351 Edgewood Place Ferndale, MI $ 400,000
351 Edgewood Place
$ 400,000
Recently Listed
Share Save

351 Edgewood Place

Ferndale, MI, 48220
$ 400,000
Baths3.0 Sq 1,972

Monthly Estimate*

$ 2,463

351 Edgewood Place, Ferndale, MI 48220 - Image 1
351 Edgewood Place, Ferndale, MI 48220 - Image 2
351 Edgewood Place, Ferndale, MI 48220 - Image 3
351 Edgewood Place, Ferndale, MI 48220 - Image 4
351 Edgewood Place, Ferndale, MI 48220 - Image 5
351 Edgewood Place, Ferndale, MI 48220 - Image 6
351 Edgewood Place, Ferndale, MI 48220 - Image 7
351 Edgewood Place, Ferndale, MI 48220 - Image 8
351 Edgewood Place, Ferndale, MI 48220 - Image 9
351 Edgewood Place, Ferndale, MI 48220 - Image 10
351 Edgewood Place, Ferndale, MI 48220 - Image 11
351 Edgewood Place, Ferndale, MI 48220 - Image 12
351 Edgewood Place, Ferndale, MI 48220 - Image 13
351 Edgewood Place, Ferndale, MI 48220 - Image 14
351 Edgewood Place, Ferndale, MI 48220 - Image 15
351 Edgewood Place, Ferndale, MI 48220 - Image 16
351 Edgewood Place, Ferndale, MI 48220 - Image 17
351 Edgewood Place, Ferndale, MI 48220 - Image 18
351 Edgewood Place, Ferndale, MI 48220 - Image 19
351 Edgewood Place, Ferndale, MI 48220 - Image 20
351 Edgewood Place, Ferndale, MI 48220 - Image 21
351 Edgewood Place, Ferndale, MI 48220 - Image 22
351 Edgewood Place, Ferndale, MI 48220 - Image 23
351 Edgewood Place, Ferndale, MI 48220 - Image 24
351 Edgewood Place, Ferndale, MI 48220 - Image 25
351 Edgewood Place, Ferndale, MI 48220 - Image 26
351 Edgewood Place, Ferndale, MI 48220 - Image 27
351 Edgewood Place, Ferndale, MI 48220 - Image 28
351 Edgewood Place, Ferndale, MI 48220 - Image 29
351 Edgewood Place, Ferndale, MI 48220 - Image 30
351 Edgewood Place, Ferndale, MI 48220 - Image 31
351 Edgewood Place, Ferndale, MI 48220 - Image 32
Studio

Multi-Family Home for sale in Ferndale, MI

for $400,000 with 3 full baths. This 1,972 square foot home was built in 1925 on a lot size of 0.1.

Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is currently vacant after a long-term tenant. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI

See more

Multi-Family Active

Price

$ 400,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,676

Style

Lot Size

0.1

Year Built

1925

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

60998960

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1925
Subdivision Adolph Slomans Woodward Blvd MI
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 44400
Ownership Private
Municipality Ferndale
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Area Ferndale (63258)
Primary City Ferndale
Directions S of Of 9 Mile/W of of Woodward
City Ferndale
School District Ferndale City School District
Financial Terms Cash Conventional FHA
Legal Description T1N R11E SEC 34 ADOLPH SLOMAN'S WOODWARD BLVD SUB LOT 419 ALSO VAC ALLEY ADJ TO SAME
DOM 1
Postal Code 48220
Price Per Sq Ft Total AG 202.84
Public Remarks Located just minutes from vibrant downtown Ferndale this well-maintained duplex offers multiple investment strategies whether you're looking for a house hack long-term rental property
See more
Interior
Basement Block Common
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
See more
Exterior
Exterior Cedar Vinyl Siding
Lot Size Area 0.1
Lot Dimensions 35X121.3
Roads Paved Street
Waterfront Y/N No
See more
* Excluded Features
List By
Andrea Stephan

Listing Agent

The Stephan Group

Broker

andrea@stephangrouprealestate.com

Email

Affordability Calculator

$3,103
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$640
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
759698 Elementary School
759786 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$400,000 Listed Price

Map


See all

351 Edgewood Place, Ferndale, MI, 48220 is a Multi-Family Home for sale at $400,000 with 1,972 sqft and a lot size of 0.1. 351 Edgewood Place is a studio with 3.0 baths and was built in 1925. The property's zip code is 48220 which is in Ferndale, MI