USAMIFerndaleFord Heights Sub - Ferndale1529 Silman St
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$314,900

For Sale

2 days ago

1529 Silman St, Ferndale, MI

House

MLS® 20261042215

0 Bed

2 Bath

1538 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1538 sqft
Garage 
Taxes $8,640
Days Active 1
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $204
MLS® Number 20261042215

Property Address: 1529 Silman St, Ferndale, MI, 48220-2615

Average square foot calculated using Size range provided by listing agent.

Description

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 near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio. Schedule your private tour! Lower unit is currently leased for $1725 and is for a 1 year term May 2026 through April 2027 Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027
MLS® Number20261042215
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$314,900List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$314,900List Price
Nov 25, 2024End Date
$279,000Sold Price

Sold

Oct 4, 2024List Date
$290,000List Price
  • Commute

Commute

Starting Address
Destination Address
1529 Silman St, Ferndale, MI

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