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For sale
    • Price cut: $25K (8/24)
    $225,000

    617 E Bennett Ave, Ferndale, MI 48220

    3beds
    2,259sqft
    : 
    $1,743/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $243,600 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    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.
    20 hours
    |
    141
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Emil Cherkasov 248-662-5066,

    Forward Commercial Group 248-662-5066,

    Rachelle Cherkasov 248-792-8190,

    Forward, REALTORS®

    Source: Realcomp II,MLS#: 20261067536MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Full,Partially Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,259 sqft
      • Finished area above ground: 1,559
      • Finished area below ground: 700

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      • Exterior features: Chimney Caps
      • Pool features: None
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 105
      Details
      • Parcel number: 2535354035
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow,Upper Lower Apartment
      • Property subtype: Multi Family
      Materials
      • Wood Siding
      • Foundation: Basement, Poured
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2016

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: FRANK GRIX
      Location
      • Region: Ferndale

      Financial & listing details

      • Price per square foot: $100/sqft
      • Tax assessed value: $104,310
      • Annual tax amount: $7,405
      • Date on market: 8/24/2026
      • Cumulative days on market: 33 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $243,600

        $231,000 - $256,000

        $1,587/mo

        Price history

        DateEventPrice
        8/24/2026Price change$225,000-10%$100/sqft
        Source: Realcomp II #20261067536 Report a problem
        7/23/2026Listed for sale$250,000+61.3%$111/sqft
        Source: Realcomp II #20261057355 Report a problem
        9/13/2024Listing removed$1,250-21.9%$1/sqft
        Source: Zillow Rentals Report a problem
        8/8/2024Listed for rent$1,600$1/sqft
        Source: Zillow Rentals Report a problem
        3/8/2017Sold$155,000-6.1%$69/sqft
        Source: Public Record Report a problem
        12/2/2016Price change$165,000-5.7%$73/sqft
        Source: National Realty Centers, Inc #216105638 Report a problem
        10/30/2016Listed for sale$174,900+399.7%$77/sqft
        Source: National Realty Centers, Inc #216105638 Report a problem
        8/1/1995Sold$35,000$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,267 +4%$135,130 +4.2%
        2024$6,988 +3.4%$129,650 +3.1%
        2023$6,755 +0.3%$125,720 +7.5%
        2022$6,732 +1.9%$116,980 +2.8%
        2021$6,606 $113,760 +2%
        2020-- $111,510 +19.4%
        2019$6,492 +85.1%$93,380 +11.2%
        2018$3,508 +1.2%$84,000 +19.5%
        2017$3,468 $70,300 +24.3%
        2016$3,468 $56,550 +13.5%
        2015-- $49,830 +13.5%
        2014-- $43,910 -22.6%
        2011-- $56,760 -4%
        2010$2,808 -0.5%$59,120 -19.2%
        2009$2,822 +21.9%$73,180 -39.5%
        2005$2,315 $120,980 +46.5%
        2003-- $82,590 +30.1%
        2002-- $63,490 +100.8%
        2001$2,304 +4%$31,620 +3.2%
        2000$2,216 $30,640
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 48220

        Getting around

        64 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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