250 Spencer ST, Ferndale, MI 48220
$295,000
Est.Price: ?

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2 BA
1,452 SqFt

250 Spencer ST Ferndale, MI 48220

Est. payment /mo
SOLD DATE : 01/14/2026

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 1,452 sqft

Price per Sqft $192

Subdivision Woodward Homes

MLS Listing ID 20251044924

Sold Date 01/14/26

Style Colonial

Full Baths 2

Year Built 1922

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

Great 2-Family Income Opportunity with Approved Landlord License!
This well-maintained duplex is ideal for both investors and owner-occupants. The lower level offers a spacious 2-bedroom apartment with a full kitchen and bath. Upstairs, you'll find a charming 1-bedroom apartment with wood floors, a full kitchen, and a bath—perfect for a young professional, student, or anyone seeking their own private space.
The property features a separate rear entrance for the upper unit, shared laundry facilities in the basement (with potential to add coin-operated machines for extra income), and all appliances included. The exterior has been recently painted, and the home sits on a massive backyard where the city has indicated an ADU could be approved for even more income potential.
This is the perfect chance to live in one unit and rent out the other—a true rental hack—or expand your portfolio with a solid income-producing property.

Showing's will be granted after receiving a purchase agreement. One unit is currently leased.

Location

State MI

County Oakland

Area Area02258Ferndale

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ferndale

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

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Realcomp MLS
Listed by Dylan Tent of Signature Sotheby's International Realty Nvl
Bought with Top Agent Realty

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide | License ID: 6501435737

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