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$314,900
18 Days On Site

1529 Silman Street
Ferndale City, MI 48220

For Sale|Multi Family|Active
5
Beds
2
Total Baths
2
Full Baths
1,538
SqFt
$205
/SqFt
1923
Built
Subdivision:
FORD HEIGHTS- FERNDALE
County:
Oakland
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
1529 Silman Street1529 Silman Street1529 Silman Street1529 Silman Street
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Monthly Payment (Est.)

$1,437
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$314,900
Days On Site 
18 Days
Bedrooms 
5
Inside Area (SqFt) 
1,538 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1923
MLS® Number 
20261042215
Status 
Active
Property Tax 
$8,640
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Cross Street 
W Of John R N Of 8 Mile
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Brick/Mortar
Levels 
Two
Pets 
No
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1538
Style 
Other
Water Source 
Public
Zoning 
MultiFamily, Residential
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BrickVinyl Siding
Pool Features 
None
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Area02258Ferndale
Roads 
Paved
School District 
HazelPark
Schools
School District
HazelPark
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Anthony Djon Luxury Real Estate: [email protected]



IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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