#20250016672, Tracey M Stemen, Dale W Stemen, Listing Office: Brookstone, Realtors LLC
141 Ferndale Ave Rochester, MI 48307
Property details
About 141 Ferndale Ave
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don’t miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.
Highlights
Summary
- MLS Number: 20250015782
- MLS Name: Realcomp II Ltd
- Office Name: Brookstone, Realtors LLC
- Office Phone: (248) 963-0505
- Listing Agent: Derrick Kajbo
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Last updated on: 3/14/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
141 Ferndale Ave
$5,343
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 13, 2023 | Home Sold | $275,000 |
Aug 23, 2002 | Home Sold | $145,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $138,520 | $4,174 |
2023 | $146,390 | $3,776 |
2022 | $131,040 | $3,776 |
2021 | $128,960 | $3,776 |
2020 | $120,360 | $3,809 |
2018 | $112,520 | $3,775 |
2017 | $109,080 | $3,700 |
History based on county public records data.
Nearby schools
9
North Hill Elementary School
Public District PK-5
0.3 mi
•1385 Mahaffy Ave
5
McGregor Elementary School
Public District PK-5
1.2 mi
•1101 1st St
8
Long Meadow Elementary School
Public District PK-5
1.3 mi
•450 Allston Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,705. Most Rochester, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 141 Ferndale Ave
This home is located at 141 Ferndale Ave in Rochester, MI and zip code 48307. This 2,100 square foot home, which was built in 1942, sits on a 0.17 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $449,900.
While more than 5 listings in Rochester, MI in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Rochester, MI decreased by 6.9% between January and February 2025. While the average time on the market in February 2025 was 34 days, the median list price was $553,000.