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Sold for $299,900
  • $299,900

    221 Silman St, Ferndale, MI 48220

    4beds
    1,996sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $310,300 Zestimate®
    $150/sqft
    $1,673 Estimated rent

    Home value

    $310,300

    $292,000 - $329,000

    $1,673/mo

    Zestimate® history
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    $1,924/mo

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    What's special

    Investor special – this multi-family brick bungalow offers strong potential with the right vision and updates. Sold strictly as-is, the property is in need of work, but presents a solid opportunity for renovation, rental income or can be converted back to single family residence! With nearly 2,000 total square feet, the home is laid out with two bedrooms and a full bath on each level, along with a kitchen on both floors – ideal for multi-generational living or duplex-style rental. The main floor features a living room with a fireplace, a built-in corner hutch in the adjoining dining room, and a kitchen with ceramic tile countertops. A screened porch off one of the bedrooms adds additional living space during warmer months. Upstairs, the second unit includes a family room, two bedrooms, a full bath, and a kitchen with some updates already completed. The basement is full and unfinished, offering a half bath and ample storage or potential for future development. The exterior is low-maintenance brick, with a concrete front porch, fenced yard, and a one-car detached garage. There is no A/C Unit. The home has good natural light with plenty of windows throughout. Located in a convenient area with easy access to local freeways and amenities, this property is well-positioned for commuting and everyday needs. Whether you're looking to renovate for resale or hold as a rental, this property offers flexibility and long-term upside. Bring your ideas and take advantage of this investment opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirsten Scopacasa 313-407-8882,

    National Realty Centers, Inc

    Bought with:

    Ny Stephens, 6501423555

    Better Living Real Estate LLC

    Source: Realcomp II,MLS#: 20251026784MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,996 sqft
    • Finished area above ground: 1,996

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch
    • Exterior features: Lighting
    • Pool features: None
    Lot
    • Size: 6,534 sqft
    • Dimensions: 50 x 130 x 50 x 130
    Details
    • Parcel number: 2534428037
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ferndale
    • Subdivision: STORMFELTZ-LOVELY CO WOODWARD AVE

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/17/2025Sold$299,900$150/sqft
    Source: Realcomp II #20251026784 Report a problem
    10/29/2025Pending sale$299,900$150/sqft
    Source: Realcomp II #20251026784 Report a problem
    9/5/2025Listed for sale$299,900+77.7%$150/sqft
    Source: Realcomp II #20251026784 Report a problem
    1/29/2016Sold$168,800+8.9%$85/sqft
    Source: Agent Provided Report a problem
    1/24/2016Listed for sale$155,000$78/sqft
    Source: Keller Williams - Royal Oak #215133731 Report a problem
    1/11/2016Pending sale$155,000$78/sqft
    Source: Keller Williams - Royal Oak #215133731 Report a problem
    12/30/2015Listed for sale$155,000$78/sqft
    Source: Keller Williams Royal Oak Market Center #215133731 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,738 +3.4%$189,000 +9.5%
    2023$11,352 +25%$172,540 +9.8%
    2022$9,081 +1.9%$157,070 +6.7%
    2021$8,910 $147,230 +5.4%
    2020-- $139,700 +13.9%
    2019$8,755 +1.1%$122,610 +7%
    2018$8,660 +125.8%$114,620 +1.4%
    2017$3,835 $113,080 +7.1%
    2016$3,835 $105,600 +11.6%
    2015-- $94,600 +15.6%
    2014-- $81,840 +6.2%
    2011-- $77,050 -7.8%
    2010$2,971 -0.4%$83,590 -18.4%
    2009$2,982 +25%$102,490 -39.1%
    2005$2,385 $168,380 +54.3%
    2003-- $109,130 +10.5%
    2002-- $98,750 +114.1%
    2001$2,447 +4.3%$46,130 +3.2%
    2000$2,347 $44,700

    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $310,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $310,300