1529 Silman Street, Ferndale, MI 48220

• 2 baths |
• 1,538 sqft

Property Description

Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income. The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income. The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants. Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment. Conveniently located near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio. Schedule your private tour! Lower unit is currently leased for $1725 and is for a 1 year term May 2026 through April 2027 Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 1:42AM

Listing Office:

Anthony Djon Luxury Real Estate : 2487474834

Listing Agent:

Anthony Djon : 2487474834

MLS ID:

20261042215

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Other
• Pool: None

Construction

• General: BrickVinyl sidingTwoBasementBrick mortar

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Hazel park
• County: Oakland

Lot

• Zoning: T1NR11ESEC 35 FORD HEIGHTS SUB LOT 401ALSO E 1/2 OF LOT 402ALSO 1/2 OF VAC ALLEY ADJ TO SAME 12-10-14 CORR2535405036

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd