Fully renovated duplex in the heart of Ferndale, just minutes from downtown. Both units feature private balconies (upper and lower), quartz countertops, modern stainless steel appliances and full private basement with in unit laundry. A 2 car garage and updated mechanicals (furnace, AC, and plumbing -all within last 5yrs) add to value. Excellent income producing property generating $46,000+ annually. The first floor unit is set up as a short term rental (Airbnb) with 100% occupancy for the last 2 years, averaging $2,300/ month. The second floor unit is currently leased at $1,930/month with a consistent 2+ year rental history. Perfect for investors, house-hackers or owner-occupants looking to offset their mortgage. Don't miss this turnkey opportunity in one of Metro Detroit's hottest rental markets! Owner is a licensed agent.
Sold for $408,000
$408,000
242 W Webster St, Ferndale, MI 48220
4beds
1,860sqft
Duplex
Built in 1926
-- sqft lot
$391,700 Zestimate®
$219/sqft
$1,580 Estimated rent
Home value
$391,700
$349,000 - $435,000
$1,580/mo
Zestimate® history
Owner options
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$1,580/mo
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$1,580/mo
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$2,616/mo
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$2,616/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Wendi L Miller 248-568-9881,
Good Company
Bought with:
Tracey Freeman, 6501447078
KW Domain
Source: Realcomp II,MLS#: 20251024095
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Private,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,860 sqft
- Finished area above ground: 1,860
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,356 sqft
- Dimensions: 35 x 122
Details
- Parcel number: 2534452047
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Duplex
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ferndale
- Subdivision: ADOLPH SLOMANS WOODWARD BLVD
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listing removed | $1,695$1/sqft |
Source: Realcomp II #20251049814 Report a problem | ||
| 4/28/2026 | Price change | $1,695-3.1%$1/sqft |
Source: Realcomp II #20251049814 Report a problem | ||
| 2/7/2026 | Price change | $1,750-7.9%$1/sqft |
Source: Realcomp II #20251049814 Report a problem | ||
| 10/31/2025 | Sold | $408,000-4.6%$219/sqft |
Source:  Realcomp II #20251024095 Report a problem | ||
| 10/31/2025 | Listed for rent | $1,900$1/sqft |
Source: Realcomp II #20251049814 Report a problem | ||
| 10/22/2025 | Pending sale | $427,500$230/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 9/29/2025 | Price change | $427,500-1.2%$230/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 9/18/2025 | Price change | $432,500-1.7%$233/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 9/11/2025 | Price change | $440,000-3.3%$237/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 8/25/2025 | Price change | $455,000-1.1%$245/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 8/8/2025 | Listed for sale | $460,000$247/sqft |
Source: Realcomp II #20251024095 Report a problem | ||
| 3/14/2023 | Listing removed | -- |
Source: Realcomp II #20230000592 Report a problem | ||
| 1/3/2023 | Listed for sale | $460,000$247/sqft |
Source: Realcomp II #20230000592 Report a problem | ||
| 12/15/2022 | Listing removed | -- |
Source: Realcomp II #20221033517 Report a problem | ||
| 9/14/2022 | Price change | $460,000-3.2%$247/sqft |
Source: Realcomp II #20221033517 Report a problem | ||
| 8/23/2022 | Listed for sale | $475,000+53.2%$255/sqft |
Source: Realcomp II #20221033517 Report a problem | ||
| 6/17/2020 | Sold | $310,000$167/sqft |
Source: Public Record Report a problem | ||
| 4/19/2020 | Pending sale | $310,000$167/sqft |
Source: Keller Williams Domain Birmingham #2200026229 Report a problem | ||
| 4/19/2020 | Listed for sale | $310,000+106.7%$167/sqft |
Source: Keller Williams Domain Birmingham #2200026229 Report a problem | ||
| 12/18/2019 | Sold | $150,000-40%$81/sqft |
Source: Public Record Report a problem | ||
| 12/10/2019 | Listed for sale | $249,900+4663.6%$134/sqft |
Source: KW Domain #219121280 Report a problem | ||
| 1/4/2019 | Sold | $5,246$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,725 +5.3% | $200,560 +10.9% |
| 2023 | $13,035 +6.6% | $180,850 +8.3% |
| 2022 | $12,228 +57.9% | $167,000 +3.1% |
| 2021 | $7,743 | $161,930 +56.6% |
| 2020 | -- | $103,410 +8.9% |
| 2019 | $6,753 +102.9% | $94,940 +8.8% |
| 2018 | $3,328 +1.2% | $87,280 +0.3% |
| 2017 | $3,289 | $87,060 +20.2% |
| 2016 | $3,289 | $72,410 +21.8% |
| 2015 | -- | $59,450 +18.4% |
| 2014 | -- | $50,190 -1.7% |
| 2011 | -- | $51,080 -23.9% |
| 2010 | $2,594 -0.5% | $67,090 -18.6% |
| 2009 | $2,607 +22.2% | $82,380 +145% |
| 2001 | $2,134 +4.1% | $33,630 +3.2% |
| 2000 | $2,050 | $32,590 |
Find assessor info on the county website
Neighborhood: 48220
Nearby schools
GreatSchools rating
- NAFerndale Lower Elementary CampusGrades: K-3Distance: 2.1 mi
- 6/10Ferndale Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Ferndale High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$391,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$391,700
- Michigan
- Oakland County
- Ferndale
- 48220
- 242 W Webster St
Nearby cities
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