$314,900

1529 Silman Street, Ferndale, MI 48220

  • 2 baths |
  • 2,412 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $131/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Welcome to this beautifully maintained two-unit duplex, ideal for both owner-occupants and investors. Live in one unit while renting the other, or rent both for strong cash flow. The property generates $2,800/month in total rental income — the upper unit rents for $1,150 (lease through November 2025) and the lower unit rents for $1,650 (lease through May 2026). This clean, thoroughly updated, and fully occupied duplex features newer siding and windows, newly installed A/C units in both apartments, fresh hardwood floors, new vinyl flooring, and a remodeled lower-level bathroom. Each unit offers two bedrooms plus a spacious den, which can easily be used as a third sleeping area with a rolling closet. The entry-level unit includes a large covered front porch, while the upper unit features an enclosed private covered landing. The home also offers a full basement with shared washer and dryer, along with ample storage space. Outside, enjoy a large private backyard, fenced on three sides. Utilities are shared. A solid investment with excellent income potential and flexible living options.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 7:41AM
Listing Office:
EXP Realty Main : 8885017085
Listing Agent:
Masudur Chowdhury : 5864306780
MLS ID:
20261023151
  • Basement: FullPartially finished
  • Heating: Forced airNatural gas
  • Style: Other
  • Pool: None
  • General: BrickVinyl sidingTwoBasementBrick mortar
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Hazel park
  • County: Oakland
  • 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
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Masudur Chowdhury , EXP Realty Main

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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