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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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306 N Kenwood Ave , Royal Oak, MI 48067
$295,000
Est. Payment: $655.56/mo
3 Bed
2 Bath
1396 Sqft
Status: Active | Days on site: 22
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403268 - 440731
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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 spacious 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!
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Highlights

Listed by Sara Trombly , 586-524-6902 DOBI Real Estate , 248-385-3350.

Property Type

Residential
Lot/Acreage
0.14

Year Built

1917

County

Oakland

 Neighborhood

Royal Oak City

 School District

City of Royal Oak

Listing ID

20261068292

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer, Range, Microwave, Dryer
Other:
  • ▪ Additional:Master on Main
Water:Public

Exterior Features

Roof:Asphalt
Others:
  • ▪ Additional:Fenced Back, Porch(es)
Sewer:Public
Parking Features:Detached
Principal Interest
$656
Taxes
$449

Home Price

$295,000

Loan Details

30 yrs
%

Down Payment

20%
$59,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $655.56 $448.58 $0.00 $1,104.14
Yearly $7,866.67 $5,383.00 $0.00 $13,249.67
Total $236,000.00 $161,490.00 $0.00 $397,490.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Royal Oak, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.