$295,000

306 N Kenwood Avenue, Royal Oak, MI 48067

  • 2 baths |
  • 1,396 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Rare 2.375% assumable FHA mortgage opportunity! Qualified buyer may assume the existing mortgage and take advantage of a substantially below-market interest rate. Subject to lender approval. Welcome to 306 N. Kenwood Avenue! An exceptional duplex nestled on one of Royal Oak's picturesque tree-lined streets, just a short stroll from the restaurants, boutiques, nightlife, and year-round events of vibrant downtown Royal Oak. Whether you're looking to expand your investment portfolio, owner-occupy while generating rental income, or accommodate multi-generational living, this well-maintained property offers incredible flexibility. The lower unit features 2 bedrooms and 1 full bathroom, with the bathroom beautifully updated in 2021. The upper unit has been thoughtfully renovated in 2024, showcasing new flooring, fresh neutral paint, a completely remodeled bathroom, and an updated kitchen with modern finishes. Additional features include a welcoming enclosed front porch, a shared basement with dedicated storage for each unit, and a detached 2-car garage. Recent mechanical updates include a new furnace (2019) and hot water tank (2023), providing added peace of mind. Conveniently located just minutes from I-75 and I-696, this property combines an unbeatable location with strong investment potential. Opportunities like this in downtown Royal Oak are rare--don't miss your chance to own this move-in-ready duplex in one of Metro Detroit's most sought-after communities!

Listing Status:
Active
Date Added:
August 26, 2026
Data Last Updated:
September 23, 2026 at 3:45PM
Listing Office:
DOBI Real Estate : 248-385-3350
Listing Agent:
Sara Trombly : 586-524-6902
MLS ID:
61024705
  • Appliances: Gas Water Heater
  • Basement: Block
  • A/C: Ceiling Fan(s)
  • Heating: Forced Air
  • Style: Colonial
  • Other Structures: Porch
  • General: Aluminum SidingTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Royal Oak Neighborhood Schools
  • County: Oakland
  • Zoning: T1NR11ESEC 14 HOWARTH GARDENS LOT 41
  • Fencing: Fenced
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Sara Trombly , DOBI Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

2341 Mcdowell Street, Ferndale, MI 48220
Multi-Family Home For Sale

$299,900

  • 3 bath |
  • 1,251 sqft |
  • 0.33 acre lot
2341 Mcdowell Street Ferndale, MI 48220

#61028849 - Real Broker, LLC Birmingham

511 Woodcrest Drive, Royal Oak, MI 48067
Multi-Family Home For Sale

$300,000

  • 2 bath |
  • 1,508 sqft |
511 Woodcrest Drive Royal Oak, MI 48067

#61026774 - Brookstone, Realtors LLC

316 Spencer Street, Ferndale, MI 48220
Multi-Family Home For Sale

$339,900

  • 2 bath |
  • 1,368 sqft |
316 Spencer Street Ferndale, MI 48220

#61026382 - @properties Christie's Int'l R.E. Birmingham

401 Pingree Boulevard, Royal Oak, MI 48067
Multi-Family Home For Sale

$309,900

  • 2 bath |
  • 1,401 sqft |
401 Pingree Boulevard Royal Oak, MI 48067

#61024297 - Max Broock, REALTORS-Royal Oak

406 W 12 Mile, Royal Oak, MI 48073
Multi-Family Home For Sale

$285,000

  • 2 bath |
  • 1,400 sqft |
406 W 12 Mile Royal Oak, MI 48073

#61010899 - Douglas Rose Realty