Charming Ferndale multi-family with tons of upside! The entry-level unit features hardwood flooring throughout, an updated kitchen with granite countertops and stainless-steel appliances, plus a welcoming front sitting porch. This level offers 2 bedrooms and 1 full bath. Upstairs, the second-story unit is a bright 1-bed, 1-bath layout with its own updated kitchen, stainless appliances, and matching new flooring throughout.
Utilities are separately metered for each unit, making this an easy, low-hassle property to manage. Live in one unit and rent the other to offset your mortgage (house hacking at its finest) or add this turnkey duplex to your investment portfolio — either way, this one works hard for you.
Major systems have all been updated within the last 10 years, including the roof, electrical, plumbing, HVAC, gutters, and basement waterproofing, giving you real peace of mind from day one. Move-in ready and income-ready — don't miss this Ferndale gem!
For sale
$339,900
316 Spencer St, Ferndale, MI 48220
3beds
1,368sqft
Multi Family
Built in 1924
-- sqft lot
$331,700 Zestimate®
$248/sqft
$-- HOA
What's special
- 22 hours
- 145
- 8
Zillow last checked:
Listing updated:
Listed by:
Drew Mahar 269-760-2744,
@properties Christie's Int'l R.E. Birmingham 248-850-8632
Source: Realcomp II,MLS#: 20261068082
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Central Air
Appliances
- Laundry: Common Area
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,368 sqft
- Finished area above ground: 1,368
Property
Features
- Levels: One And One Half
- Stories: 1.5
- Patio & porch: Covered, Porch
- Exterior features: Lighting
- Pool features: None
- Fencing: Fenced
Lot
- Size: 6,534 Square Feet
- Dimensions: 40 x 159
Details
- Parcel number: 2534476024
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: WOODWARD HOMES
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $101,630
- Annual tax amount: $7,224
- Date on market: 9/1/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Va Loan
Estimated market value
$331,700
$315,000 - $348,000
$1,605/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $339,900+209%$248/sqft |
Source:  Realcomp II #20261068082 Report a problem | ||
| 4/16/2021 | Listing removed | -- |
Source:  Keller Williams Report a problem | ||
| 3/22/2021 | Price change | $1,350-3.6%$1/sqft |
Source: Keller Williams #2210013741 Report a problem | ||
| 3/3/2021 | Listed for rent | $1,400+17.2%$1/sqft |
Source: Keller Williams #2210013741 Report a problem | ||
| 10/21/2018 | Listing removed | $1,195$1/sqft |
Source: Keller Williams Realty Rochester #218095480 Report a problem | ||
| 10/1/2018 | Price change | $1,195+21.9%$1/sqft |
Source: Keller Williams Realty Rochester #218095480 Report a problem | ||
| 8/22/2018 | Listed for rent | $980-2%$1/sqft |
Source: Keller Williams Troy #218081672 Report a problem | ||
| 10/31/2016 | Listing removed | $1,000+33.3%$1/sqft |
Source: Keller Williams Troy #216103187 Report a problem | ||
| 5/5/2016 | Sold | $110,000-8.3%$80/sqft |
Source: Public Record Report a problem | ||
| 4/12/2016 | Pending sale | $119,900$88/sqft |
Source: Keller Williams - Royal Oak #216032570 Report a problem | ||
| 4/8/2016 | Price change | $119,900-7.7%$88/sqft |
Source: Keller Williams Royal Oak Market Center #216032570 Report a problem | ||
| 11/6/2015 | Listed for sale | $129,900-10.4%$95/sqft |
Source: Michigan Metropolitan, REALTORS� #215119980 Report a problem | ||
| 6/1/2012 | Listing removed | $750$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #212050380 Report a problem | ||
| 5/18/2012 | Listed for rent | $750-6.3%$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #212050380 Report a problem | ||
| 3/18/2012 | Listing removed | $800$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #211110976 Report a problem | ||
| 12/14/2011 | Listed for rent | $800$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #211110976 Report a problem | ||
| 11/9/2011 | Listing removed | $800$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #211110976 Report a problem | ||
| 10/23/2011 | Listed for rent | $800$1/sqft |
Source: COLDWELL BANKER WEIR MANUEL-BIR #211110976 Report a problem | ||
| 1/24/2011 | Listing removed | $144,900$106/sqft |
Source: Coldwell Banker Weir Manuel #29150967 Report a problem | ||
| 12/4/2009 | Listed for sale | $144,900+18596.8%$106/sqft |
Source: Coldwell Banker Weir Manuel #29150967 Report a problem | ||
| 9/1/2008 | Listing removed | $775$1/sqft |
Source: Coldwell Banker** #28086408 Report a problem | ||
| 7/24/2008 | Price change | $775-3.1%$1/sqft |
Source: Coldwell Banker** #28086408 Report a problem | ||
| 6/28/2008 | Price change | $800-5.9%$1/sqft |
Source: Coldwell Banker** #28086408 Report a problem | ||
| 6/2/2008 | Listed for sale | $850-99.4%$1/sqft |
Source: Coldwell Banker** #28086408 Report a problem | ||
| 11/5/2003 | Sold | $146,000+20.7%$107/sqft |
Source: Public Record Report a problem | ||
| 12/1/1999 | Sold | $121,000+49.4%$88/sqft |
Source: Public Record Report a problem | ||
| 12/23/1997 | Sold | $81,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,089 +4% | $136,720 +1.8% |
| 2024 | $6,816 -1.7% | $134,350 +7.8% |
| 2023 | $6,931 +5.6% | $124,630 +8.9% |
| 2022 | $6,566 +1.9% | $114,410 +6.2% |
| 2021 | $6,443 | $107,700 +3.3% |
| 2020 | -- | $104,210 +12.7% |
| 2019 | $6,332 +1.8% | $92,460 +12.9% |
| 2018 | $6,220 +83% | $81,870 +2.1% |
| 2017 | $3,400 | $80,150 +42.9% |
| 2016 | $3,400 | $56,080 +11.4% |
| 2015 | -- | $50,360 +14% |
| 2014 | -- | $44,190 +1.2% |
| 2011 | -- | $43,680 -8.5% |
| 2010 | $3,358 -15% | $47,730 -15.6% |
| 2009 | $3,951 +43.2% | $56,580 -53.2% |
| 2005 | $2,758 | $121,020 +108.1% |
| 2003 | -- | $58,150 +17.1% |
| 2002 | -- | $49,660 +21.2% |
| 2001 | $2,936 +4% | $40,970 +3.2% |
| 2000 | $2,824 | $39,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48220
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