217 E Drayton St
Ferndale, MI 48220
- 3 Beds
- 2 Baths
3 Beds
2 Baths
Home Highlights
Parking
2 Parking Spaces
Climate Control
Heating only
Listed
3 days ago
Local Information
-- mins to
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
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MLS Status: Active |
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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 |
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Parking & Garage Parking Spaces: 2Parking: Concrete,Driveway |
Frontage Not on Waterfront |
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Days on Market: 3 |
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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 |
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Price List Price: $330,000 |
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Direction & Address City: Ferndale |
School Information High School District: Ferndale |
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Listing Agent Listing ID: 26038927 |
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Lot Area: 1742.4 sqft |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity, Water, Sewer, Gas |
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Owner Pays: None |
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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
Avg. sale price
$255K
$5.93KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$211
$10MoM
Available listings
126
5MoM
Price History for 217 E Drayton St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/28/2026 | $330,000 | Listed For Sale | MichRIC #26038927 |
| 12/13/2023 | ListingRemoved | Zillow Rentals | |
| 10/23/2023 | $1,200 | PriceChange | Zillow Rentals |
| 10/12/2023 | $1,300 | Listed For Rent | Zillow Rentals |
| 07/14/2022 | ListingRemoved | Zillow Rental Manager | |
| 07/07/2022 | $1,180 | Listed For Rent | Zillow Rental Manager |
| 02/24/2021 | ListingRemoved | N/A | |
| 05/16/2020 | $980 | ListingRemoved | N/A |
| 05/11/2020 | $980 | Listed For Rent | N/A |
| 05/19/2019 | $1,040 | ListingRemoved | N/A |
| 05/18/2019 | $1,040 | PriceChange | N/A |
| 05/02/2019 | $1,420 | Listed For Rent | N/A |
| 05/10/2018 | $1,370 | ListingRemoved | N/A |
| 05/09/2018 | $1,370 | Listed For Rent | N/A |
| 10/28/2017 | $995 | ListingRemoved | Agent Provided |
| 10/14/2017 | $995 | Listed For Rent | Agent Provided |
| 05/18/2017 | $995 | ListingRemoved | N/A |
| 04/30/2017 | $995 | PriceChange | N/A |
| 04/23/2017 | $970 | Listed For Rent | N/A |
| 05/10/2016 | $191,500 | Sold | N/A |
| 04/06/2016 | $191,900 | Pending | Agent Provided |
| 04/06/2016 | $191,900 | PriceChange | Agent Provided |
| 04/02/2016 | $169,000 | Listed For Sale | Agent Provided |
| 10/26/2007 | $1 | Sold | MiRealSource #12840 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 217 E Drayton St.
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.
LGBTQ Local Legal Protections
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.

