Beautiful, spacious DOWNTOWN FERNDALE, lower flat, includes all utilities. The location can't be beat!
This home was built in 1929, remodeled in 2005, with coved ceilings, wood floors, beautiful etched windows, fireplace, garden-window, and a CUSTOM BATHROOM TO DIE FOR! Fenced in backyard, and a large covered front porch.
Off-street parking (2 spaces for you, but could fit in another small car or two), with shared laundry in the basement. Storage is available in the basement as well.
Appliances: electric range, refrigerator, microwave, dishwasher, washer & dryer
Heating/Cooling: forced air / central air
Furnishings: Dining room table & chairs, 2 sofas, buffet table, side tables & lamps. Dressers for clothes. Just bring your beds!
This is a quiet street, with professional working neighbors and families with children. If you are looking for a beautiful home downtown, and can walk to all the attractions in Ferndale, then settle in at night to a quiet home; this place is for you.
Rent covers all expenses (heat, water, gas, electric, central heat and A/C), so your living expenses will be fixed! $75/month for a additional occupants. Shared laundry (free) in the basement, as well as shared storage space in the basement. $150 cleaning fee.
This is a rare find, most tenants stay for several years. The terms are monthly, which allows for flexibility of move-out date. A 60-day notice is required to move out for long-term tenants.
Payment terms are monthly or bi-monthly. Electronic payment or cash.
Medusy Properties, LLC is very selective in choosing tenants, using Zillow for background/credit checks. All occupants (4 maximum) and pets must be met & approved in person. Dogs are OK, but must be well trained and relatively quiet. Sorry, no cats, birds, exotics pets. Additional fees per pet will apply ($350, non-refundable).
Sold for $346,500
Street View
$346,500
487 W Troy St, Ferndale, MI 48220
2beds
1baths
1,000sqft
Apartment
Built in 1929
-- sqft lot
$359,300 Zestimate®
$347/sqft
$3,133 Estimated rent
Home value
$359,300
$341,000 - $381,000
$3,133/mo
Zestimate® history
Owner options
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$3,133/mo
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$3,133/mo
Rent Zestimate®
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$2,221/mo
Est. payment
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$2,221/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air
Cooling
- Other
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street, Garage
Features
- Exterior features: Other
Lot
- Size: 5,401 sqft
Details
- Parcel number: 2534104007
Construction
Type & style
- Home type: Apartment
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1929
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Ferndale
Other
Other facts
- Cooling System: Air Conditioning
- dressing room (entire bedroom converted to a closet)
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2026 | Listing removed | $1,475$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/5/2026 | Price change | $1,475-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/18/2026 | Price change | $1,575-10%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/29/2026 | Listed for rent | $1,750+75.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/6/2026 | Sold | $346,500-8.8%$347/sqft |
Source: Public Record Report a problem | ||
| 11/5/2025 | Pending sale | $379,900$380/sqft |
Source: | ||
| 9/1/2025 | Listed for sale | $379,900+123.6%$380/sqft |
Source: | ||
| 12/2/2024 | Listing removed | $999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2024 | Price change | $999-49.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Listed for rent | $1,975$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2024 | Listing removed | $1,975+5.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Listed for rent | $1,875-3.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/4/2024 | Price change | $1,950+2.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/2/2024 | Listed for rent | $1,899+2.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/13/2023 | Listed for rent | $1,850+5.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/16/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/8/2021 | Listed for rent | $1,750+45.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/18/2020 | Listing removed | $1,200$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/11/2020 | Price change | $1,200-7.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/24/2020 | Price change | $1,295-5.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/20/2020 | Listed for rent | $1,375+38.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2016 | Listing removed | $995$1/sqft |
Source: Owner Report a problem | ||
| 2/10/2016 | Listed for rent | $995$1/sqft |
Source: Owner Report a problem | ||
| 7/30/2004 | Sold | $169,900$170/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,322 +3.5% | $158,810 +8% |
| 2023 | $5,143 +0.3% | $147,020 +9.8% |
| 2022 | $5,125 +1.9% | $133,910 +9.6% |
| 2021 | $5,030 | $122,200 +5.1% |
| 2020 | -- | $116,240 +12.7% |
| 2019 | $4,945 +1.8% | $103,160 +17.1% |
| 2018 | $4,857 +3.5% | $88,130 +2.1% |
| 2017 | $4,694 | $86,320 +8.6% |
| 2016 | $4,694 | $79,460 +6.6% |
| 2015 | -- | $74,550 +16.5% |
| 2014 | -- | $63,980 +4.4% |
| 2011 | -- | $61,300 -2.5% |
| 2010 | $4,368 -14.5% | $62,860 -15% |
| 2009 | $5,107 +21.4% | $73,960 -59.8% |
| 2005 | $4,206 | $183,820 +112.3% |
| 2003 | -- | $86,600 +16.1% |
| 2002 | -- | $74,590 +47.6% |
| 2001 | $2,665 +4.3% | $50,530 +3.2% |
| 2000 | $2,556 | $48,970 |
Find assessor info on the county website
Neighborhood: 48220
Nearby schools
GreatSchools rating
- NAFerndale Lower Elementary CampusGrades: K-3Distance: 1.2 mi
- 6/10Ferndale Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Ferndale High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$359,300
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
$359,300
- Michigan
- Oakland County
- Ferndale
- 48220
- 487 W Troy St
