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.
Coming soon
$270,000
518 E Troy St, Ferndale, MI 48220
3beds
1,494sqft
Est.:
Multi Family
Built in 1949
-- sqft lot
$235,000 Zestimate®
$181/sqft
$-- HOA
What's special
- 2 days
- on Zillow |
- 477 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
Jessica Juel 248-878-1961,
Arterra Luxe Collection LLC 248-733-5893
Source: Realcomp II,MLS#: 20251028932

Travel times
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: 3,484.8 Square Feet
- 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 & HOA
Community
- Subdivision: THE LITTLE FARMS
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $41,430
- Annual tax amount: $3,174
- Date on market: 8/23/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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