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Sold for $435,000
  • $435,000

    364 W Cambourne St, Ferndale, MI 48220

    4beds
    1,934sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $456,700 Zestimate®
    $225/sqft
    $1,698 Estimated rent

    Home value

    $456,700

    $425,000 - $493,000

    $1,698/mo

    Zestimate® history
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    $1,698/mo

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    $1,698/mo

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    $2,876/mo

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    $2,876/mo

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    What's special

    Best offers due by Monday 6/9 @ 10am. Prime NW Ferndale Multifamily Opportunity – Live in One, Rent the Other! Located in the highly sought-after NW Ferndale neighborhood, just a few blocks from the heart of downtown, this two-unit multifamily home is the perfect opportunity for investors or owner-occupants seeking flexibility and long-term value. Both upper and lower 2 bedroom units have previously rented for around $1,700/month with the lower unit being currently owner-occupied with tenant rights. Loaded with charm & smart updates, the home features hardwood floors, thermal windows, newer downstairs appliances, both bathrooms gutted in the last 5-7 years, outdoor sprinkler system, newer furnaces and water heaters, and separate utilities (except water)—ideal for streamlined tenant management. City of Ferndale Rental Certified, with an oversized detached 2 car garage and 50' wide lot along with covered front porch & backyard paver patio...this is a rare opportunity to own a versatile, income-generating property in a premium Ferndale location with strong neighborhood appeal. This property checks all the boxes to either expand your portfolio or look for a smart way to live affordably.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jolene L Jacobs 248-212-7493,

    Good Company

    Bought with:

    Constance N Naber, 6501330680

    Remerica Integrity II

    Source: Realcomp II,MLS#: 20250034995MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,934 sqft
    • Finished area above ground: 1,934

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 50.00 x 137.00
    Details
    • Parcel number: 2527351034
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Brick, Stone
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities

    Community & HOA

    Community
    • Subdivision: WOODWARD HEIGHTS SUB - FERNDALE
    Location
    • Region: Ferndale

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $131,070
    • Annual tax amount: $8,804
    • Date on market: 6/5/2025
    • Cumulative days on market: 7 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    6/23/2025Sold$435,000+8.8%$225/sqft
    Source: Realcomp II #20250034995 Report a problem
    6/10/2025Pending sale$399,900$207/sqft
    Source: Realcomp II #20250034995 Report a problem
    6/5/2025Listed for sale$399,900+76.2%$207/sqft
    Source: Realcomp II #20250034995 Report a problem
    12/2/2015Sold$227,000+1.3%$117/sqft
    Source: MiRealSource #31261483 Report a problem
    9/4/2015Listed for sale$224,000$116/sqft
    Source: RE/MAX Showcase Homes #215096622 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,855 +10%$183,620 +2.3%
    2024$8,047 +6.1%$179,490 +4.7%
    2023$7,582 -0.1%$171,410 +10.2%
    2022$7,587 -10.4%$155,510 +8.1%
    2021$8,472 $143,870 +0.8%
    2020-- $142,750 +2.4%
    2019$6,300 +1%$139,340 +12.6%
    2018$6,240 +1.1%$123,770 -0.4%
    2017$6,175 $124,270 +17.7%
    2016$6,175 $105,620 +20.4%
    2015-- $87,720 +13.7%
    2014-- $77,170 +15.5%
    2011-- $66,810 -16.5%
    2010$4,087 +34.8%$80,000 -11.7%
    2009$3,031 -9.3%$90,650 +93.1%
    2001$3,341 +4%$46,950 +3.2%
    2000$3,213 $45,500
    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $456,700
    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
    $456,700