Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.
For sale
Price cut: $5K (8/25)
$455,000
242 W Webster St, Ferndale, MI 48220
4beds
1,860sqft
Est.:
Duplex
Built in 1926
-- sqft lot
$-- Zestimate®
$245/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 715 |
- 70 |
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 03:33am
Listed by:
Wendi L Miller 248-568-9881,
Good Company 248-733-5811
Source: Realcomp II,MLS#: 20251024095

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Private,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,860 sqft
- Finished area above ground: 1,860
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 122
Details
- Parcel number: 2534452047
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: ADOLPH SLOMANS WOODWARD BLVD
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $184,110
- Annual tax amount: $13,896
- Date on market: 8/8/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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