Pending

131 E Cambourne Street

Ferndale, Michigan 48220

$350,000 $1,475/Mo

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Overview

Bed

Bath

1,708

Sqft

0.19

Acre(Lot)

Description

Incredible Income Property in the Heart of Ferndale! Welcome to this turn-key multi-family gem located on highly desirable E Cambourne! Perfect for an investor looking to add a high-performing asset to their portfolio, or an owner-occupant wanting to house-hack and have their mortgage paid by a tenant. This beautifully maintained property features two completely designated income units with independent setups: Lower Unit: Spaciously laid out with 3 bedrooms and 1 bathroom, boasting original Ferndale charm, beautiful trim work, and a warm, inviting atmosphere. Upper Unit: A bright and airy 2 bedrooms and 1 bathroom setup, perfect for tenants looking for a cozy, private space. Major High-Ticket Upgrades Completed! The seller has taken care of the big-budget items, so you don’t have to. Peace of mind updates include New HVAC & Air Conditioning Units for optimal efficiency and comfort. Completely Replaced Deck & Stairway leading to the upper unit, built with premium, maintenance-free Trex decking. Separate Laundry Facilities for each individual unit—a massive perk that tenants love and will command top rental dollar. Located just minutes from downtown Ferndale’s vibrant dining, shopping, and nightlife, with easy access to I-75 and M-102. Schedule your showing today and seize this rare multi-family opportunity!

Property Details

Property Type : Multifamily

Price : $350,000

AD Id : 79070018

MLS Id : 20261036260

Beds : 2

Lot Size : 0.19 Acre

Living Area Size : 1,708

Year Built : 1922

Garage : Garage

County : Oakland

Subdivision: Fairview -avon Twp

Map

Features

Bathroom Information

Total Baths: 2 Full Baths: 2
Interior Features

Basement Description: Unfinished
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1922 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Other
Exterior Features

Construction: Aluminum,Vinyl
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal)

Lot Information

Lot Size: 0.19 Lot Dimensions: 60X140.5
Property Information

SQ ft: 1708 Subdivision: Woodward Heights- Ferndale Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $350,000
Listing Information

Possession: Negotiable Legal Description: T1N, R11E, SEC 27 WOODWARD HTS SUB LOT 52, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Tax Information

Annual Tax: $5,131 Parcel Number: 2527379027
Possession

Negotiable
Legal Information

Legal Description: Section: T1N, R11E, SEC 27 WOODWARD HTS SUB LOT 52, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Unit 1 Information

# of Bedrooms: 2

School Information

School District: Ferndale
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1936 Farrow Street , Ferndale, MI, 48220	$289,900	3	2	1,400	1,400 SqFt
212 Ardmore Drive , Ferndale, MI, 48220	$325,000	2	3	1,389	1,389 SqFt
1785 Channing Street , Ferndale, MI, 48220	$379,000	5	2	1,700	1,700 SqFt
1529 Silman Street , Ferndale, MI, 48220	$314,900	5	2	1,538	1,538 SqFt
690 E Marshall Street , Ferndale, MI, 48220	$279,000	--	2	1,600	1,600 SqFt
351 Edgewood Place , Ferndale, MI, 48220	$400,000	5	3	1,972	1,972 SqFt
366 W Bennett Avenue , Ferndale, MI, 48220	$325,000	4	2	1,623	1,623 SqFt
695 Livernois Street , Ferndale, MI, 48220	$749,900	5	5	3,186	3,186 SqFt

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/12/2026 @ 01:07

MLS: 20261036260 LISTED BY: Jim Shaffer , Good Company 248-733-5811 SOURCE: Realcomp II Ltd