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421 W Troy Street, 
Ferndale, MI 48220

$359,000


Bed


2

Baths


1,484

Sq Ft


Multi-Family

Active

Listed by

Nancy R Robinson

Caren M Goldstone

Real Broker Berkley

Real Broker Birmingham

248-224-1013

Last updated:

August 5, 2025, 09:54 AM

MLS#

20251020081

Source:

MI REALCOMP

About This Home

421 W Troy Street

Welcome to one of the best blocks in Ferndale—where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $1,100 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.

Home Facts

Multi-Family

2 Baths

Built in 1924

Price Summary

359,000

$241 per Sq. Ft.

MLS #:

20251020081

Last Updated:

August 5, 2025, 09:54 AM

Added:

7 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,484 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Year Built:

1924


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$359,000

Price per Sq. Ft:

$241 per Sq. Ft.

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The information being provided by Realcomp II LTD is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Realcomp II LTD All rights reserved.

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