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For sale
  • Price cut: $5K (8/25)
    $455,000

    242 W Webster St, Ferndale, MI 48220

    4beds
    1,860sqft
    : 
    Duplex
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $245/sqft
    $-- HOA

    What's special

    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.
    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#: 20251024095MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 242 W Webster St.

    Next available tour time:Today at 11am

    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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