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Listed price in listed location currency (USD).
$295,000

020

MLS® 20251044924

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1452 sqft
Garage No
Taxes $8,293
Days Active 17
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $203
MLS® Number 20251044924

Property Address: 250 Spencer St, Ferndale, MI, 48220-3610

Average square foot calculated using Size range provided by listing agent.

Description

Great 2-Family Income Opportunity with Approved Landlord License! This well-maintained duplex is ideal for both investors and owner-occupants. The lower level offers a spacious 2-bedroom apartment with a full kitchen and bath. Upstairs, you’ll find a charming 1-bedroom apartment with wood floors, a full kitchen, and a bath—perfect for a young professional, student, or anyone seeking their own private space. The property features a separate rear entrance for the upper unit, shared laundry facilities in the basement (with potential to add coin-operated machines for extra income), and all appliances included. The exterior has been recently painted, and the home sits on a massive backyard where the city has indicated an ADU could be approved for even more income potential. This is the perfect chance to live in one unit and rent out the other—a true rental hack—or expand your portfolio with a solid income-producing property. Showing's will be granted after receiving a purchase agreement. One unit is currently leased.
MLS® Number20251044924
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1922
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2025List Date
$295,000List Price
May 19, 2023End Date
$205,000Sold Price

Sold

Oct 5, 2024List Date
$205,000List Price
  • Commute

Commute

Starting Address
Destination Address
250 Spencer St, Ferndale, MI

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