131 E Cambourne Street Ferndale, MI $ 350,000
131 E Cambourne Street
$ 350,000
Share Save

131 E Cambourne Street

Ferndale, MI, 48220
$ 350,000
Bedrooms2 Baths3.0 Sq 1,708

Monthly Estimate*

$ 2,155

131 E Cambourne Street, Ferndale, MI 48220 - Image 1
131 E Cambourne Street, Ferndale, MI 48220 - Image 2
131 E Cambourne Street, Ferndale, MI 48220 - Image 3
131 E Cambourne Street, Ferndale, MI 48220 - Image 4
131 E Cambourne Street, Ferndale, MI 48220 - Image 5
131 E Cambourne Street, Ferndale, MI 48220 - Image 6
131 E Cambourne Street, Ferndale, MI 48220 - Image 7
131 E Cambourne Street, Ferndale, MI 48220 - Image 8
131 E Cambourne Street, Ferndale, MI 48220 - Image 9
131 E Cambourne Street, Ferndale, MI 48220 - Image 10
131 E Cambourne Street, Ferndale, MI 48220 - Image 11
131 E Cambourne Street, Ferndale, MI 48220 - Image 12
131 E Cambourne Street, Ferndale, MI 48220 - Image 13
131 E Cambourne Street, Ferndale, MI 48220 - Image 14
131 E Cambourne Street, Ferndale, MI 48220 - Image 15
131 E Cambourne Street, Ferndale, MI 48220 - Image 16
131 E Cambourne Street, Ferndale, MI 48220 - Image 17

Multi-Family Home for sale in Ferndale, MI

for $350,000 with 2 bedrooms and 3 full baths. This 1,708 square foot home was built in 1922 on a lot size of 0.19.

Open house! Saturday, May 30th from 12pm-2pm. Incredible Income Property in the Heart of Ferndale! Welcome to this turn-key multi-family gem located on highly desirable E Cambourne! Perfect for an investor looking to add a high-performing asset to their portfolio, or an owner-occupant wanting to house-hack and have their mortgage paid by a tenant. This beautifully maintained property features two completely designated income units with independent setups: Lower Unit: Spaciously laid out with 3 bedrooms and 1 bathroom, boasting original Ferndale charm, beautiful trim work, and a warm, inviting atmosphere. Upper Unit: A bright and airy 2 bedrooms and 1 bathroom setup, perfect for tenants looking for a cozy, private space. Major High-Ticket Upgrades Completed! The seller has taken care of the big-budget items, so you don’t have to. Peace of mind updates include New HVAC & Air Conditioning Units for optimal efficiency and comfort. Completely Replaced Deck & Stairway leading to the upper unit, built with premium, maintenance-free Trex decking. Separate Laundry Facilities for each individual unit—a massive perk that tenants love and will command top rental dollar. Located just minutes from downtown Ferndale’s vibrant dining, shopping, and nightlife, with easy access to I-75 and M-102. Schedule your showing today and seize this rare multi-family opportunity!

See more

Multi-Family Coming Soon

Price

$ 350,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,130

Style

Lot Size

0.19

Year Built

1922

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20261036260

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Garage Spaces 0.0
Architectural Style Other
Pool Features None
Construction Materials AluminumSiding 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 HEIGHTS- FERNDALE
Garage Y/N N
Full Baths 3
Status Coming Soon
Directions 9 Mile Rd. & Woodward Ave.
City FerndaleCity_Oakland
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ferndale
Zoning Description MultiFamily 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 5130.54
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 ComingSoon
Occupancy Type Tenant
Tax Assessed Value 70590
Expected Active Date 2026-05-29
Legal Description T1N R11E SEC 27 WOODWARD HTS SUB LOT 52 ALSO 1/2 OF VAC ALLEY ADJ TO SAME
See more
Exterior
Water Source Public
Foundation Details CrawlSpace
Spa N
Lot Dimensions 60X140.5
Lot Size Acres 0.19
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
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1708.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
See more
Internal Only
Street Number 1 131
See more
* Excluded Features
List By
Jim Shaffer

Listing Agent

Good Company

Broker

(248) 834-3030

Phone

Affordability Calculator

$2,583
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/22/2026$350,000 Listed Price

Map


See all

131 E Cambourne Street, Ferndale, MI, 48220 is a Multi-Family Home for sale at $350,000 with 1,708 sqft and a lot size of 0.19. 131 E Cambourne Street has 2 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 48220 which is in Ferndale, MI