250 Spencer Street Ferndale, MI $ 295,000
250 Spencer Street
$ 295,000
Share Save

250 Spencer Street

Ferndale, MI, 48220
$ 295,000
Baths2.0 Sq 1,452

Monthly Estimate*

$ 1,840

250 Spencer Street, Ferndale, MI 48220 - Image 1
250 Spencer Street, Ferndale, MI 48220 - Image 2
250 Spencer Street, Ferndale, MI 48220 - Image 3
250 Spencer Street, Ferndale, MI 48220 - Image 4
250 Spencer Street, Ferndale, MI 48220 - Image 5
250 Spencer Street, Ferndale, MI 48220 - Image 6
250 Spencer Street, Ferndale, MI 48220 - Image 7
250 Spencer Street, Ferndale, MI 48220 - Image 8
250 Spencer Street, Ferndale, MI 48220 - Image 9
250 Spencer Street, Ferndale, MI 48220 - Image 10
250 Spencer Street, Ferndale, MI 48220 - Image 11
250 Spencer Street, Ferndale, MI 48220 - Image 12
250 Spencer Street, Ferndale, MI 48220 - Image 13
250 Spencer Street, Ferndale, MI 48220 - Image 14
250 Spencer Street, Ferndale, MI 48220 - Image 15
250 Spencer Street, Ferndale, MI 48220 - Image 16
250 Spencer Street, Ferndale, MI 48220 - Image 17
250 Spencer Street, Ferndale, MI 48220 - Image 18
250 Spencer Street, Ferndale, MI 48220 - Image 19
250 Spencer Street, Ferndale, MI 48220 - Image 20
250 Spencer Street, Ferndale, MI 48220 - Image 21
250 Spencer Street, Ferndale, MI 48220 - Image 22
250 Spencer Street, Ferndale, MI 48220 - Image 23
250 Spencer Street, Ferndale, MI 48220 - Image 24
250 Spencer Street, Ferndale, MI 48220 - Image 25
Studio

Multi-Family Home for sale in Ferndale, MI

for $295,000 with 2 full baths. This 1,452 square foot home was built in 1922 on a lot size of 0.14.

Great 2-Family Income Opportunity with Approved Landlord License! This well-maintained duplex is ideal for both investors and owner-occupants. The lower level offers a spacious 2-bedroom apartment with a full kitchen and bath. Upstairs, you’ll find a charming 1-bedroom apartment with wood floors, a full kitchen, and a bath—perfect for a young professional, student, or anyone seeking their own private space. The property features a separate rear entrance for the upper unit, shared laundry facilities in the basement (with potential to add coin-operated machines for extra income), and all appliances included. The exterior has been recently painted, and the home sits on a massive backyard where the city has indicated an ADU could be approved for even more income potential. This is the perfect chance to live in one unit and rent out the other—a true rental hack—or expand your portfolio with a solid income-producing property. Showing's will be granted after receiving a purchase agreement. One unit is currently leased.

See more

Multi-Family Pending

Price

$ 295,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,293

Style

Colonial

Lot Size

0.14

Year Built

1922

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20251044924

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Colonial
Pool Features None
Construction Materials VinylSiding
Pets Allowed Call
Year Built 1922
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WOODWARD HOMES
Garage Y/N N
Full Baths 2
Status Pending
Directions West of Hilton
City FerndaleCity_Oakland
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ferndale
Zoning Description Residential
Number Of Units Total 2
MLS Area Area02258Ferndale
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 8293.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Tax Assessed Value 116150
Expected Active Date 2025-10-13
Legal Description T1N R11E SEC 34 WOODWARD HOMES SUB E 37.5 FT OF LOT 43 ALSO 1/2 OF VAC ALLEY ADJ TO SAME
See more
Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1452.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
See more
Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 37.5X159
Lot Size Acres 0.14
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 250
See more
* Excluded Features
List By
Dylan Tent

Listing Agent

Signature Sotheby's International Realty Nvl

Broker

(248) 990-0356

Phone

Affordability Calculator

$2,531
Per Month
73%
27%
0%
Monthly Principal & Interest
$1,840
Monthly Property Taxes
$691
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2025$295,000 -4.84% Price Down
10/13/2025$310,000 Listed Price

Map


See all

250 Spencer Street, Ferndale, MI, 48220 is a Multi-Family Home for sale at $295,000 with 1,452 sqft and a lot size of 0.14. 250 Spencer Street is a studio with 2.0 baths and was built in 1922. The property's zip code is 48220 which is in Ferndale, MI