Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity.
The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces.
The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease.
There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value.
The owner currently pays for lawn care and snow removal.
BTVAI
For sale
$400,000
351 Edgewood Pl, Ferndale, MI 48220
5beds
1,972sqft
Multi Family
Built in 1925
-- sqft lot
$391,000 Zestimate®
$203/sqft
$-- HOA
What's special
- 81 days |
- 433 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Andrea Stephan 586-216-6990,
The Stephan Group 248-590-2067
Source: Realcomp II,MLS#: 20261040998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Common Area
Features
- Basement: Common,Common Storage Locker,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,972 sqft
- Finished area above ground: 1,972
Property
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 121.3
Details
- Parcel number: 2534451007
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Upper Lower Apartment
- Property subtype: Multi Family
Materials
- Cedar, Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1925
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: ADOLPH SLOMANS WOODWARD BLVD
Location
- Region: Ferndale
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $121,440
- Annual tax amount: $7,676
- Date on market: 6/4/2026
- Cumulative days on market: 81 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Assumable,Cash,Conventional,FHA
Estimated market value
Zestimate®
$391,000
Estimated sales range
$371,000 - $411,000
Rent Zestimate®
$2,257/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $400,000+40.4%$203/sqft |
Source: | ||
| 5/10/2024 | Listing removed | $285,000-3.7%$145/sqft |
Source: | ||
| 9/9/2021 | Sold | $296,000+3.9%$150/sqft |
Source: Public Record Report a problem | ||
| 7/22/2021 | Pending sale | $285,000$145/sqft |
Source: | ||
| 7/19/2021 | Listed for sale | $285,000+72.7%$145/sqft |
Source: | ||
| 3/15/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/3/2018 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 9/24/2018 | Listed for rent | $1,100+41.9%$1/sqft |
Source: Owner Report a problem | ||
| 1/22/2017 | Listing removed | $165,000$84/sqft |
Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem | ||
| 12/2/2016 | Pending sale | $165,000$84/sqft |
Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem | ||
| 10/27/2016 | Listed for sale | $165,000+21190.3%$84/sqft |
Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem | ||
| 1/19/2015 | Sold | $775-99.6% |
Source: Agent Provided Report a problem | ||
| 1/19/2015 | Listing removed | $775 |
Source: Point2 #215000905 Report a problem | ||
| 1/6/2015 | Listed for rent | $775+3.3% |
Source: Real Estate One Report a problem | ||
| 10/16/2013 | Listing removed | $750 |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #213103767 Report a problem | ||
| 10/9/2013 | Listed for rent | $750-3.2% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #213103767 Report a problem | ||
| 6/8/2013 | Listing removed | $775 |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #213052185 Report a problem | ||
| 6/1/2013 | Price change | $775+3.3% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #213052185 Report a problem | ||
| 7/7/2012 | Listed for rent | $750+5.6% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #212069351 Report a problem | ||
| 3/3/2011 | Listing removed | $710-1.4% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem | ||
| 1/24/2011 | Price change | $720-1.4% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem | ||
| 1/8/2011 | Price change | $730-2.7% |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem | ||
| 12/10/2010 | Listed for rent | $750 |
Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem | ||
| 2/7/2006 | Sold | $178,000+77.1%$90/sqft |
Source: | ||
| 4/12/1999 | Sold | $100,500+82.7%$51/sqft |
Source: Public Record Report a problem | ||
| 6/20/1996 | Sold | $55,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,548 +3.9% | $132,420 +4.4% |
| 2024 | $7,268 +2.9% | $126,830 +9.6% |
| 2023 | $7,060 +11.2% | $115,750 +10.8% |
| 2022 | $6,352 +1.9% | $104,430 +5.4% |
| 2021 | $6,233 | $99,050 +2% |
| 2020 | -- | $97,120 +7.6% |
| 2019 | $6,127 +86% | $90,300 +14.2% |
| 2018 | $3,294 +1.2% | $79,050 +11.6% |
| 2017 | $3,255 | $70,830 +19.9% |
| 2016 | $3,255 | $59,060 +21.1% |
| 2015 | -- | $48,770 +17.5% |
| 2014 | -- | $41,490 +1.9% |
| 2011 | -- | $40,730 -22.6% |
| 2010 | $3,683 -17.7% | $52,600 -18.4% |
| 2009 | $4,475 +39.9% | $64,450 -49.7% |
| 2005 | $3,200 | $128,040 +98.5% |
| 2003 | -- | $64,510 +12.3% |
| 2002 | -- | $57,430 +24.3% |
| 2001 | $3,290 +4% | $46,190 +3.2% |
| 2000 | $3,164 | $44,760 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 48220
Nearby schools
GreatSchools rating
- NAFerndale Lower Elementary CampusGrades: K-3Distance: 2 mi
- 6/10Ferndale Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Ferndale High SchoolGrades: 9-12Distance: 1 mi
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