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For sale
  • $400,000

    351 Edgewood Pl, Ferndale, MI 48220

    5beds
    1,972sqft
    : 
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    Multi Family
    Built in 1925
    -- sqft lot
    $390,800 Zestimate®
    $203/sqft
    $-- HOA

    What's special

    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 currently vacant after a long-term tenant. 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
    35 days
    |
    742
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Stephan 586-216-6990,

    The Stephan Group 248-590-2067

    Source: Realcomp II,MLS#: 20261040998MLS Logo

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      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: 36 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $390,800

        $371,000 - $410,000

        $1,882/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$400,000+40.4%$203/sqft
        Source: Realcomp II #20261040998 Report a problem
        5/10/2024Listing removed$285,000-3.7%$145/sqft
        Source: Realcomp II #2210057081 Report a problem
        9/9/2021Sold$296,000+3.9%$150/sqft
        Source: Public Record Report a problem
        7/22/2021Pending sale$285,000$145/sqft
        Source: Realcomp II #2210057081 Report a problem
        7/19/2021Listed for sale$285,000+72.7%$145/sqft
        Source: Realcomp II #2210057081 Report a problem
        3/15/2021Listing removed--
        Source: Owner Report a problem
        10/3/2018Listing removed$1,100$1/sqft
        Source: Owner Report a problem
        9/24/2018Listed for rent$1,100+41.9%$1/sqft
        Source: Owner Report a problem
        1/22/2017Listing removed$165,000$84/sqft
        Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem
        12/2/2016Pending sale$165,000$84/sqft
        Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem
        10/27/2016Listed for sale$165,000+21190.3%$84/sqft
        Source: Max Broock, REALTORS-Birmingham #216104219 Report a problem
        1/19/2015Sold$775-99.6%
        Source: Agent Provided Report a problem
        1/19/2015Listing removed$775
        Source: Point2 #215000905 Report a problem
        1/6/2015Listed for rent$775+3.3%
        Source: Real Estate One Report a problem
        10/16/2013Listing removed$750
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #213103767 Report a problem
        10/9/2013Listed for rent$750-3.2%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #213103767 Report a problem
        6/8/2013Listing removed$775
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #213052185 Report a problem
        6/1/2013Price change$775+3.3%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #213052185 Report a problem
        7/7/2012Listed for rent$750+5.6%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #212069351 Report a problem
        3/3/2011Listing removed$710-1.4%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem
        1/24/2011Price change$720-1.4%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem
        1/8/2011Price change$730-2.7%
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem
        12/10/2010Listed for rent$750
        Source: MAX BROOCK, REALTORS-BIRMINGHAM #210137873 Report a problem
        2/7/2006Sold$178,000+77.1%$90/sqft
        Source: MiRealSource #6551 Report a problem
        4/12/1999Sold$100,500+82.7%$51/sqft
        Source: Public Record Report a problem
        6/20/1996Sold$55,000$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 48220

        Getting around

        52 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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