$250,000

617 E Bennett Ave Ferndale, MI 48220

Ferndale Area

Estimated payment $1,962/month

Total Views 98
-- Bed
2.5 Baths
2,259 Sq Ft
$111 Price per Sq Ft

Highlights

  • Hot Property
  • Garage
  • Wood Siding
  • Forced Air Heating System

About This Home

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.

Listing Agent

Emil Cherkasov

Forward Commercial Group License #6502392741 Listed on: 07/23/2026

Forward Commercial Group

Co-Listing Agent

Rachelle Cherkasov

Forward, REALTORS® License #6501406396

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105

Parking

  • Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 2535354035

Community Details

Overview

  • 2 Units
  • Frank Grix Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled in 2016

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1925
  • State Equalized Value: 135130.00
  • Year Renovated: 2016
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.12
  • Co List Office Mls Id: 413121
  • Co List Office Phone: 2487928190
  • Co List Office Mls Id: 391990
  • Above Grade Finished Sq Ft: 1559.00
  • Living Area: 2259.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 700.00

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured
  • Construction Materials: WoodSiding
  • Exterior Features: ChimneyCaps
  • Road Frontage Type: Paved
  • Disclosures: ActualIncome, TaxesNotHomesteadExempt
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Fee Information

  • Operating Expense: 11000.00

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Lot Dimensions: 50X105
  • Parcel Number: 2535354035
  • Land Lease Expiration Date: 2027-07-23
  • Zoning Description: Residential

Rental Info

  • Rent Includes: Water, YardMaintenance
  • Monthly Rental Income: 1950.00

Tax Info

  • Tax Amount Summer: 7186.00
  • Tax Amount Winter: 219.00
  • Tax Annual Amount: 7405.00

Multi Family

  • Gross Scheduled Income: 23400.00
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,186 $135,130 $0 $0
2024 $7,054 $129,650 $0 $0
2023 $6,813 $125,720 $0 $0
2022 $6,755 $116,980 $0 $0
2021 $6,732 $113,760 $0 $0
2020 $6,444 $111,510 $0 $0
2019 $6,491 $93,380 $0 $0
2018 $6,472 $84,000 $0 $0
2017 $3,508 $70,300 $0 $0
2016 $3,468 $56,550 $0 $0
2015 -- $49,830 $0 $0
2014 -- $43,910 $0 $0
2011 -- $56,760 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 For Sale $250,000 -- $111 / Sq Ft
Source: Realcomp

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $155,000 First American Title Insuran
Deed -- --
Deed $35,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $116,250 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20261057355

Realcomp

APN: 25-35-354-035

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