Fully occupied 2 unit investment property. Updated and income producing from day one!
This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife!
Rents can be increased to market rates for an increase in income.
There is a common hallway and basement.
All utilities except water are separated out.
Property has been certified with Ferndale consistently as a rental.
Capital improvements made by current owner are:
Secure Garage to current codes (old grandfathered in large garage)
Installed central AC
Sewer lines upgraded to PVC
House hack and live in 1 unit renting the other to cover a majority of the mortgage.
Current taxes are non homestead.
Please note that this property has no driveway.
Do not approach property or disturb current tenants!!!
Listing agent is part of the ownership of listing.
This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife!
Rents can be increased to market rates for an increase in income.
There is a common hallway and basement.
All utilities except water are separated out.
Property has been certified with Ferndale consistently as a rental.
Capital improvements made by current owner are:
Secure Garage to current codes (old grandfathered in large garage)
Installed central AC
Sewer lines upgraded to PVC
House hack and live in 1 unit renting the other to cover a majority of the mortgage.
Current taxes are non homestead.
Please note that this property has no driveway.
Do not approach property or disturb current tenants!!!
Listing agent is part of the ownership of listing.
Property Details
Price:
$375,000
MLS #:
20261083917
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
ASTONSOF KNOWLES HEIGHTS
Neighborhood:
area02258ferndale
Listed Date:
Oct 15, 2026
Finished Sq Ft:
2,000
Year Built:
1929
See this Listing
Schools
School District:
Ferndale
Interior
Above Grade Finished Area
2000
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Levels
Two
Exterior
Architectural Style
Colonial, Tudor
Construction Materials
Brick, Stucco
Financial
Taxes
$9,645
Map
Community
- Address400 E Cambourne ST Ferndale MI
- SubdivisionASTONSOF KNOWLES HEIGHTS
- CityFerndale
- CountyOakland
- Zip Code48220
Subdivisions in Ferndale
- ADOLPH SLOMAN’S WOODWARD BLVD SUB
- ADOLPH SLOMANS WOODWARD BLVD
- ANDERSONS SUB OF RIDGE HEIGHTS
- ANDERSONSOF RIDGE HEIGHTS
- ANSON RIDGE
- ASSR’S REPLAT OF OAKRIDGE SUB
- ASSRS REP OF OAKRIDGE
- ASTON’S SUB OF KNOWLES HEIGHTS
- ASTONSOF KNOWLES HEIGHTS
- BADDER HEIGHTS
- BERMORE
- BERMORENO 1
- C W HARRAHS FERNDALE
- C W HARRAHS FERNDALENO 1
- CAMPBELL HEIGHTS
- EAST URBANREST
- ELSINORE
- FERNRIDGE- FERNDALE
- FIRST ADD TO EAST URBANREST
- FORD HEIGHTS ADD SUB – FERNDALE
- FORD HEIGHTS ADD- FERNDALE
- FORD HEIGHTS SUB – FERNDALE
- FORD HEIGHTS- FERNDALE
- FORDMOUNT PARK
- FORDMOUNT PARK SUB
- FRANK GRIX
- FRANK GRIX SUB
- GARDENDALE
- HARRINGTON WOODS
- HARRINGTON WOODS SUB
- HAWTHORNE PARK
- HAZELCREST SUB – FERNDALE
- HUGO SCHERERS
- KENILWORTH
- LEGGETT FARM
- LEGGETT FARM SUB
- MAPLE RIDGE
- MAPLEDALE
- MAPLEDALE SUB
- MAPLEDALE SUB NO 1
- MARSHALL PLACE CONDO OCCPN 1762
- MICHELSON WOODS
- MORNINGSIDE SUB
- PARKDALE TOWNES
- PARKDALE TOWNES CONDOS
- PINECREST
- POAD
- RESUB OF WOODWARD HEIGHTS
- SHERBORNE PARK
- SOMERSET
- STEPHENSON SUPER-HIGHWAY SUB NO 5- FERNDALE
- STEPHENSON SUPER-HIGHWAYNO 5- FERNDALE
- STORMFELTZ-LOVELY CO WOODWARD AVE
- STORMFELTZ-LOVELY CO WOODWARD AVE SUB
- TEN MILE PARK
- TENNYSON PARK
- THE LITTLE FARMS
- THE LITTLE FARMS SUB
- THE NINE CONDO OCCPN 1914
- THOMAS BROS OAKLAND HEIGHTS- FERN
- THOMAS BROTHERS CLOVERDALE
- THOMAS OAKS
- URBANREST SUB
- WOODLAND PARK
- WOODWARD AVE SUB
- WOODWARD FARMS
- WOODWARD HEIGHTS ROYAL OAK ADD
- WOODWARD HEIGHTS SUB – FERNDALE
- WOODWARD HEIGHTS SUB NO 2 – FERNDALE
- WOODWARD HEIGHTS- FERNDALE
- WOODWARD HEIGHTSNO 2 – FERNDALE
- WOODWARD HOMES
- WYOMING PARK
Market Summary
Current real estate data for Single Family in Ferndale as of Oct 17, 2026
150
Single Family Listed
51
Avg DOM
228
Avg $ / SqFt
$309,685
Avg List Price
Property Summary
- Located in the ASTONSOF KNOWLES HEIGHTS subdivision, 400 E Cambourne ST Ferndale MI is a Single Family for sale in Ferndale, MI, 48220. It is listed for $375,000 and features 0 beds, 2 baths, and has approximately 2,000 square feet of living space, and was originally constructed in 1929. The current price per square foot is $188. The average price per square foot for Single Family listings in Ferndale is $228. The average listing price for Single Family in Ferndale is $309,685. To schedule a showing of MLS#20261083917 at 400 E Cambourne ST in Ferndale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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