1529 Silman Street Ferndale MI 48220 MLS #20261023151

1529 Silman Street
Ferndale, MI, 48220
$319,900
Beds
2 Baths
2,412 SqFt
0.11 Acres
Add
MLS #20261023151 image #0
Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026).

This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet.

The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared.
A solid investment with excellent income potential and flexible living options.

Property Details

Price:
$319,900
MLS #:
20261023151
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
FORD HEIGHTS- FERNDALE
Neighborhood:
area02258ferndale
Listed Date:
Feb 13, 2026
Finished Sq Ft:
2,412
Year Built:
1923
Short SaleOtherArea02258ferndaleArea02258ferndaleFord Heights- FerndaleHazelpark

Ask a Question

See this Listing

Send
  

Schools

School District:
HazelPark

Interior

Above Grade Finished Area
1538
Bathrooms
2 Full Bathrooms
Below Grade Finished Area
874
Heating
Forced Air, Natural Gas
Levels
Two

Exterior

Architectural Style
Other
Construction Materials
Brick, Vinyl Siding

Financial

Net Operating Income
$27,000
Taxes
$8,437

Map

Community

Market Summary

Current real estate data for Single Family in Ferndale as of Apr 11, 2026
87
Single Family Listed
55
Avg DOM
220
Avg $ / SqFt
$303,639
Avg List Price

Property Summary

    Located in the FORD HEIGHTS- FERNDALE subdivision, 1529 Silman Street Ferndale MI is a Single Family for sale in Ferndale, MI, 48220. It is listed for $319,900 and features 0 beds, 2 baths, and has approximately 2,412 square feet of living space, and was originally constructed in 1923. The current price per square foot is $133. The average price per square foot for Single Family listings in Ferndale is $220. The average listing price for Single Family in Ferndale is $303,639. To schedule a showing of MLS#20261023151 at 1529 Silman Street in Ferndale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

Similar Listings Nearby

broker reciprocity
MLS# 20261014181broker reciprocity
2204 KALAMA Avenue
Royal Oak, MI

$415,000

2.0 miles away

broker reciprocity
MLS# 58050196411broker reciprocity
509 S Pleasant ST
Royal Oak, MI

$414,900

3.1 miles away

broker reciprocity
MLS# 20261021046broker reciprocity
1517 Marywood Drive
Royal Oak Charter Township, MI

$410,000

3.9 miles away

broker reciprocity
MLS# 20261019385broker reciprocity
985 W Hazelhurst Street
Ferndale, MI

$409,900

1.6 miles away

broker reciprocity
MLS# 20261020149broker reciprocity
550 Pinecrest Drive
Ferndale, MI

$409,900

1.8 miles away

broker reciprocity
MLS# 20251043978broker reciprocity
27828 Groveland St
Madison Heights, MI

$408,000

3.1 miles away

broker reciprocity
MLS# 20251044208broker reciprocity
27824 Groveland St
Madison Heights, MI

$408,000

3.1 miles away

broker reciprocity
MLS# 20240048544broker reciprocity
17360 NORTHLAWN ST
Detroit, MI

$400,000

3.1 miles away

broker reciprocity
MLS# 58050203774broker reciprocity
506 W Woodside AVE
Madison Heights, MI

$400,000

4.4 miles away

broker reciprocity
MLS# 20261020322broker reciprocity
401 Walnut Avenue
Royal Oak Charter Township, MI

$400,000

4.2 miles away

1529 Silman Street
Ferndale, MI