Fully Occupied Two-Unit Investment | Updated & Income-Producing.
An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath.
Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities.
An income-producing investment with substantial improvements already completed.
Do Not Disturb Tenants.
An excellent opportunity to acquire a fully occupied two-unit bungalow offering immediate rental income and long-term investment potential. Both units feature separate entrances, with the main unit offering 2 bedrooms, 2 full baths and 2 half-baths, and the upper unit offering 2 bedrooms and 1 full bath.
Significant capital improvements include a 2023 roof, furnaces replaced in 2020 and 2024, a 2023 hot water heater, and fully renovated kitchens and bathrooms in both units in 2018. Additional features include a full basement and spacious backyard. Conveniently located just minutes from downtown Ferndale, with easy access to shopping, dining, parks and other amenities.
An income-producing investment with substantial improvements already completed.
Do Not Disturb Tenants.
Property Details
Price:
$360,000
MLS #:
20261083867
Status:
Active
Beds:
0
Baths:
5
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
LEGGETT FARM
Neighborhood:
area02258ferndale
Listed Date:
Oct 15, 2026
Finished Sq Ft:
2,400
Year Built:
1924
See this Listing
Schools
School District:
Ferndale
Interior
Above Grade Finished Area
1600
Bathrooms
3 Full Bathrooms, 2 Half Bathrooms
Below Grade Finished Area
800
Heating
Forced Air, Natural Gas
Levels
One And One Half
Exterior
Architectural Style
Bungalow, UpperLowerApartment
Construction Materials
Aluminum Siding, Vinyl Siding
Financial
Taxes
$4,490
Map
Community
- Address1447 Albany ST Ferndale MI
- SubdivisionLEGGETT FARM
- CityFerndale
- CountyOakland
- Zip Code48220
Subdivisions in Ferndale
- ADOLPH SLOMAN’S WOODWARD BLVD SUB
- ADOLPH SLOMANS WOODWARD BLVD
- ANDERSONS SUB OF RIDGE HEIGHTS
- ANDERSONSOF RIDGE HEIGHTS
- ANSON RIDGE
- ASSR’S REPLAT OF OAKRIDGE SUB
- ASSRS REP OF OAKRIDGE
- ASTON’S SUB OF KNOWLES HEIGHTS
- ASTONSOF KNOWLES HEIGHTS
- BADDER HEIGHTS
- BERMORE
- BERMORENO 1
- C W HARRAHS FERNDALE
- C W HARRAHS FERNDALENO 1
- CAMPBELL HEIGHTS
- EAST URBANREST
- ELSINORE
- FERNRIDGE- FERNDALE
- FIRST ADD TO EAST URBANREST
- FORD HEIGHTS ADD SUB – FERNDALE
- FORD HEIGHTS ADD- FERNDALE
- FORD HEIGHTS SUB – FERNDALE
- FORD HEIGHTS- FERNDALE
- FORDMOUNT PARK
- FORDMOUNT PARK SUB
- FRANK GRIX
- FRANK GRIX SUB
- GARDENDALE
- HARRINGTON WOODS
- HARRINGTON WOODS SUB
- HAWTHORNE PARK
- HAZELCREST SUB – FERNDALE
- HUGO SCHERERS
- KENILWORTH
- LEGGETT FARM
- LEGGETT FARM SUB
- MAPLE RIDGE
- MAPLEDALE
- MAPLEDALE SUB
- MAPLEDALE SUB NO 1
- MARSHALL PLACE CONDO OCCPN 1762
- MICHELSON WOODS
- MORNINGSIDE SUB
- PARKDALE TOWNES
- PARKDALE TOWNES CONDOS
- PINECREST
- POAD
- RESUB OF WOODWARD HEIGHTS
- SHERBORNE PARK
- SOMERSET
- STEPHENSON SUPER-HIGHWAY SUB NO 5- FERNDALE
- STEPHENSON SUPER-HIGHWAYNO 5- FERNDALE
- STORMFELTZ-LOVELY CO WOODWARD AVE
- STORMFELTZ-LOVELY CO WOODWARD AVE SUB
- TEN MILE PARK
- TENNYSON PARK
- THE LITTLE FARMS
- THE LITTLE FARMS SUB
- THE NINE CONDO OCCPN 1914
- THOMAS BROS OAKLAND HEIGHTS- FERN
- THOMAS BROTHERS CLOVERDALE
- THOMAS OAKS
- URBANREST SUB
- WOODLAND PARK
- WOODWARD AVE SUB
- WOODWARD FARMS
- WOODWARD HEIGHTS ROYAL OAK ADD
- WOODWARD HEIGHTS SUB – FERNDALE
- WOODWARD HEIGHTS SUB NO 2 – FERNDALE
- WOODWARD HEIGHTS- FERNDALE
- WOODWARD HEIGHTSNO 2 – FERNDALE
- WOODWARD HOMES
- WYOMING PARK
Market Summary
Current real estate data for Single Family in Ferndale as of Oct 17, 2026
150
Single Family Listed
51
Avg DOM
228
Avg $ / SqFt
$309,685
Avg List Price
Property Summary
- Located in the LEGGETT FARM subdivision, 1447 Albany ST Ferndale MI is a Single Family for sale in Ferndale, MI, 48220. It is listed for $360,000 and features 0 beds, 5 baths, and has approximately 2,400 square feet of living space, and was originally constructed in 1924. The current price per square foot is $150. The average price per square foot for Single Family listings in Ferndale is $228. The average listing price for Single Family in Ferndale is $309,685. To schedule a showing of MLS#20261083867 at 1447 Albany ST in Ferndale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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