Sold for $260,000

$260,000

348 W Chesterfield St, Ferndale, MI 48220

3beds

1,180sqft

Multi Family

Built in 1922

-- sqft lot

$266,800 Zestimate^®

$220/sqft

$1,656 Estimated rent

Home value

$266,800

$251,000 - $285,000

$1,656/mo

Zestimate^® history

Owner options

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$1,656/mo

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$1,656/mo

Rent Zestimate^®

Refinance and save

$1,668/mo

Est. payment

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$1,668/mo

Est. payment

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What's special

Tenant-occupied two-bedroom lower unitCurb appealWonderful front porchAmple storage space

In the heart of downtown Ferndale, this fantastic multi-family property offers a prime location and versatile living options, making it perfect for investors or owner-occupiers looking to maximize their investment. With a wonderful front porch and curb appeal, the tenant-occupied two-bedroom lower unit is currently rented for $1,200 per month. The one-bedroom/one-bathroom upper unit is vacant. Shared laundry in the basement as well as ample storage space. All appliances are included and the property is currently licensed as a rental by the city, making it an attractive option for immediate income generation or easily convert to a single family with an upstairs master suite. Do not disturb tenants. 24 Hour to show. BATVAI. Sold as-is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Laundry: Common Area

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,180 sqft
Finished area above ground: 1,180

Property

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 4,356 sqft
Dimensions: 35 x 122

Details

Parcel number: 2534453053
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

Vinyl Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

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
8/6/2025	Sold	$260,000+2%$220/sqft
Source: Realcomp II #20251004557 Report a problem
6/21/2025	Pending sale	$255,000$216/sqft
Source: Realcomp II #20251004557 Report a problem
6/7/2025	Listed for sale	$255,000$216/sqft
Source: Realcomp II #20251004557 Report a problem