NathanOake
Sign Up Login
Refine Search

1529 Silman Street, Ferndale, MI 48220

$314,900
  • 1529 Silman Street, Ferndale, MI 48220 Main Photo
Virtual Tour

52 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS2 full SQUARE FEET1,538 MLS#20261042215
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFord Heights- Ferndale SCHOOLHazel Park

Property Description

Fantastic investment opportunity in the heart of Ferndale! This well-maintained multi-family property features two separate units, making it ideal for investors or owner-occupants looking to generate rental income. The main-floor unit offers 3 spacious bedrooms, 1 full bathroom, beautiful hardwood flooring throughout most of the living areas, and a full basement providing ample storage and endless possibilities for additional use. This unit is currently leased through a one-year term at $1,725 per month, providing immediate rental income. The upper-level unit features its own private entrance, 2 bedrooms, 1 full bathroom, and a functional layout that offers comfort and privacy for tenants. Additional highlights include a brand-new central air conditioning system installed in 2025, laminate flooring in the kitchen and bedroom areas, a large covered front porch perfect for relaxing, and a generously sized backyard ideal for entertaining or outdoor enjoyment. Conveniently located near downtown Ferndale's shopping, dining, parks, and major freeways, this is an excellent opportunity to add a solid income-producing property to your portfolio. Schedule your private tour! Lower unit is currently leased for $1725 and is for a 1 year term May 2026 through April 2027 Upper unit is leased for $1180 and will go in effect July 2026 thorough June 2027

1529 Silman Street | MLS# 20261042215

This multi-family property located at 1529 Silman Street, Ferndale, MI 48220 is currently listed for sale with an asking price of $314,900. Silman Street is located within the Hazel Park school district. Search Ferndale real estate on noake.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.11 Acres
Year Built: 1923

Feature Descriptions

Architecture: Other
Days on Site: 1
Exterior: Brick, Vinyl
Foundation: Basement
Lot Dimensions: 0.11 Acre(s)
Road Frontage: Paved
Summer Tax: $8400.0000
Winter Tax: $240.0000

Local Schools

School District: Hazel Park

Listed By / Shown By

Listed By

Agency Name: Anthony Djon Luxury Real Estate
Agency Phone: (248) 747-4834

Shown By

Agent Name: Nathan Oake
Agent Phone: (734) 845-0680
Agency Title: Griffith Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 792.68 per month $700.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $91.85 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 2:36:33 AM EST) or RealComp MLS (last updated Wed 06/10/2026 12:45:49 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
IDX provided courtesy of Realcomp II Ltd.
©2021 Realcomp II Ltd. Shareholders

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel