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.
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
Owner options
What's special
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#: 20251028932
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