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Back 2932 Grayson Street
Off Market

2932 Grayson Street

Ferndale MI 48220

2
1400 sq. ft.
0.12 ac.
Multi-Family
Last sold for $240,000
Nancy RobinsonNancy Robinson, last sold this property on 08 December 2025 after 31 days on market.

Overview

Beautifully updated duplex in Ferndale; an investment property or owner/occupant opportunity. An exceptional investment property, perfect for house hackers, or long-term owners looking for strong rental potential. Beautifully maintained two-unit duplex has been lovingly cared for by the same family for many years and offers both comfort and versatility in a very desirable location. Each unit has approximately 700 square feet of well-designed living space, including 1 bedroom, 1 bath, in-unit laundry, a dining area, a spacious living room, and access to a shared utility room – a total of 1,400 sq.ft. across the property. Both units are exceptionally clean and updated with fresh paint, new carpet and appliances, renovated bathrooms, and newer windows, ensuring low maintenance for years to come. Enjoy charming front and back porches, a large backyard, and on-street parking. Though the property is listed under a single parcel ID, each unit has separate addresses, individual utility meters, providing convenience and flexibility for managing tenants or multi-generational living. Located in a prime Ferndale neighborhood, this multi-family home is within walking distance to Woodward Heights and Hilton, across the street from Ferndale's Early Childhood Development Center, and close to local parks, shopping, dining, and nightlife. It's the perfect blend of community charm and urban convenience. This is a rare duplex for sale in Ferndale for less than the price of a single condo! Live in one and rent the other for passive income, use one as a guest suite or home office, or rent both for an excellent cash-flow opportunity! Whether you're seeking a turnkey rental property, a multi-family investment, or a comfortable home with income potential, this duplex is a smart and exciting buy that delivers! Schedule your showing today and see why this Ferndale income property stands out as one of the best opportunities on the market.

Features

2 bathrooms
1400 sq. ft. floor area
0.12 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Ferndale over the last 12 months, the estimated median property value of 2932 Grayson Street is $352.5k.

Median value
$352.5k
Estimated value range
$240k - $1.58m
Median days on market
36
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ferndale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2932 Grayson Street

2025
Sold
$240,000
08 Dec 2025 by Nancy Robinson, of Real Broker Berkley

Happy sellers in Ferndale

84%
84% of sellers in Ferndale reported that their sale price either exceeded or met their price expectations.

Ferndale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Ferndale over the last 12 months.

Local market activity for multi families in Ferndale

In the last 12 months, 18 multi families similar to 2932 Grayson Street, have been sold.

This represents a 28% decrease in multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ferndale

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Misty Morris

Misty Morris is an award winning recommended agent for Ferndale.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (30 reviews)
  •  1 Review in Ferndale
  •  1 Sale in Ferndale
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Stacy Anderson

Stacy Anderson is a recommended agent for Ferndale.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (5 reviews)
  •  1 Review in Ferndale
  •  1 Sale in Ferndale
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Robert Campbell

Sellers who recommend Robert Campbell have praised them for being local expert, clear communication, responsive, reliable, honest, great negotiation, and patient

  •   5   (62 reviews)
  •  1 Review in Ferndale
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Christine Trupiano

Sellers who recommend Christine Trupiano have praised them for being local expert, responsive, clear communication, great negotiation, supportive, dedicated, and stress-free process

  •   5   (39 reviews)
  •  1 Review in Ferndale
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