1529 Silman Street, Ferndale, MI 48220
Local realty services provided by:CENTURY 21 Signature Realty
1529 Silman Street,Ferndale, MI 48220
$314,900
- - Beds
- 2 Baths
- 2,412 sq. ft.
- Multi-family
- Active
Listed by: masudur chowdhury
Office: exp realty main
MLS#:20261023151
Source:MI_REALCOMP
Price summary
- Price:$314,900
- Price per sq. ft.:$130.56
About this home
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....
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Home facts
- Year built:1923
- Listing ID #:20261023151
- Added:103 day(s) ago
- Updated:May 28, 2026 at 10:00 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Full, Partially Finished
- Living area:2,412 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1923
- Building area:2,412 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Basement, Brick Mortar
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$314,900
- Price per sq. ft.:$130.56
- Tax amount:$8,437
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