Fantastic investment opportunity to own a duplex located in the highly sought after city of Ferndale. Building offers great opportunities from a first-time home buyer who can live in one unit and rent out the other or any investor to add to their portfolio and own in a fantastic and quickly growing community. Each unit is 2 bedrooms 1 full bathroom. First floor offers a beautiful covered front porch perfect for enjoying the wonderful summer and fall weather Michigan has to offer with spacious living room that flows directly into the dining room and kitchen. Upstairs has been nicely renovated and boasts a very nice open concept floor plan making the unit feel far bigger. Each unit has separate entrances and the building sits on a larger lot with extended driveway offering tenants off street parking adding perks to obtaining higher rent. Situated just steps from the award-winning night life and restaurants Ferndale has to offer on Woodward Ave plus just a quick drive to the awesome city of Royal Oak. This multifamily is a can't lose investment for any purchaser.
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Street View
$329,900
1416 Leroy St, Ferndale, MI 48220
4beds
1,244sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$294,600 Zestimate®
$265/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 175 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: 14 hours ago
Listed by:
Spencer Ray 313-924-8384,
Jim Saros Real Estate Services 313-886-9030
Source: Realcomp II,MLS#: 20251024767

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,244 sqft
- Finished area above ground: 1,244
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 125
Details
- Parcel number: 2533204025
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Sewer At Street
- Water: Other
Community & HOA
Community
- Subdivision: LEGGETT FARM
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $99,000
- Annual tax amount: $7,118
- Date on market: 8/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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