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Sold for $240,000
  • $240,000

    2932 Grayson St, Ferndale, MI 48220

    2beds
    1,400sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $248,700 Zestimate®
    $171/sqft
    $2,018 Estimated rent

    Home value

    $248,700

    $236,000 - $264,000

    $2,018/mo

    Zestimate® history
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    What's special

    Large backyardWell-designed living spaceFresh paintRenovated bathroomsIn-unit laundryNewer windowsShared utility room
    Beautifully updated duplex in Ferndale; an investment property or owner/occupant opportunity. An exceptional investment property, perfect for house hackers, or long-term owners looking for strong rental potential. Beautifully maintained two-unit duplex has been lovingly cared for by the same family for many years and offers both comfort and versatility in a very desirable location. Each unit has approximately 700 square feet of well-designed living space, including 1 bedroom, 1 bath, in-unit laundry, a dining area, a spacious living room, and access to a shared utility room – a total of 1,400 sq.ft. across the property. Both units are exceptionally clean and updated with fresh paint, new carpet and appliances, renovated bathrooms, and newer windows, ensuring low maintenance for years to come. Enjoy charming front and back porches, a large backyard, and on-street parking. Though the property is listed under a single parcel ID, each unit has separate addresses, individual utility meters, providing convenience and flexibility for managing tenants or multi-generational living. Located in a prime Ferndale neighborhood, this multi-family home is within walking distance to Woodward Heights and Hilton, across the street from Ferndale’s Early Childhood Development Center, and close to local parks, shopping, dining, and nightlife. It’s the perfect blend of community charm and urban convenience. This is a rare duplex for sale in Ferndale for less than the price of a single condo! Live in one and rent the other for passive income, use one as a guest suite or home office, or rent both for an excellent cash-flow opportunity! Whether you’re seeking a turnkey rental property, a multi-family investment, or a comfortable home with income potential, this duplex is a smart and exciting buy that delivers! Schedule your showing today and see why this Ferndale income property stands out as one of the best opportunities on the market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy R Robinson 248-224-1013,

    Real Broker Berkley,

    Caren M Goldstone 248-224-1013,

    Real Broker Berkley

    Bought with:

    Kenneth J. Ritter, 6506036671

    Real Estate One Clinton

    Source: Realcomp II,MLS#: 20251049178MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Gas Dryer Hookup, In Unit, Washer Hookup
    Features
    • High Speed Internet, Programmable Thermostat
    • Windows: Energy Star Qualified Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,400 sqft
    • Finished area above ground: 1,400

    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Lighting, Private Entrance
    • Pool features: None
    • Fencing: Back Yard
    Lot
    • Size: 5,227 sqft
    • Dimensions: 48 x 105
    Details
    • Parcel number: 2527279009
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1955
    • Major remodel year: 2025

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Ferndale
    • Subdivision: CAMPBELL HEIGHTSNO 1

    Other

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

    Price history

    DateEventPrice
    12/8/2025Sold$240,000+2.1%$171/sqft
    Source: Realcomp II #20251049178 Report a problem
    11/18/2025Pending sale$235,000$168/sqft
    Source: Realcomp II #20251049178 Report a problem
    11/7/2025Listed for sale$235,000$168/sqft
    Source: Realcomp II #20251049178 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,208 +3.7%$115,550 +19.6%
    2023$2,130 +0.3%$96,580 +10.3%
    2022$2,123 +1.8%$87,530 +7.8%
    2021$2,086 $81,200 +9.2%
    2020-- $74,330 +10.6%
    2019$4,105 +103.7%$67,180 +13.4%
    2018$2,016 +1.4%$59,250 +107.5%
    2016$1,989 $28,550 +2.8%
    2015-- $27,760 +21.8%
    2014-- $22,800 -53.1%
    2011-- $48,620 -2.8%
    2010$2,271 -0.6%$50,020 +2.1%
    2009$2,286 +26.9%$49,000 +94.5%
    2001$1,801 +4%$25,190 +3.2%
    2000$1,731 $24,410

    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $248,700
    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
    $248,700