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$314,900

For Sale

17 days ago

1529 Silman St, Ferndale, MI

House

MLS® 20261023151

0 Bed

2 Bath

2412 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2412 sqft
Garage 
Taxes $8,437
Days Active 17
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $130
MLS® Number 20261023151

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

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

Description

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2, 800/month in total rental income — the upper unit rents for $1, 150 (lease through November 2025) and the lower unit rents for $1, 650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.
MLS® Number20261023151
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
BasementFull, Partially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-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
Oct 2, 2023End Date
$1,100Sold Price

Leased

Oct 5, 2024List Date
$1,100List Price
  • Commute

Commute

Starting Address
Destination Address
1529 Silman St, Ferndale, MI

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