217 E  Drayton St, Ferndale, MI 48220
Property image
Property image
FOR SALE

217 E Drayton St
Ferndale, MI 48220

  • 3 Beds
  • 2 Baths

$330,000

Est. Mortgage $2,128/mo*

$330,000

Est. Mortgage $2,128/mo*
3 Beds
2 Baths

Home Highlights

Parking
2 Parking Spaces
Climate Control
Heating only
Listed
3 days ago

Local Information

  • Map ViewExplore the area around 217 E Drayton St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

TURN-KEY INVESTMENT OPPORTUNITY IN FERNDALE! This well-maintained duplex offers an excellent opportunity for investors and owner-occupants. The updated lower unit is vacant and ready for a new tenant (most recently rented for $1,700/month) or immediate owner occupancy. The upper unit is tenant-occupied with an active lease at $1,185/month, providing immediate rental income. The current property manager is available to continue managing the property for the new owner. Major capital improvements were completed in 2024, including a new roof, furnace, and hot water heater. The property has undergone regular preventative maintenance throughout ownership. Additional features include a spacious 2.5-car detached garage and a dry basement with lockable storage for each unit. Located just half a mile from downtown Ferndale with easy access to downtown Royal Oak and major highways, this low-maintenance property offers flexibility and long-term value in a desirable location. Buyer to verify all Lower unit is vacant. Upper unit is tenant-occupied with an active lease paying $1185/month. Tenant documents attached.

Home Details for 217 E Drayton St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity ConnectedLaundry: In Basement
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Has Electric on Property

Exterior Features

Parking & Garage
Parking Spaces: 2Parking: Concrete,Driveway
Frontage
Not on Waterfront

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 to 4 Units
Building
Construction Materials: Aluminum SidingNot a New Construction
Property Information
Parcel Number: 2527326027

Price & Status

Price
List Price: $330,000

Location

Direction & Address
City: Ferndale
School Information
High School District: Ferndale

Agent Information

Listing Agent
Listing ID: 26038927

Lot Information

Lot Area: 1742.4 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Water, Sewer, Gas

Rental Terms, Policies & Fees

Owner Pays: None

Miscellaneous

BasementMls Number: 26038927
Last check for updates: about 3 hours ago
Listing courtesy of Keith Jourdan, (734) 330-5081
Preferred, Realtors Ltd, (734) 459-6000
Source: MichRIC, MLS#26038927

Market trends in Ferndale

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$255K
$5.93K
MoM
Sale-to-List Price
100.0%
0.1%
MoM
Price per sq ft
$211
$10
MoM
Available listings
126
5
MoM

Price History for 217 E Drayton St

DatePriceEventSource
07/28/2026$330,000Listed For SaleMichRIC #26038927
12/13/2023ListingRemovedZillow Rentals
10/23/2023$1,200PriceChange
Zillow Rentals
10/12/2023$1,300Listed For RentZillow Rentals
07/14/2022ListingRemovedZillow Rental Manager
07/07/2022$1,180Listed For RentZillow Rental Manager
02/24/2021ListingRemovedN/A
05/16/2020$980ListingRemovedN/A
05/11/2020$980Listed For RentN/A
05/19/2019$1,040ListingRemovedN/A
05/18/2019$1,040PriceChange
N/A
05/02/2019$1,420Listed For RentN/A
05/10/2018$1,370ListingRemovedN/A
05/09/2018$1,370Listed For RentN/A
10/28/2017$995ListingRemovedAgent Provided
10/14/2017$995Listed For RentAgent Provided
05/18/2017$995ListingRemovedN/A
04/30/2017$995PriceChange
N/A
04/23/2017$970Listed For RentN/A
05/10/2016$191,500Sold
N/A
04/06/2016$191,900PendingAgent Provided
04/06/2016$191,900PriceChange
Agent Provided
04/02/2016$169,000Listed For SaleAgent Provided
10/26/2007$1Sold
MiRealSource #12840

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Property Tax and Assessment

Year2025
Tax$8,337
Assessment$320,980
Home facts updated by county records

Comparable Sales for 217 E Drayton St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Multi-Family Home
$475,000
01/06/26
4
4
3,884
0.25
Multi-Family Home
$330,000
06/30/26
2
2
1,708
0.54
Multi-Family Home
$322,500
09/30/25
3
2
1,484
0.71
Multi-Family Home
$282,000
09/16/25
3
2
1,494
0.42
Multi-Family Home
$271,000
10/27/25
3
3
1,416
0.36
Multi-Family Home
$400,000
10/31/25
4
2
2,824
0.67
Multi-Family Home
$240,000
12/08/25
2
2
1,400
0.70
Multi-Family Home
$310,000
07/14/26
2
3
1,389
0.86
Multi-Family Home
$280,000
11/05/25
4
2
1,479
1.14
Multi-Family Home
$325,000
05/18/26
3
2
1,412

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 217 E Drayton St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ferndale

At least 277 Trulia users voted on each feature.
  • 97 % Say there are sidewalks

  • 96 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 88 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 72 % Say car is needed

  • 68 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 63 % Say neighbors are friendly

  • 62 % Say parking is easy

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say it's quiet

  • 55 % Say there's wildlife

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Corey Smith
    "Easy commute because of access to 696 and 75. Woodward not far either, major arteries and roads are nearby."
  • Neeli
    "Friendly family community beautiful fun accepting. All houses and lawns are well maintained and neighbors know neighbors. "
  • Rebecca Richardson
    "There is a fest nearby once a year and an art fair hosted there as well! School nearby with a soccer league for kids in the park!"
  • Stacey Tobar
    "The unique quality of homes and diverse people. Very eclectic and environmentally conscious. Enjoy the well maintained streets, walks and bike paths/routes"
  • Stacey Tobar
    "There is a dedicated dog park for small and large dogs. People are out and about with their pets. There is also a fantastic network of bike lanes"
  • Carrieroeder
    "Great dog parks in the area and plenty of places to walk. Festivals downtown are also pet friendly. "
  • JL
    "Good restaurants and boutique shops, 5 mins from royal oak, very close to major highways, plenty of green space "
  • Marymcelmury
    "Ferndale is a great little city and always has something going on. great neighbors and wonderful High School."
  • Dd S.
    "Friendly, open-minded, walkable and dog friendly. Great parks, community center, amazing food and bike lanes."
  • Curtis S.
    "Most owners a very conscientious of other dogs and their owners - almost to a distancing fault then there’s some that trust their dogs so much they disregard how other dogs might behave."
  • Sirinitysdaughtr
    "We have multiple festivals each year including but not limited to: Pig and Whiskey, DIY Festival, Dream Cruise and more. There are plenty of events that bring people to the area and the community is extremely welcoming and kind. "
  • Patrick V.
    "Good commute. Takes no longer than 15-20 to get to any major city nearby. While you’re in a small community, it feels like a family environment too. "
  • Octavia D.
    "This is a wonderful place for families: safe, diverse, friendly neighborhood with an amazing community. "
  • Zack D.
    "Lots of playgrounds and places to walk to. I wish downtown was more child friendly but still enjoy going out with our kids. Lovely place to live! "
  • Brieann S.
    "Quiet neighborhood, nice and homie. There are great people who live here but there are also a lot of people who smoke marijuana and drink a lot so not a place for kids at all"
  • Claudius.kremer
    "I previously came here and I’m impressed if this lifestyle, all the jung people and their cool kind of doing sports, going for a walk and living their life ! "
  • Jonathan.w.evans3
    "Great! Very easy and clean. It does get pretty busy during rush hour. Other than that it’s fine. A very small, but big city. Love living here. "
  • Sarah
    "It’s a fun place to live. It’s a welcoming community. There are a lot of events over the summer. A lot of great local restaurants and businesses."
  • Klbrown64
    "We have an annual block party, people walk their dogs daily, people walk around the block daily, we help each other remove snow when necessary"
  • Aren W.
    "I’ve lived here for the past decade. I love this town! Highly suggest buying or renting if you can. "
  • Libby L.
    "Tons of dogs everywhere! People are good about picking up after their pups and respecting the space of other dog-walkers when out and about. "
  • Dcrosslin
    "DIY craft festival, Pig & Whiskey festival, Halloween events, Pride festival, Dreamcruise, winter ice sculptures"
  • Eric J.
    "festivals, everything is within walking distance, trendy restruants, great craft breweries, quirky shops, vibrant downtown, inclusive and accepting culture"
  • Jessica S.
    "lots of parks and dog-friendly places, the community is very dog-friendly, and generally neighbors are good stewards "
  • Aren W.
    "I love it here! Been living here for 9 years. Everything you could ever need is close and ton of awesome neighbors and friends all around! "
  • Linesvilleapartments
    "Easy access to 75 and 696. Very convenient to go to work almost anywhere in metro Detroit. Side streets are quiet given proximity to highways "
  • Tevonne M.
    "Safe Community, Very Walkable Get to know your neighbors! Sidewalks well maintained lots of parks to keep the kids off the streets."
  • Cass.varner
    "Safe environment, pet friendly, lots of recreational options. Lovely environment for all ages. Great for family"
  • Ferndale1
    "Generally open minded community. Younger couples that are friendly but give others space to live. Seeing growth as Ferndale business expand north"
  • Callie
    "The people are very friendly and come from many different backgrounds. It’s a very diverse and lively community with great culture."
  • Chris K.
    "nice diverse place with many social activities. safe feeling. friendly atmosphere. decent neighbors. great nightlife with walkable streets. "
  • Laura
    "It’s a 10 minute to downtown Detroit, a bike ride to Royal Oak, commuting northbound in the morning is against traffic, same coming home and there’s a ton of parks to walk to"
  • Hal_justhal
    "Access to maintained sidewalks is good. Some neighbors use chemical insecticides on their yards which would be dangerous to dogs. "
  • Cass.varner
    "Very friendly, safe, and lots of other pet parents. Lots of families and fun things to do, even a dog park. "
  • Curtis S.
    "Ferndale is a diverse and ever-growing community with all the amenities one could need in a small city with a tiny town feel. It’s accessible, reasonable, and Great place to live whether you’re on your own or raised in a family. "
  • Martell G.
    "everything is beautiful about ferndale ,it would bemuch better if i wasnt paying 840.00a month to stay in a room i NEED A HOUSE OR APARTMENT ASAP!÷"
  • Nancywatsonbarr
    "Unpretentious with lots of character. Walkable to library, yoga, eateries and shopping. Easy commute to Detroit and otter "
  • Luigj P.
    "I'm a big fan of the Ferndale area. The people are very welcoming and open minded. Cool restaurants and bars to check out. "

LGBTQ Local Legal Protections

Keith Jourdan, Preferred, Realtors Ltd, (734) 459-6000
Agent Phone: (734) 330-5081
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
217 E Drayton St, Ferndale, MI 48220 is a 3 bedroom, 2 bathroom multi-family built in 1925. This property is currently available for sale and was listed by MichRIC on Jul 28, 2026. The MLS # for this home is MLS# 26038927.