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  • $329,900

    1416 Leroy St, Ferndale, MI 48220

    4beds
    1,244sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $294,600 Zestimate®
    $265/sqft
    $-- HOA

    What's special

    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.
    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#: 20251024767MLS Logo
    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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