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$539,900
3 Baths 20261072011 MLS
Discover a prime investment opportunity in the heart of Commerce, Michigan. Both Units rented . This commercially zoned lot on a high-traffic street just off Union Lake Road boasts exceptional visibility and accessibility, perfect for your next development project. Imagine building a retail store, office space, or a mixed-use facility that attracts local customers. Adjacent to this lot, a residential property is also available, offering potential for combined commercial and residential use or additional income generation. With Commerce experiencing growth, now is the time to invest in this vibrant community. This property is perfect for savvy investors or entrepreneurs looking to make an impact. Don't miss your chance to secure this valuable asset in a bustling area. Contact us today to learn more about this incredible opportunity and how it can fit into your investment strategy.

3231 Union Lake Rd, Commerce Charter Township

Courtesy of Max Broock Realtors 2488514100

$339,900
2 Baths 20261068082 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 St, Ferndale

Courtesy of @properties Christie's Int'l R.E. Birmingham 2488508632

$225,000
3 Baths 20261067536 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 Ave, Ferndale

Courtesy of Forward Commercial Group 2486625066

$360,000
5 Baths 20261058108 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 St, Ferndale

Courtesy of Forward Commercial Group 2486625066

$475,000
3 Baths 20261047883 MLS
RARE MULTI-FAMILY INVESTMENT IN THE HEART OF FARMINGTON HILLS. Discover a unique and versatile 3-unit property that blends classic 1940s charm with today’s modern comforts. Situated in a prime Farmington Hills location near downtown, Beaumont Hospital, and major expressways (M-5 & I-696), this fully functional multi-family home is ideal for investors or savvy house hackers. The property consists of two spacious 3-bedroom flats—one upper, one lower—plus a cozy basement studio apartment. Original hardwood floors, built-in bookcases, and a remote-controlled electric fireplace preserve the vintage warmth, while updated kitchens with stainless steel appliances, marble tile countertops, and central HVAC bring in the modern touches. Enjoy a large shared yard, convenient basement laundry, and ample off-street parking. This low-maintenance property is a smart addition to any portfolio—or a great way to offset your mortgage by living in one unit and renting out the rest. This is an exceptional opportunity in the Farmington School District—don’t miss it!

21516 Oxford Ave, Farmington Hills

Courtesy of Good Company 2487335811

$525,000
5 Baths 20261043095 MLS
This is a fantastic opportunity to own this multi-tenant property with two buildings on two commercial lots, offering a total of five units. Ideal for investors seeking steady income and long-term value, the property is located in the West Bloomfield School District and is currently fully occupied. The property has been well-maintained, with replacements made as needed. Some units have newer flooring, and all have separate entrances. Each unit features its own thermostat, with the heating system set up in zones. The roof is under 10 years old, and new water heaters were installed in 2023. The standalone building includes a two-car garage attached in the back alleyway, currently utilized by the seller. There are a total of 10 individual parking spaces in addition to the two-car garage. The estimated total square footage for both buildings is 3,400 sq. ft., with two units approximately 1,000 sq. ft. each, one unit estimated at 600 sq. ft., and two more units estimated at 400 sq. ft. each. City rental certificates are current, and the buildings could be used for commercial purposes on the main floors, with private rentals in the upper and lower units. Keego Harbor is known as the heart of the lakes, and all tenants will have access to the two public beaches and eight parks throughout the city. Tenants will also have access to the West Bloomfield Trail along the town's southern boundary, offering scenic biking and walking opportunities. Keego Harbor features 15 retailers and a dozen restaurants within walking distance of the property, contributing to a vibrant community atmosphere. Please reach out with any questions or to schedule a tour. We look forward to helping you explore this fantastic investment opportunity.

2952 Prynne St, Keego Harbor

Courtesy of Benchmark Realty Group Inc 2486404823

$400,000
3 Baths 20261040998 MLS
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

351 Edgewood Pl, Ferndale

Courtesy of The Stephan Group 2485902067