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

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

Monthly Estimate*

$ 2,155

131 E Cambourne Street, Ferndale, MI 48220 - Image 1
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131 E Cambourne Street, Ferndale, MI 48220 - Image 17
Studio

Multi-Family Home for sale in Ferndale, MI

for $350,000 with 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!

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Multi-Family Coming Soon

Price

$ 350,000

Bedrooms

Studio

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

60995321

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Water Public Water
Status Active Coming Soon
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1922
Subdivision Woodward Heights- Ferndale MI
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Ferndale
Sale/Rent For Sale
Status Detail 4
Structure Style 2 Story
Area Ferndale (63258)
Primary City Ferndale
Directions 9 Mile Rd. & Woodward Ave.
City Ferndale
School District Ferndale City School District
Financial Terms Cash Conventional FHA VA
Legal Description T1N R11E SEC 27 WOODWARD HTS SUB LOT 52 ALSO 1/2 OF VAC ALLEY ADJ TO SAME
DOM 0
Postal Code 48220
Price Per Sq Ft Total AG 204.92
Public Remarks Open house! Saturday
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Exterior
Exterior Aluminum Vinyl Siding
Lot Size Area 0.19
Lot Dimensions 60X140.5
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Jim Shaffer

Listing Agent

Good Company

Broker

dontsendoffershere@gmail.com

Email

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.
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Nearby
759698 Elementary School
759786 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$350,000 Listed Price

Map


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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 is a studio with 3.0 baths and was built in 1922. The property's zip code is 48220 which is in Ferndale, MI