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Sold for $322,500 on 09/30/25
  • $322,500

    421 W Troy St, Ferndale, MI 48220

    3beds
    1,484sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $322,500 Zestimate®
    $217/sqft
    $-- Estimated rent

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    $1,997/mo

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    $1,997/mo

    Est. payment

    What's special

    Showing times are limited due to the tenants at home work schedule. Please make all requests to show with as much lead time as possible. Welcome to one of the best blocks in Ferndale where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $980 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.

    Zillow last checked: 7 hours ago

    Listing updated: October 02, 2025 at 09:54am

    Listed by:

    Nancy R Robinson 248-224-1013,

    Real Broker Berkley,

    Caren M Goldstone 248-224-1013,

    Real Broker Birmingham

    Bought with:

    Nysrete Lleshaj, 6501443998

    @properties Christie's Int'l R.E. Birmingham

    Source: Realcomp II,MLS#: 20251020081MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • High Speed Internet
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,484 sqft
    • Finished area above ground: 1,334
    • Finished area below ground: 150

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, On Street, Parking Pad
    • Has garage: Yes
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Lighting
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 5,227 sqft
    • Dimensions: 45.29 x 114.6
    Details
    • Parcel number: 2534104014
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924
    • Major remodel year: 2023

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Ferndale
    • Subdivision: ELSINORE

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value
    $322,500