For sale

$249,900

1949 Leitch Rd, Ferndale, MI 48220

4beds

1,591sqft

$2,039/mo

Get pre-qualified

Multi Family

Built in 1943

-- sqft lot

$243,600 Zestimate^®

$157/sqft

$-- HOA

What's special

Investor Special in Desirable Ferndale! Excellent investment opportunity in one of Ferndale's most sought-after neighborhoods. This well-maintained two-unit bungalow offers strong income potential with only minor cosmetic updates needed. The property already has a Certificate of Compliance, making it an attractive option for investors or owner-occupants. The lower unit features three bedrooms, one full bath, a spacious living room, dining room, and a full kitchen. The upper unit includes one bedroom, one full bath, living room, and a full kitchen. Shared laundry facilities in the basement, separate gas and electric utilities for each unit, with the owner responsible for water. Off-street parking. One other duplex available.

38 days
436
42

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: Range/Oven, Refrigerator, Gas Water Heater

Features

Basement: Block
Has fireplace: No

Interior area

Total structure area: 1,591
Total interior livable area: 1,591 sqft

Property

Parking

Total spaces: 2
Parking features: 2 Spaces

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Porch
Exterior features: Sidewalks, Street Lights
Frontage length: 40

Lot

Size: 4,356 Square Feet
Dimensions: 40 x 111
Features: Subdivision

Details

Parcel number: 2526383031
Special conditions: Private

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Basement

Condition

Year built: 1943

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sanitary
Water: Public

Community & HOA

Community

Subdivision: Fordmount Park

Location

Region: Ferndale

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $200,200
Annual tax amount: $3,181
Date on market: 8/10/2026
Cumulative days on market: 29 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Total actual rent: 1550
Road surface type: Paved

Estimated market value

$243,600

$231,000 - $256,000

$1,572/mo

Price history

Date	Event	Price
8/24/2026	Listed for sale	$249,900$157/sqft
Source: MiRealSource #50217968 Report a problem
8/14/2026	Listing removed	$249,900$157/sqft
Source: MiRealSource #50217968 Report a problem
8/10/2026	Listed for sale	$249,900+614%$157/sqft
Source: MiRealSource #50217968 Report a problem
8/1/1985	Sold	$35,000$22/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,099 -1.7%	$100,100 +8.2%
2024	$3,152 +3.8%	$92,540 +11.9%
2023	$3,037 +0.6%	$82,670 +9%
2022	$3,020 +1.7%	$75,870 +11.3%
2021	$2,969	$68,160 +11.1%
2020	--	$61,340 +16.4%
2019	$2,921 +3.7%	$52,690 +12.2%
2018	$2,816 +1%	$46,950 +2.5%
2017	$2,789	$45,800 +10.7%
2016	$2,789	$41,390 +15.7%
2015	--	$35,780 +16.2%
2014	--	$30,800 -15.9%
2011	--	$36,610 -22.8%
2010	$2,843 -0.5%	$47,400 -21.3%
2009	$2,858 +13.7%	$60,260 -48.1%
2005	$2,513	$116,130 +57.9%
2003	--	$73,550 +19.8%
2002	--	$61,390 +77.8%
2001	$2,354 +3.8%	$34,520 +3.2%
2000	$2,267	$33,450