Active

351 Edgewood Place

Ferndale, Michigan 48220

$400,000 $1,686/Mo

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Overview

Bed

Bath

1,972

Sqft

0.10

Acre(Lot)

Description

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 kitch en 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 currently vacant after a long-term tenant. 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

Property Details

Property Type : Multifamily

Price : $400,000

AD Id : 79962464

MLS Id : 20261040998

Beds : 5

Lot Size : 0.10 Acre

Living Area Size : 1,972

Year Built : 1925

County : Oakland

Subdivision: Adolph Slomans Woodward Blvd

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 3 Full Baths: 3
Interior Features

Laundry Facility Basement Description: Unfinished,Common Storage Locker,Common
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1925 Building Stories: 3 Story Total Units: 2 Foundation/Basement: Basement Architecture: Upper/Lower Apartment
Exterior Features

Construction: Cedar,Vinyl
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal)

Lot Information

Lot Size: 0.10 Lot Dimensions: 35X121.3
Property Information

SQ ft: 1972 Subdivision: Adolph Slomans Woodward Blvd Financing: Cash,Conventional,FHA

Listing Price Information

Original List Price: $400,000
Listing Information

Possession: At Close Legal Description: T1N, R11E, SEC 34 ADOLPH SLOMAN'S WOODWARD BLVD SUB LOT 419, ALSO VAC ALLEY ADJ TO SAME

Tax Information

Annual Tax: $7,676 Parcel Number: 2534451007
Possession

At Close
Legal Information

Legal Description: Section: T1N, R11E, SEC 34 ADOLPH SLOMAN'S WOODWARD BLVD SUB LOT 419, ALSO VAC ALLEY ADJ TO SAME

Unit 2 Information

# of Bedrooms: 1
Unit 3 Information

# of Bedrooms: 1

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
131 E Cambourne Street , Ferndale, MI, 48220	$350,000	2	2	1,708	1,708 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
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 06/10/2026 @ 15:45

MLS: 20261040998 LISTED BY: Andrea Stephan , The Stephan Group 248-590-2067 SOURCE: Realcomp II Ltd