1529 Silman Street Ferndale MI 48220 MLS #20261023151

1529 Silman Street
Ferndale, MI, 48220
$314,900
Beds
2 Baths
2,412 SqFt
0.11 Acres
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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:
$314,900
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

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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

Subdivisions in Ferndale

Market Summary

Current real estate data for Single Family in Ferndale as of May 26, 2026
105
Single Family Listed
59
Avg DOM
225
Avg $ / SqFt
$299,306
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 $314,900 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 $131. The average price per square foot for Single Family listings in Ferndale is $225. The average listing price for Single Family in Ferndale is $299,306. To schedule a showing of MLS#20261023151 at 1529 Silman Street in Ferndale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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1529 Silman Street
Ferndale, MI