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Listed price in listed location currency (USD).
$322,500
$340,000

022

MLS® 20251020081

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1484 sqft
Garage Yes
Taxes $4,376
Lot Size 0.12 acres
Approx. Age 1924
Avg. Price Per Sqft $229
MLS® Number 20251020081

Property Address: 421 W Troy St, Ferndale, MI, 48220-3306

Average square foot calculated using Size range provided by listing agent.

Description

Showing times are limited due to the tenants at home work schedule. Please make all requests to show with as much lead time as possible. Welcome to one of the best blocks in Ferndale where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $980 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.
MLS® Number20251020081
Laundry LevelCommon Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageYes
Approx. Age1924
BasementPartially Finished
DrivewayGarage, On Street, Parking Pad
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

Sep 20, 2025End Date
$322,500Sold Price

Sold

Jul 23, 2025List Date
$340,000List Price
Jul 4, 2024End Date
$330,000Sold Price

Sold

Jul 1, 2024List Date
$325,000List Price

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