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Sold for $282,000 on 09/16/25
  • $282,000

    518 E Troy St, Ferndale, MI 48220

    3beds
    1,494sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $280,900 Zestimate®
    $189/sqft
    $1,426 Estimated rent

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    $1,426/mo

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    $1,426/mo

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    $1,747/mo

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    $1,747/mo

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    What's special

    Turn-key and low-maintenance, this beautifully updated Ferndale duplex is just steps from Nine Mile in the heart of downtown. Completely redone from the studs in 2015, the property has been well maintained and offers both charm and functionality. A covered front porch adds curb appeal, while inside you’ll find two distinct units: the lower level features two bedrooms with a dedicated dining room, and the upper unit includes a large, comfortable living room and one bedroom. Both units are occupied by long-term tenants with leases secured through March & June. The shared basement offers laundry, storage, and has been professionally waterproofed with a transferable 20-year warranty. Outside you’ll find ample parking and a fenced yard. Rental certified and nothing left to do, this is an excellent opportunity for a first-time investor or a seasoned buyer looking to add a dependable property to their portfolio. 24 hour notice required to show. Showings will be Saturday & Sunday, August 23rd & 24th.

    Zillow last checked: 8 hours ago

    Listing updated: September 16, 2025 at 05:22am

    Listed by:

    Jessica Juel 248-878-1961,

    Arterra Luxe Collection LLC

    Bought with:

    Shawna Cascaden, 6501432855

    GoodHome Realty LLC

    Source: Realcomp II,MLS#: 20251028932MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Common,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,494 sqft
    • Finished area above ground: 1,494

    Property

    Parking
    • Parking features: On Street, Parking Pad, Paved, Shared Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Exterior features: Private Entrance
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 3,484 sqft
    • Dimensions: 42 x 118
    Details
    • Parcel number: 2534228003
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Craftsman
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Ferndale
    • Subdivision: THE LITTLE FARMS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value
    $280,900