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1529 Silman St | Image 7

$319,900

19 days ago

0 Bed

2 Bath

2412 sqft

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MLS® 20261007362

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2412 sqft
Garage No
Taxes $8,437
Days Active 18
Lot Size 0.11 acres
Approx. Age 1923
Avg. Price Per Sqft $132
MLS® Number 20261007362

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® Number20261007362
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1923
BasementFull, Partially Finished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$319,900List Price
Nov 25, 2024End Date
$279,000Sold Price

Sold

Sep 7, 2024List Date
$290,000List Price
Oct 2, 2023End Date
$1,100Sold Price

Leased

Sep 25, 2023List Date
$1,100List Price
  • Commute

Commute

Starting Address
Destination Address
1529 Silman St, Ferndale, MI

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