240 E Marshall Street Ferndale, MI $ 420,000
240 E Marshall Street
$ 420,000
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240 E Marshall Street

Ferndale, MI, 48220
$ 420,000
Baths2.0 Sq 1,802

Monthly Estimate*

$ 2,620

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Studio

Multi-Family Home for sale in Ferndale, MI

for $420,000 with 2 full baths. This 1,802 square foot home was built in 1926 on a lot size of 0.12.

Classic Brick Ferndale Duplex – Updated & Full of Charm! Fantastic Ferndale location just steps from Woodward! This classic brick duplex is loaded with character - featuring beautiful hardwood floors, leaded glass windows, and timeless architectural details throughout. Both units offer 901 sq. ft. with 2 bedrooms, 1 bath, a spacious living room, dining room, and kitchen. The owner has thoughtfully updated both kitchens with new cabinetry, countertops, flooring, and appliances. The first-floor bath is completely new as well! Each unit enjoys its own side of the basement with separate laundry (new washers & dryers included), individual high-efficiency furnaces, water heaters, and separate electric and gas meters. Recent updates also include brand new garage doors. The upper unit is currently rented - providing instant income - with a lease in place through January 2026. The lower unit is move-in ready for an owner-occupant or new tenant. The upper unit features a nice sized balcony and the lower unit has a deck to enjoy the back yard. Upper unit lease is $1800. Lower unit has gone for $1900. Landlord pays water. Owner is a licensed Michigan real estate agent. Please do not disturb upstairs tenant without a confirmed showing of their unit, which requires 24 hour notice and is through listing agent only (cannot be scheduled through showing time). Lower unit is vacant and can be showed any time. Sale includes 240 and 244 E. Marshall. Each unit has it's own mailing address. Perfect opportunity to live in one of Metro Detroit's most sought-after communities and let your tenant help pay the mortgage! Start building equity now. **Don't miss the 3d Tour**

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Multi-Family Active

Price

$ 420,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,017

Style

Lot Size

0.12

Year Built

1926

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

60951248

Features
General
Cooling Window Unit(s)
Possession At Close
Water Public Water
Status Active Accepting Backup Offers
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1926
Subdivision Woodward Farms Add MI
Water Heater Gas
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 30000
Ownership Private
Municipality Ferndale
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 3
Structure Style 2 Story
Area Ferndale (63258)
Primary City Ferndale
Virtual Tour https://www.zillow.com/view-imx/9ffda83c-bacb-47b2-aac3-5e1f4d69673c/?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true
Directions South of 9 Mile East of Woodward
City Ferndale
School District Ferndale City School District
Financial Terms Cash Conventional
Legal Description T1N R11E SEC 34 WOODWARD FARMS ADD SUB LOT 71 ALSO VAC ALLEY ADJ TO SAME
DOM 41
Postal Code 48220
Price Per Sq Ft Total AG 233.07
Public Remarks
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Exterior Amenities Porch Exterior Balcony
Frontage 40
Lot Size Area 0.12
Lot Dimensions 40X134
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Maureen Francis

Listing Agent

@Properties Christie's Int'l R.E. Birmingham

Broker

maureen@maureenfrancis.com

Email

Affordability Calculator

$3,455
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,620
Monthly Property Taxes
$835
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.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
759698 Elementary School
759786 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$420,000 Listed Price

Map


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240 E Marshall Street, Ferndale, MI, 48220 is a Multi-Family Home for sale at $420,000 with 1,802 sqft and a lot size of 0.12. 240 E Marshall Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 48220 which is in Ferndale, MI