351 Edgewood Place, Ferndale, MI 48220
Local realty services provided by:CENTURY 21 Dynamic Realty
351 Edgewood Place,Ferndale, MI 48220
$400,000
- - Beds
- 3 Baths
- 1,972 sq. ft.
- Multi-family
- Active
Listed by: andrea stephan
Office: the stephan group
MLS#:20261040998
Source:MI_REALCOMP
Price summary
- Price:$400,000
- Price per sq. ft.:$202.84
About this home
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity.
The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces.
The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease.
There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value.
The owner currently pays for lawn care and snow removal.
BTVAI...
Contact an agent
Home facts
- Year built:1925
- Subdivision & Development:ADOLPH SLOMANS WOODWARD BLVD
- Listing ID #:20261040998
- Added:60 day(s) ago
- Updated:August 03, 2026 at 09:58 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Common, Common Storage Locker, Unfinished
- Living area:1,972 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1925
- Building area:1,972 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Upper Lower Apartment
- Construction Materials:Cedar, Vinyl Siding
- Foundation Description:Basement, Block
- Levels:Three
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$202.84
- Tax amount:$7,676
Features and amenities
- Laundry features:Common Area
New listings near 351 Edgewood Place
- New
$185,000Active2 beds 1 baths800 sq. ft.880 Jewell Street N, Ferndale, MI 48220
MLS# 20261058955Listed by: @PROPERTIES CHRISTIE'S INT'L R.E. BIRMINGHAM - New
$249,900Active3 beds 1 baths881 sq. ft.2164 Mapledale Street, Ferndale, MI 48220
MLS# 20261054382Listed by: KELLER WILLIAMS PAINT CREEK - New
$275,000Active3 beds 2 baths1,240 sq. ft.1489 Camden, Ferndale, MI 48220
MLS# 70549405Listed by: REDFIN CORPORATION - New
$250,000Active3 beds 2 baths1,018 sq. ft.231 E Saratoga Street, Ferndale, MI 48220
MLS# 20261054936Listed by: ANTHONY DJON LUXURY REAL ESTATE - New
$249,900Active2 beds 1 baths901 sq. ft.1474 Jewell, Ferndale, MI 48220
MLS# 50216856Listed by: REAL ESTATE ONE CLINTON - New
$350,000Active3 beds 2 baths1,709 sq. ft.645 Jewell Street, Ferndale, MI 48220
MLS# 20261052210Listed by: EXP REALTY - New
$379,999Active3 beds 2 baths1,498 sq. ft.1066 Pearson Street, Ferndale, MI 48220
MLS# 20261059701Listed by: POWELL REAL ESTATE - New
$90,000Active0.11 Acres3356 Harris Street, Ferndale, MI 48220
MLS# 20261059260Listed by: KW DOMAIN - New
$300,000Active3 beds 2 baths1,890 sq. ft.1621 Beaufield Street, Ferndale, MI 48220
MLS# 20261059077Listed by: KELLER WILLIAMS PREMIER - New
$199,950Active3 beds 1 baths822 sq. ft.2147 E Almont Street, Ferndale, MI 48220
MLS# 20261059099Listed by: AXEN REALTY LLC