1529 Silman Street, Ferndale, MI 48220

Ferndale
Local realty services provided by:ERA Prime Real Estate Group
1529 Silman Street,Ferndale, MI 48220
$314,900
  • - Beds
  • 2 Baths
  • 1,538 sq. ft.
  • Multi-family
  • Active
Listed by: anthony djon, robert khoury
Office: anthony djon luxury real estate
MLS#:20261042215
Source:MI_REALCOMP

Price summary

  • Price:$314,900
  • Price per sq. ft.:$204.75

About this home

Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income. The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income. The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants. Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment. Conveniently located...

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Home facts

  • Year built:1923
  • Listing ID #:20261042215
  • Added:41 day(s) ago
  • Updated:July 20, 2026 at 09:59 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Unfinished
  • Living area:1,538 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1923
  • Building area:1,538 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Basement, Brick Mortar
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$314,900
  • Price per sq. ft.:$204.75
  • Tax amount:$8,640
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