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Sold for $408,200
  • $408,200

    240 E Marshall St, Ferndale, MI 48220

    4beds
    1,802sqft
    Duplex
    Built in 1926
    -- sqft lot
    $370,000 Zestimate®
    $227/sqft
    $1,910 Estimated rent

    Home value

    $370,000

    $340,000 - $400,000

    $1,910/mo

    Zestimate® history
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    What's special

    Classic Brick Ferndale Duplex – Updated & Full of Charm! Fantastic Ferndale location just steps from Woodward! This classic brick duplex is loaded with character—featuring beautiful hardwood floors, leaded glass windows, and timeless architectural details throughout. Both units offer 901 sq. ft. with 2 bedrooms, 1 bath, a spacious living room, dining room, and kitchen. The owner has thoughtfully updated both kitchens with new cabinetry, countertops, flooring, and appliances. The first-floor bath is completely new as well! Each unit enjoys its own side of the basement with separate laundry (new washers & dryers included), individual high-efficiency furnaces, water heaters, and separate electric and gas meters. Recent updates also include brand new garage doors. The upper unit is currently rented—providing instant income—with a lease in place through January 2026. The lower unit is move-in ready for an owner-occupant or new tenant. The upper unit features a nice sized balcony and the lower unit has a deck to enjoy the back yard. Upper unit lease is $1800. Lower unit has gone for $1900. Landlord pays water. Owner is a licensed Michigan real estate agent. Please do not disturb upstairs tenant without a confirmed showing of their unit, which requires 24 hour notice and is through listing agent only (cannot be scheduled through showing time). Lower unit is vacant and can be showed any time. Sale includes 240 and 244 E. Marshall. Each unit has it's own mailing address. Perfect opportunity to live in one of Metro Detroit’s most sought-after communities and let your tenant help pay the mortgage! Start building equity now. **Don't miss the 3d Tour**

    Zillow last checked:

    Listing updated:

    Listed by:

    Maureen Francis 248-961-0801,

    @properties Christie's Int'l R.E. Birmingham

    Bought with:

    Michael Nickola, 6502431939

    The Nickola Real Estate Group LLC

    Source: Realcomp II,MLS#: 20251031942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Separate Meters
    Cooling
    • Window Units
    Appliances
    • Laundry: Other
    Features
    • Basement: Full,Private,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,802 sqft
    • Finished area above ground: 1,802

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Accessibility
    • Accessibility features: Accessible Common Area
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Balcony, Lighting
    • Pool features: None
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 134
    Details
    • Parcel number: 2534279008
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1926
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities

    Community & HOA

    Community
    • Subdivision: WOODWARD FARMS ADD
    Location
    • Region: Ferndale

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $141,330
    • Annual tax amount: $10,017
    • Date on market: 11/7/2025
    • Cumulative days on market: 28 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    2/17/2026Listing removed$2,000$1/sqft
    Source: Zillow Rentals Report a problem
    1/22/2026Listed for rent$2,000+37.9%$1/sqft
    Source: Zillow Rentals Report a problem
    12/19/2025Sold$408,200-2.8%$227/sqft
    Source: Realcomp II #20251031942 Report a problem
    12/19/2025Pending sale$420,000$233/sqft
    Source: Realcomp II #20251031942 Report a problem
    11/7/2025Listed for sale$420,000+23.5%$233/sqft
    Source: Realcomp II #20251031942 Report a problem
    8/31/2023Sold$340,000+17.4%$189/sqft
    Source: Realcomp II #20230069897 Report a problem
    8/24/2023Pending sale$289,500$161/sqft
    Source: Realcomp II #20230069897 Report a problem
    8/18/2023Listed for sale$289,500+25.9%$161/sqft
    Source: Realcomp II #20230069897 Report a problem
    10/20/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/10/2022Listed for rent$1,450+7.4%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/6/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/29/2021Listed for rent$1,350$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/15/2021Listing removed--
    Source: Owner Report a problem
    5/7/2020Listing removed$1,350$1/sqft
    Source: Owner Report a problem
    5/5/2020Listed for rent$1,350$1/sqft
    Source: Owner Report a problem
    12/13/2018Listing removed$1,350$1/sqft
    Source: Owner Report a problem
    11/11/2018Listed for rent$1,350$1/sqft
    Source: Owner Report a problem
    9/13/2017Sold$230,000-8%$128/sqft
    Source: Public Record Report a problem
    6/27/2017Listed for sale$249,900$139/sqft
    Source: Palmer Realty Services LLC #217054928 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,762 +3.5%$141,330 +10.2%
    2023$5,568 +0.3%$128,290 +4.6%
    2022$5,549 +1.9%$122,650 +9.9%
    2021$5,446 $111,570 +7.9%
    2020-- $103,440 +18.5%
    2019$10,706 +189.3%$87,300 +27.3%
    2018$3,701 +1.2%$68,580 +2.6%
    2017$3,658 $66,870 +14.1%
    2016$3,658 $58,610 +12.5%
    2015-- $52,090 +16%
    2014-- $44,910 -24.4%
    2011-- $59,430 -10.6%
    2010$3,367 -0.4%$66,460 -15.5%
    2009$3,382 +22%$78,630 -43.6%
    2005$2,772 $139,310 +52.2%
    2003-- $91,550 +0.7%
    2002-- $90,940 +137.3%
    2001$2,757 +19.1%$38,320 +3.2%
    2000$2,314 $37,140
    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $370,000
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    Estimated market value
    $370,000