Duplex Bungalow with Updated
634 E Lewiston Avenue, Ferndale, MI 48220
New
MULTI_FAMILY - Bungalow - Ferndale, MI
Property size:
1,466 SFLot size:
0.13 AcresPrice / SF:
$245/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 3:06 am
Property Features for 634 E Lewiston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 2
- Pets allowed
- Yes
- Standard status
- Active
- APN
- 2527455010
- Size
- 1,466 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- T1N, R11E, SEC 27 MICHELSON WOODS SUB LOT 108, ALSO 1/2 OF VAC ALLEY ADJ TO SAME 6-19-89 CORR
- Tax Annual Amount
- 7415
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Roof type
- Asphalt
- Architectural style
- Bungalow
Listing agent Christopher Kinch (248) 288-3500
Listing office KW Metro 423 S Washington Ave, Royal Oak, MI (248) 288-3500
Listing date Jun 23, 2026
MLS# 20261047536
Listing URL
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1927 bungalow with vinyl exterior and asphalt roof
- Forced‑air heating with two forced‑air HVAC systems and central AC plus ceiling fans
- Public water source; updated bathrooms and hardwood floors
- Multiple kitchens and baths with quartz countertops and newer appliances
- Basement plus 3 bedrooms and 2 bathrooms (Bedroom 1–3; Bathroom 1–2)
Overview
This duplex bungalow is configured as an upper and lower unit, offering multiple kitchens and baths for flexible living and rental arrangements. Interior features include classic cove ceilings and hardwood floors, with kitchens that have quartz countertops and newer appliances. The bathrooms have been updated, and the home is supported by two forced-air HVAC systems with central A/C to help maintain comfort throughout the property. A large yard adds outdoor space for day-to-day use.
Located in Ferndale, Michigan in Oakland County, the property is offered for sale at 634 E Lewiston Avenue (48220). With its bungalow-style layout and distinct upper/lower setup, it fits buyers looking for a residential income property that can accommodate more than one household arrangement.
The unit-by-unit configuration supports a variety of practical uses, including renting both levels or living in one portion while leasing the other. For tenants, the dual-HVAC setup is a direct benefit for maintaining temperatures across the home. For owner-occupants and investors, the combination of updated kitchen and bath elements, multiple kitchens and baths, and the clear separation between upper and lower spaces makes the property straightforward to operate as a residential income asset.
Located in Ferndale, Michigan in Oakland County, the property is offered for sale at 634 E Lewiston Avenue (48220). With its bungalow-style layout and distinct upper/lower setup, it fits buyers looking for a residential income property that can accommodate more than one household arrangement.
The unit-by-unit configuration supports a variety of practical uses, including renting both levels or living in one portion while leasing the other. For tenants, the dual-HVAC setup is a direct benefit for maintaining temperatures across the home. For owner-occupants and investors, the combination of updated kitchen and bath elements, multiple kitchens and baths, and the clear separation between upper and lower spaces makes the property straightforward to operate as a residential income asset.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $19.80 |
| − Vacancy | −$1.3k | −$0.89 |
| EGI | $27.7k | $18.91 |
| − OpEx | −$8.3k | −$5.67 |
| NOI | $19.4k | $13.24 |
1,466 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.2K
$242.6K – $323.4K
NOI $19,404 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$256.9K
$224.8K – $299.7K
NOI $17,982 @ 7.0% cap · market cap 5.00%
Theoretical Best
Specialty Retail
$316.2K
$276.7K – $368.9K
NOI $22,134 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.128518
- Latitude
- 42.464234
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Versatile upper and lower units with multiple kitchens and baths, updated finishes, and dual forced-air HVAC for year-round comfort.
Where is this duplex located?
The property is located at 634 E Lewiston Avenue Ferndale, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1927 bungalow with vinyl exterior and asphalt roof; Forced‑air heating with two forced‑air HVAC systems and central AC plus ceiling fans; Public water source; updated bathrooms and hardwood floors
