Investor Special in Desirable Ferndale! Excellent investment opportunity in one of Ferndale's most sought-after neighborhoods. This well-maintained two-unit bungalow offers strong income potential with only minor cosmetic updates needed. The property already has a Certificate of Compliance, making it an attractive option for investors or owner-occupants. The lower unit features three bedrooms, one full bath, a spacious living room, dining room, and a full kitchen. The upper unit includes one bedroom, one full bath, living room, and a full kitchen. Shared laundry facilities in the basement, separate gas and electric utilities for each unit, with the owner responsible for water. Off-street parking. One other duplex available.
Multi-familyProperty Type
1943Year Built
4,356 sq ftLot Size
$157Price/Sq.Ft.
2 spacesParking
Listed by Charles D'Luge• Real Estate One Chesterfield
Mayfield Gardens, located between Woodward Avenue and Hilton Road, is a residential and walkable Ferndale neighborhood with tree-lined blocks and a compact grid of side streets. The neighborhood’s character concentrates around 9 Mile Road at Woodward Avenue, where sidewalk patios, indie storefronts, and late-night marquees set the tempo. Architectural cues lean toward early-20th-century bungalows and tidy colonials with deep porches and small front gardens. The Rust Belt Market and The Loving Touch anchor local culture with maker stalls and live music energy. Green pockets such as Martin Road Park and nearby trails add a calm counterpoint to the commercial corridors.
Provided by Walk Score and Local Logic
Offer insights
1949 Leitch Rd · $249,900
$250K and above
75% chance or better to win
Why $250K+ is a strong offer
DAYS ON MARKET
13 days
The average home goes pending in 43 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Has basement
Bedrooms
Unit 1 bedrooms are on the first floor
Unit 2 bedrooms are on the second floor
Bathrooms
2 full bathrooms (total across property)
Kitchen
Range/Oven
Refrigerator
Laundry & utility
Gas water heater
Heating & cooling
Forced air heating
Separate heat for units
Separate electric and separate gas service for units
Exterior features
Porch
Sidewalks
Street lights
Paved street
Home design
Multi-family property (1 to 4 units)
2 total units
Bungalow style, 1 1/2 story
Built in 1943
Subdivision setting (Fordmount Park)
Parking
2 parking spaces
Construction
Vinyl siding
Basement foundation (block)
Utilities
Public water
Public sanitary sewer
Natural gas fuel
HOA & community
Association/landlord pays taxes
Financial info
Unit 1 rent currently $800
Unit 2 rent currently $750
Electricity and solar
View estimated energy costs and solar savings for this home
Investor Special in Desirable Ferndale! Excellent investment opportunity in one of Ferndale's most sought-after neighborhoods. This well-maintained two-unit bungalow offers strong income potential with only minor cosmetic updates needed. The property already has a Certificate of Compliance, making it an attractive option for investors or owner-occupants. The lower unit features three bedrooms, one full bath, a spacious living room, dining room, and a full kitchen. The upper unit includes one bedroom, one full bath, living room, and a full kitchen. Shared laundry facilities in the basement, separate gas and electric utilities for each unit, with the owner responsible for water. Off-street parking. One other duplex available.
Public Records
Aug 1, 1985
Sold
$35,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,180 (+2.6%)
2024
$3,099 (−1.7%)
2023
$3,152 (+3.8%)
2022
$3,037 (+0.6%)
2021
$3,020 (+1.7%)
2020
$2,969 (+1.7%)
2019
$2,920 (+1.7%)
2018
$2,871 (+2.0%)
2017
$2,816 (+1.0%)
2016
$2,789 (+2.4%)
2015
$2,723 (+3.5%)
2014
$2,630
Public record
Public record
Zoning
Beds
6
Baths
2.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
4,443 Sq. Ft.
Year renovated
1962
Finished Sq. Ft.
1,591
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,591
Year built
1943
Style
Single Family Residential
County
Oakland County
APN
24-25-26-383-031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
R-1
Residential District
To encourage a mix of homes dwelling 1-unit; 2-unit; and accessory dwellings ADs to create cohesive, walkable neighborhoods. 3-unit and 4-unit dwellings are allowed by Special Land Use approval up to a maximum of 4-units per lot including an AD. Neighborhood serving amenities and services such as religious institutions, parks, and recreation are also permitted. The district is defined by tree-lined streets, homes of different architectural styles, and cohesive neighborhoods that facilitate social interaction i.e., front porches, garages located to the side of the dwelling or detached at the rear of the property, etc. The R-1 District prioritizes pedestrian activity via building design, traffic calming infrastructure, crosswalks, sidewalks, and bike lanes.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Public service
Educational/school
Fire house
Police station
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Ferndale, MI • 48220
Average low and high temperatures (°F)
28
17
35
21
53
33
62
42
69
50
82
62
85
68
81
63
77
59
66
48
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1949 Leitch Rd
$247,131
$2,769 under list price of $250K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $213K to $295K.