240 E Drayton St, Ferndale, MI 48220
OFF MARKET

$343,200

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,524 sqft

240 E Drayton St, Ferndale, MI 48220

Est. Refi. Payment $2,241/mo*
Refinance Your Home
Currently Off Market - Sold Aug 29, 2012 for $64,000

Home Value

Trulia Estimate
$343K
Since last month
Increased$14K (+4.2%)
Since last year
Increased$20K (+6.1%)
Since last sale
Increased$279K (+436.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$343K
July 2026$329K
June 2026$328K
May 2026$317K
April 2026$333K
March 2026$316K
February 2026$313K
January 2026$310K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
131 E Cambourne St, Ferndale, MI
0.21
Multi-Family Home
$330,000
06/30/26
2
2
1,708
223 E Oakridge St, Ferndale, MI
0.10
Multi-Family Home
$475,000
01/06/26
4
4
3,884
421 W Troy St, Ferndale, MI
0.51
Multi-Family Home
$322,500
09/30/25
3
2
1,484
392 E Cambourne St, Ferndale, MI
0.38
Multi-Family Home
$271,000
10/27/25
3
3
1,416
2932 Grayson St, Ferndale, MI
0.66
Multi-Family Home
$240,000
12/08/25
2
2
1,400
256 Withington St, Ferndale, MI
0.33
Multi-Family Home
$400,000
10/31/25
4
2
2,824
518 E Troy St, Ferndale, MI
0.67
Multi-Family Home
$282,000
09/16/25
3
2
1,494
1364 W Saratoga St, Ferndale, MI
0.86
Multi-Family Home
$280,000
11/05/25
4
2
1,479
212 Ardmore Dr, Ferndale, MI
0.66
Multi-Family Home
$310,000
07/14/26
2
3
1,389
240 E Marshall St, Ferndale, MI
0.96
Multi-Family Home
$408,200
12/19/25
4
2
1,802

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
265 E Drayton St, Ferndale, MI 48220
0.03
$302,600
3
1
1,295
Off Market
209 E Drayton St, Ferndale, MI 48220
0.05
$257,200
2
1
888
Off Market
234 E Drayton St, Ferndale, MI 48220
0.01
$296,400
3
1
1,360
Off Market
272 E Oakridge St, Ferndale, MI 48220
0.07
$359,100
3
2
1,675
Off Market
210 E Oakridge St, Ferndale, MI 48220
0.07
$407,900
3
1.5
1,423
Off Market
310 E Oakridge St, Ferndale, MI 48220
0.07
$370,000
3
2
1,236
Recently Sold
325 E Drayton St, Ferndale, MI 48220
0.07
$288,000
3
1
1,057
Off Market
235 E Oakridge St, Ferndale, MI 48220
0.10
$395,600
2
2
1,365
Off Market
223 E Oakridge St, Ferndale, MI 48220
0.10
$475,000
4
4
3,884
Recently Sold
209 E Woodland St, Ferndale, MI 48220
0.08
$372,100
3
1.5
1,808
Off Market
36 Woodward Heights Blvd, Pleasant Ridge, MI 48069
0.13
$550,000
4
2.5
2,236
Recently Sold
361 E Oakridge St, Ferndale, MI 48220
0.12
-
2
2
1,061
Off Market

Local Information

  • Map ViewExplore the area around 240 E Drayton St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1925
Living Area
1,524 sqft
Price/Sqft
$225
Parking
Garage

About this House

Two family home close to freeways and shopping. Two car garage in fenced yard. Built in gas grill. Living room has stunning floors, dark wood work with cove ceilings and great natural light. Cozy galley kitchen has wainscoting. Lots of storage in the retro bath with glass block windows. Good size bedrooms. Separate furnaces. Fannie Mae HomePath property sold as is. Owner occs must sign owner/occ cert. HomePath mortgage & renovation mortgage eligible.
240 E Drayton St, Ferndale, MI 48220 is a studio, 2 bathroom, 1,524 sqft multi-family built in 1925. It last sold for $64,000 on Aug 29, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $343,200, with a rent estimate of $1,682/month.

Home Details for 240 E Drayton St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.6699999570846558
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1925Year Updated: 2018
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Aug 29, 2012
Source: N/A
Sold
$64,000
Jul 26, 2012
Source: Agent Provided
Listed For Sale
$84,900
Jun 15, 2012
Source: Agent Provided
ListingRemoved
$84,900
Jun 2, 2012
Source: Agent Provided
Listed For Sale
$84,900
Dec 29, 2000
Source: N/A
Sold
$153,500

Market trends in Ferndale

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$261K
$6.35KMoM
Sale-to-List Price
100.0%
Price per sq ft
$218
$7MoM
Available listings
129
3MoM

Around this home

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."
    0
    Flag
  • Neeli
    "Friendly family community beautiful fun accepting. All houses and lawns are well maintained and neighbors know neighbors. "
    0
    Flag
  • 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!"
    0
    Flag
  • 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"
    0
    Flag
  • 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"
    0
    Flag
  • Carrieroeder
    "Great dog parks in the area and plenty of places to walk. Festivals downtown are also pet friendly. "
    0
    Flag
  • JL
    "Good restaurants and boutique shops, 5 mins from royal oak, very close to major highways, plenty of green space "
    0
    Flag
  • Marymcelmury
    "Ferndale is a great little city and always has something going on. great neighbors and wonderful High School."
    6
    Flag
  • Dd S.
    "Friendly, open-minded, walkable and dog friendly. Great parks, community center, amazing food and bike lanes."
    1
    Flag
  • 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."
    3
    Flag
  • 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. "
    1
    Flag
  • 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. "
    2
    Flag
  • Octavia D.
    "This is a wonderful place for families: safe, diverse, friendly neighborhood with an amazing community. "
    1
    Flag
  • 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! "
    1
    Flag
  • 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"
    3
    Flag
  • 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 ! "
    1
    Flag
  • 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. "
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    1
    Flag
  • Aren W.
    "I’ve lived here for the past decade. I love this town! Highly suggest buying or renting if you can. "
    0
    Flag
  • 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. "
    0
    Flag
  • Dcrosslin
    "DIY craft festival, Pig & Whiskey festival, Halloween events, Pride festival, Dreamcruise, winter ice sculptures"
    0
    Flag
  • Eric J.
    "festivals, everything is within walking distance, trendy restruants, great craft breweries, quirky shops, vibrant downtown, inclusive and accepting culture"
    0
    Flag
  • Jessica S.
    "lots of parks and dog-friendly places, the community is very dog-friendly, and generally neighbors are good stewards "
    0
    Flag
  • 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! "
    0
    Flag
  • 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 "
    0
    Flag
  • Tevonne M.
    "Safe Community, Very Walkable Get to know your neighbors! Sidewalks well maintained lots of parks to keep the kids off the streets."
    1
    Flag
  • Cass.varner
    "Safe environment, pet friendly, lots of recreational options. Lovely environment for all ages. Great for family"
    0
    Flag
  • Ferndale1
    "Generally open minded community. Younger couples that are friendly but give others space to live. Seeing growth as Ferndale business expand north"
    0
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  • Callie
    "The people are very friendly and come from many different backgrounds. It’s a very diverse and lively community with great culture."
    0
    Flag
  • Chris K.
    "nice diverse place with many social activities. safe feeling. friendly atmosphere. decent neighbors. great nightlife with walkable streets. "
    0
    Flag
  • 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"
    0
    Flag
  • Hal_justhal
    "Access to maintained sidewalks is good. Some neighbors use chemical insecticides on their yards which would be dangerous to dogs. "
    0
    Flag
  • Cass.varner
    "Very friendly, safe, and lots of other pet parents. Lots of families and fun things to do, even a dog park. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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!÷"
    0
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  • Nancywatsonbarr
    "Unpretentious with lots of character. Walkable to library, yoga, eateries and shopping. Easy commute to Detroit and otter "
    0
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 240 E Drayton St

  • What is 240 E Drayton St estimated to be worth?
    Trulia's estimated value for 240 E Drayton St in Ferndale, MI is $343,200.
  • What is the price history for 240 E Drayton St?
    240 E Drayton St in Ferndale, MI last sold for $64,000 in August 2012.
  • Is Ferndale a buyer's or seller's market?
    Ferndale is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ferndale?
    The median sale price in Ferndale is $261K. That is up $6.35K from the prior month.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

51 rentals with air conditioning in Ferndale, MI

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Explore by feature - Outdoor Space

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Off Market Homes Near 240 E Drayton St

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