SoldSep 16, 2025

Listed by Jessica Juel from Arterra Luxe Collection LLC

Bought with Shawna Cascaden

Source: Multiple Listing Service MiRealSource #60929617

518 E Troy St, Ferndale, MI, 48220

$282,000

2
1494 sq. ft.
0.08 ac.

MultiFam

•

6 days on the market

Sold: Sep 16, 2025

What's around 518 E Troy St

About this property

Turn-key and low-maintenance, this beautifully updated Ferndale duplex is just steps from Nine Mile in the heart of downtown. Completely redone from the studs in 2015, the property has been well maintained and offers both charm and functionality. A covered front porch adds curb appeal, while inside you'll find two distinct units: the lower level features two bedrooms with a dedicated dining room, and the upper unit includes a large, comfortable living room and one bedroom. Both units are occupied by long-term tenants with leases secured through March & June. The shared basement offers laundry, storage, and has been professionally waterproofed with a transferable 20-year warranty. Outside you'll find ample parking and a fenced yard. Rental certified and nothing left to do, this is an excellent opportunity for a first-time investor or a seasoned buyer looking to add a dependable property to their portfolio. 24 hour notice required to show. Showings will be Saturday & Sunday, August 23rd & 24th.

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