studio with an open-concept kitchen and living area, a full bathroom with stand-up shower, and its own washer and dryer. A split heating/cooling system (2022) provides added comfort.Recent improvements include two new furnaces & A/C (2017) serving the first & second-floor units, along w/new electrical panels, offering added peace of mind for the next owner. Outside, enjoy a classic covered front porch, a quiet residential setting, private entrances for all three units, rear parking, and additional street parking. With its desirable location near downtown Royal Oak, shopping, restaurants, entertainment, and major commuter routes, this property offers an excellent opportunity for an investor seeking multiple income streams or an owner-occupant looking to offset their mortgage w/ rental income. Three units all seperate meters. Multiple income opportunities. Prime Royal Oak location!!

307 S Laurel Street, Royal Oak

Listing Courtesy of Real Estate One-Clinton Twp, Office Phone: 586-783-7888
$389,900
ACTIVE Status ⋅ 3 Baths ⋅ 61015494 MLS
Investor opportunity! 3 units within walking distance of downtown Oxford Village. Main house has 2 units plus Historic Oxford Train Depot. All units have private entries. Main house: roof (9/21), furnace (7/21), detached 2 car garage. 1 block to Polly Ann trail. Please do not walk property or disturb tenants. Showings available upon accepted offer.

61-67 East Street, Oxford

Listing Courtesy of Howard Hanna Birmingham, Office Phone: 248-283-8700
$360,000
ACTIVE Status ⋅ 5 Baths ⋅ 61015090 MLS
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.

1447 Albany Street, Ferndale

Listing Courtesy of Forward Commercial Group, Office Phone: 248-662-5066
$350,000
ACTIVE Status ⋅ 2 Baths ⋅ 61026774 MLS
Opportunity meets location in the heart of Royal Oak! This charming 1920s home is ideally situated within walking distance of downtown Royal Oak and offers a rare combination of location, lot size, and flexibility. Currently configured and used as a two-unit property with separate upper and lower living spaces, the home has been occupied by family members for approximately 20 years and presents multiple possibilities for its next owner. Continue its use as a duplex and explore its potential as an investment property, convert it back to a spacious single-family residence, or take advantage of the generous lot and prime location for future new construction. Whether you're an investor, homeowner, renovator, or builder, this property offers an exciting opportunity to create something special in one of Royal Oak's most desirable locations. Bring your vision and imagine the possibilities! BATVAI

511 Woodcrest Drive, Royal Oak

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505
$339,900
ACTIVE Status ⋅ 2 Baths ⋅ 61026382 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 Street, Ferndale

Listing Courtesy of @properties Christie's Int'l R.E. Birmingham, Office Phone: 248-850-8632
$329,000
ACTIVE Status ⋅ 2 Baths ⋅ 61029484 MLS
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!

967 Alberta Street, Ferndale

Listing Courtesy of DOBI Real Estate, Office Phone: 248-385-3350
$325,000
ACTIVE Status ⋅ 2 Baths ⋅ 60990864 MLS
Multiplicity of use is the key here! Multiple houses, multiple lots, and access to Square Lake - oh the possibilities! There are two houses on one lot currently rented to tenants, plus three additional vacant parcels. The roomy "main" 3-bedroom house was recently renovated, including new flooring, doors and fixtures, remodeled kitchen and bath, plus waterproofing in the basement. The tidy 2-bedroom "cottage" house offers comfort, simplicity, and privacy. The combined four lots are approx. 180' of road frontage and 118' deep, 1/2-acre total, plenty of room for a luxury new-build! There's access to Square Lake (via neighborhood beach association) and high-end new construction nearby, too. (FYI: Income/expenses figures above are estimates based on future rents, future tax/insurance, etc.) This is a unique property with all kinds of potential! (Please do not walk the property or disturb the tenants without an approved appointment with a licensed Realtor.) Take a look!! **Also listed as MLS 20261031558

1850 + 1852 Ward Road, Bloomfield Hills

Listing Courtesy of Real Estate One-Royal Oak, Office Phone: 248-548-9100
$319,900
ACTIVE Status ⋅ 5 Baths ⋅ 60355286 MLS
Multi-family on beautiful private all sports Van Norman Lake. 2500 Square foot built in 1917 and recently updated with 3 official licensed rental status. Home has 5 bedrooms, 3 full baths, 2 fireplaces, and business office with a small art gallery. Includes 200 square foot furnished cottage with natural fireplace and includes 32 foot custom built Mississippi river paddle boat with custom dock.

5826 Andersonville Road, Waterford

Listing Courtesy of Coldwell Banker Metro Real Estate, Office Phone: 248-242-7282
$309,900
ACTIVE Status ⋅ 2 Baths ⋅ 61024297 MLS
Don't miss this incredible opportunity in Royal Oak! Situated on a quiet street, this charming duplex sits on a large, peaceful lot and offers tremendous potential for investors or developers. Each unit features 2 bedrooms and 1 full bath, along with inviting porches overlooking the wooded backyard. The property is conveniently located within walking distance to downtown Royal Oak and close to parks, restaurants, shopping, and everything the city has to offer. Whether you're an investor looking for established tenants and immediate income potential, or want to renovate for a bigger ROI and rent opportunities, or a developer envisioning a future dream home on a desirable lot, 401 Pingree offers flexibility and opportunity in an exceptional location. Don't miss your chance to explore all this property has to offer!

401 Pingree Boulevard, Royal Oak

Listing Courtesy of Max Broock, REALTORS-Royal Oak, Office Phone: 248-548-9100
$305,000
ACTIVE Status ⋅ 2 Baths ⋅ 61021531 MLS
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!

3021 Goodrich Street, Ferndale

Listing Courtesy of KW Showcase Realty, Office Phone: 248-360-2900
$299,900
COMING SOON Status ⋅ 3 Baths ⋅ 61028849 MLS
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!

2341 Mcdowell Street, Ferndale

Listing Courtesy of Real Broker, LLC Birmingham, Office Phone: 248-541-4900
$299,900
ACTIVE Status ⋅ 16 Baths ⋅ 60365989 MLS
An amazing opportunity right here!!! 5.55 Acres Total!! There was a house previously on parcel 14-10-327-032 that was torn down and then that is when that parcel was was Rezoned to multi-family. The Back Parcel ID 14-10-327-031 also included in the sale, This parcel could possibly be rezoned as well to Multi Family. Prime area close to Freeways, Restaurants & Shopping!!

1699 Giddings Road, Pontiac

Listing Courtesy of Wilhelm & Associates, Office Phone: 248-625-9500
$299,000
ACTIVE Status ⋅ 2 Baths ⋅ 61025884 MLS
Have your renters pay your mortgage! This home is being sold furnished! This two-unit home has a well-cared for 2-bedroom, 1 bath first floor unit and a 2nd floor 1 bedroom, 1 bath apartment. Homeowners have lovingly maintained and updated this historic home without stripping the home's character. Generous room sizes, plaster walls, original window casings, doors, hardware and floors. Second floor renter occupies space and will show Buyers at purchase agreement acceptance. Newer furnace, windows, a/c units, water heaters, roof, driveway and updated bathroom upstairs. Second floor unit is a one bedroom apartment and features a covered porch with composite, maintenance-free decking. Fresh aphalt with parking for 5 vehicles. Lot is extra large, partially fenced, treed and with a large shed. Washer and dryer in basement is shared by tenants. Basement door can be locked so only homeowner can use as storage, workshop, etc. Lake Specs: Silver Lake is a 101-acre, all sports, sand-bottom with maximum depth of 73 feet. Subdivision has a voluntary lake association with beach and lake access. Very convenient location off Dixie Highway and near shopping, restaurant, close to Fish Hatchery Park and Drayron Plains Nature Center. SECOND FLOOR IS OCCUPIED. DO NOT KNOCK. Floorplans and dimensions in pictures. This home is turn key, updated, furnished and has a current renter who understands that new owners may increase rent.

2222 Montroyal Avenue, Waterford

Listing Courtesy of Max Broock, REALTORS(r)-Bloomfield Hills, Office Phone: 248-644-4700
$295,000
ACTIVE Status ⋅ 2 Baths ⋅ 61024705 MLS
Welcome to 306 N. Kenwood Avenue! An exceptional duplex nestled on one of Royal Oak's picturesque tree-lined streets, just a short stroll from the restaurants, boutiques, nightlife, and year-round events of vibrant downtown Royal Oak. Whether you're looking to expand your investment portfolio, owner-occupy while generating rental income, or accommodate multi-generational living, this well-maintained property offers incredible flexibility. The lower unit features 2 bedrooms and 1 full bathroom, with the bathroom beautifully updated in 2021. The upper unit has been thoughtfully renovated in 2024, showcasing new flooring, fresh neutral paint, a completely remodeled bathroom, and an updated kitchen with modern finishes. Additional features include a welcoming enclosed front porch, a shared basement with dedicated storage for each unit, and a detached 2-car garage. Recent mechanical updates include a new furnace (2019) and hot water tank (2023), providing added peace of mind. Conveniently located just minutes from I-75 and I-696, this property combines an unbeatable location with strong investment potential. Opportunities like this in downtown Royal Oak are rare--don't miss your chance to own this move-in-ready duplex in one of Metro Detroit's most sought-after communities!

306 N Kenwood Avenue, Royal Oak

Listing Courtesy of DOBI Real Estate, Office Phone: 248-385-3350
$285,000
ACTIVE Status ⋅ 2 Baths ⋅ 61010899 MLS
Charming two unit multifamily in prime Royal Oak, minutes to downtown dining, shopping, parks, and quick access to Woodward and 696. Ideal house hacking opportunity with privacy. Classic early 1900s two story colonial style design with a steep gable roofline, clean siding, bright white trim, and a welcoming covered front porch. Upper unit is vacant and offers a spacious one bedroom with great natural light, hardwood floors, and updated kitchen and bath. Lower unit is a two bedroom currently rented at 1250 per month with a current tenant. Plenty of parking in back.

406 W 12 Mile, Royal Oak

Listing Courtesy of Douglas Rose Realty, Office Phone: 810-623-0228
$275,000
ACTIVE Status ⋅ 2 Baths ⋅ 61011893 MLS
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!

1936 Farrow Street, Ferndale

Listing Courtesy of Good Company, Office Phone: 248-733-5811
$275,000
ACTIVE Status ⋅ 2 Baths ⋅ 61010101 MLS
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.

437 W Bennett Avenue, Ferndale

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0501
$250,000
ACTIVE Status ⋅ 6 Baths ⋅ 61026629 MLS
6-Unit Value-Add Investment Opportunity! Currently 2 units are occupied at $1,010/month each, while 4 units are vacant and offer significant upside through lease-up and improvements. The property consists of 4 one-bedroom units, 1 two-bedroom unit, and 1 studio. Potential rents are approximately $1,010/month for each 1-bedroom, $1,200/month for the 2-bedroom, and $600/month for the studio, providing potential gross rental income of approximately $6,040/month ($72,480 annually) when fully leased. Great opportunity for an investor to renovate, stabilize occupancy, increase NOI, and build equity.

74 Newberry Street, Pontiac

Listing Courtesy of Braven Enterprises LLC, Office Phone: 248-457-5499
$250,000
ACTIVE Status ⋅ 2 Baths ⋅ 60976670 MLS
Turnkey 2-unit income property capable of producing a 10% + cap rate in the heart of Pontiac! The return on investment (ROI) makes this building profitable. This well-laid-out up and down flat features two separate units furnished, each offering 2 bedrooms and 1 full bath, providing excellent rental potential and strong cash-flow opportunity. Ideal for buy-and-hold investors or owner-occupy whole property or house hack by living in one unit and leasing out the other to offset their mortgage. Possible Airbnb and or VRBO venture for income versatility. Each unit includes its own kitchen and living space, creating functional, desirable layouts for tenants. A full basement adds additional storage potential, and the 2.5-car detached garage provides valuable parking and utility a major tenant bonus. This property presents an attractive entry point pricing for investors looking to expand their portfolio in a high-demand rental area. Conveniently located near Downtown Pontiac, I-75, M-59, Great Lakes Mall, local amenities and restaurants. Secure a multi-unit property with built-in income potential. DSCR loans, Creative financing. Land contract terms are available with $75,000 down payment at 7% interest with a monthly payment of $1904.72 over the course of 11 years with no pre-payment penalty. One year home warranty included for maintenance free living. This property qualifies for all of these incentives 0-3% Down Payment - Making homeownership more accessible. No PMI (Private Mortgage Insurance) = Lower monthly payments. $3,500-$10,500 in Down Payment Grants that are fully forgiven after 5 total but 20% after each year. NOTE: PLEASE SEE CAP CALCULATOR IN THE LAST 4 PHOTOS THAT SHOWS THE POTENTIAL

398 N Saginaw Street, Pontiac

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505
$249,900
ACTIVE Status ⋅ 70551352 MLS
Multi-unit investment property in Oak Park offering strong ownership potential on a substantial 8,276-square-foot lot. This 2-unit building presents an excellent opportunity for investors seeking to build equity through real estate ownership. This property also includes 13616 Pearson St Oak. Both units are currently vacant. Previous tenant was paying $1200. Come see this great property today.

13610 Pearson Street, Oak Park

Listing Courtesy of Cornerstone Real Estate, Office Phone: 734-316-5886
$249,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 50217968 MLS
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.

1949 Leitch Road, Ferndale

Listing Courtesy of Real Estate One Chesterfield, Office Phone: 586-598-1400
$249,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 50217967 MLS
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.

320 E Cambourne Street, Ferndale

Listing Courtesy of Real Estate One Chesterfield, Office Phone: 586-598-1400
$249,000
ACTIVE UNDER CONTRACT Status ⋅ 3 Baths ⋅ 61013017 MLS
Fantastic investment opportunity with this solid brick Duplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, one currently occupied by Section 8 tenant paying $1,207 per month and the other unit is vacant with the previous tenant paying $1,250 per month. There is a third non conforming unit (A basement studio with egress window, featuring a kitchen, full bath, and family room that would need city approval of a variance or zoning map amendment. Ask for more details. Additional features include a two-car garage for added tenant convenience. Showings are only for top unit and studio unit in basement.

156 Mark Avenue, Pontiac

Listing Courtesy of National Realty Centers, Inc, Office Phone: 248-468-1444
$239,900
ACTIVE Status ⋅ 2 Baths ⋅ 60940850 MLS
Investor Opportunity! Welcome to this well-maintained brick duplex at 832 Huron St, Pontiac. Each unit offers 2 bedrooms, 1 full bath, spacious living and dining rooms, and a full kitchen. The shared basement provides plenty of storage, plus a 2-car garage for added convenience. Ideally located near shopping, dining, and entertainment, and just minutes from Downtown Pontiac's vibrant arts, culture, and dining scene. Both units are currently tenant-occupied with paying renters, making this property an excellent income generator from day one - or a great option for a buyer looking to live in one unit and rent out the other.

832 W Huron Street, Pontiac

Listing Courtesy of Keller Williams Paint Creek, Office Phone: 248-609-8000
$229,000
ACTIVE Status ⋅ 2 Baths ⋅ 60995342 MLS
Discover this beautifully updated duplex in charming Holly, Michigan -- an excellent opportunity for owner-occupants, investors, or multi-generational living! The upper-level unit offers 508 square feet of thoughtfully refreshed living space featuring 1 bedroom and 1 full bathroom. Freshly painted throughout with a clean, neutral aesthetic, this move-in-ready unit includes new flooring in the kitchen and living area, along with beautifully refinished hardwood flooring in the bedroom. A dedicated area for in-unit laundry adds everyday convenience and functionality. The spacious ground-level unit features 784 square feet with 2 bedrooms and 1 full bathroom. This inviting space boasts fresh paint throughout, refinished hardwood flooring in the living room and both bedrooms, and new flooring in the kitchen. An abundance of windows fills the home with natural light, creating a bright and welcoming atmosphere. Enjoy relaxing mornings or evenings on the large screened-in porch -- the perfect extension of the living space. Both units include additional storage space, providing extra convenience and practicality for tenants or homeowners alike. With tasteful updates, classic character, and move-in-ready condition throughout, this Holly duplex is a standout opportunity you won't want to miss!

512 S Broad Street, Holly

Listing Courtesy of Wentworth Real Estate Group, Office Phone: 810-955-6600
$225,000
ACTIVE Status ⋅ 3 Baths ⋅ 61023950 MLS
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.

617 E Bennett Avenue, Ferndale

Listing Courtesy of Forward Commercial Group, Office Phone: 248-662-5066
$200,000
ACTIVE Status ⋅ 3 Baths ⋅ 61014260 MLS
Madison Height's leading home seller presents Two Units, One Great Investment! This side-by-side multifamily property offers two separate units under one roof: the left unit features one bedroom and one full bath, while the right unit offers three bedrooms and two full baths. Both units are currently leased, with the one-bedroom generating $800/month and the three-bedroom generating $1,100/month -- each on a 12-month lease, offering immediate cash flow for an investor. Move-in ready and full of charm, the right unit features a bright enclosed front porch with windows on every side and built-in storage -- a welcoming spot to relax. Step inside to a spacious living room with an open staircase and recessed lighting that flows into the dining area, which wraps around to an updated kitchen with stainless steel appliances and ample cabinet space. A convenient entry-level full bath with laundry sits just off the kitchen. Upstairs offers three bedrooms and a second full bath, including a primary bedroom with direct bath access and generous closet space. Out back, enjoy a shared yard with a storage shed and plenty of parking. Welcome home -- or welcome to your next investment!"

335 W Lincoln Avenue, Madison Heights

Listing Courtesy of Good Company, Office Phone: 248-733-5811
$189,999
ACTIVE Status ⋅ 4 Baths ⋅ 61024316 MLS
Welcome to this fantastic investment opportunity--a spacious duplex located in a quiet, desirable neighborhood. This well-maintained multifamily property features one tenant-occupied unit already generating income and one vacant unit ready for immediate occupancy or a new tenant, offering the perfect combination of current cash flow and added flexibility for the new owner. Each unit features 2 bedrooms and 1 bathroom, along with separate furnaces, water meters, and dedicated laundry spaces, providing convenience and independence for both occupants. Low property taxes further enhance the property's strong cash-flow potential. Recent updates include the rebuilding and resurfacing of the flat-roof patio, creating a great outdoor space, as well as a fully remodeled upper-unit bathroom featuring modern finishes and a fresh, updated design. Whether you're an investor looking to expand your portfolio, a buyer interested in house hacking, or someone seeking a steady income-producing property, this duplex offers immediate rental income with additional upside from the vacant unit. Don't miss this opportunity to own a versatile multifamily property in a peaceful, desirable location!

132 E Howard Street, Pontiac

Listing Courtesy of Community Choice Realty Inc, Office Phone: 248-729-0011