SoldDec 8, 2025

Bought with Kenneth J. Ritter

Source: Multiple Listing Service MiRealSource #60951595

2932 Grayson Street, Ferndale, MI, 48220

$240,000

2
1400 sq. ft.
0.12 ac.

MultiFam

11 days on the market

Sold: Dec 8, 2025

What's around 2932 Grayson Street

About this property

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.

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