306 N Kenwood Avenue
Royal Oak, MI 48067
Multi Family · MLS # 20261068291 · Listing courtesy of DOBI Real Estate
About this home
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!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.
Location
Similar homes in Royal Oak
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Sep 30, 2026, 5:50 PM.