316 Spencer Street
Ferndale, Michigan 48220
3
Bed
2
Bath
1,368Sqft
0.15Acre(Lot)
Charming Ferndale multi-family with tons of upside! The entry-level unit features hardwood flooring throughout, an updated kitchen with granite countertops and stainless-steel appliances, plus a welcoming front sitting porch. This level offers 2 bedrooms and 1 full bath. Upstairs, the second-story unit is a bright 1-bed, 1-bath layout with its own updated kitchen, stainless appliances, and matching new flooring throughout. Utilities are separately metered for each unit, making this an easy, low-hassle property to manage. Live in one unit and rent the other to offset your mortgage (house hacking at its finest) or add this turnkey duplex to your investment portfolio — either way, this one works hard for you. Major systems have all been updated within the last 10 years, including the roof,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Total Rooms: 5 Porches: Porch - Covered,Porch,CoveredInterior Features
Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Cooling: Ceiling Fan(s),Central Air Heating: Forced Air Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1924 Building Stories: 1 1/2 Story Roof: Asphalt Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Lighting,Fenced Construction: Aluminum -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal) Water Heat: Natural Gas
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Lot Information
Lot Size: 0.15 Lot Dimensions: 40X159 Frontage Feet: 40 -
Property Information
SQ ft: 1368 Subdivision: Woodward Homes Financing: Cash,Conventional,VA
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Listing Price Information
Original List Price: $339,900 -
Listing Information
Possession: At Close Legal Description: T1N, R11E, SEC 34 WOODWARD HOMES SUB LOT 49, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
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Tax Information
Annual Tax: $7,224 Parcel Number: 2534476024 -
Possession
At Close -
Legal Information
Legal Description: Section: T1N, R11E, SEC 34 WOODWARD HOMES SUB LOT 49, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
-
School Information
School District: Ferndale -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 446 W Drayton Street , Ferndale, MI, 48220 | $519,900 | 3 | 1.5 | 1,840 | 0.14 Acre |
| 571 W Saratoga Street , Ferndale, MI, 48220 | $320,000 | 3 | 1.5 | 1,270 | 0.13 Acre |
| 315 Leroy Street , Ferndale, MI, 48220 | $325,000 | 3 | 2 | 1,605 | 0.10 Acre |
| 731 Spencer Street , Ferndale, MI, 48220 | $374,900 | 5 | 2.5 | 1,722 | 0.19 Acre |
| 21326 Ithaca Avenue , Ferndale, MI, 48220 | $188,000 | 3 | 1.5 | 1,050 | 0.14 Acre |
| 3230 Harris Street , Ferndale, MI, 48220 | $219,900 | 3 | 1 | 960 | 0.11 Acre |
| 21414 Westview Avenue , Ferndale, MI, 48220 | $180,000 | 3 | 1 | 1,025 | 0.12 Acre |
| 1904 Farrow Street , Ferndale, MI, 48220 | $299,000 | 4 | 2 | 1,500 | 0.10 Acre |
| 595 E Drayton Street , Ferndale, MI, 48220 | $230,000 | 2 | 1 | 786 | 0.10 Acre |
| 1619 Camden Street , Ferndale, MI, 48220 | $239,999 | 3 | 2 | 898 | 0.11 Acre |
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ByOwner last updated this listing 09/05/2026 @ 08:36
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