487 W Troy St, Ferndale, MI 48220
SOLD
JAN 6, 2026

$349,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,000 sqft

487 W Troy St, Ferndale, MI 48220

Est. Refi. Payment $2,364/mo*
Refinance Your Home
Currently Off Market - Sold Jan 6, 2026 for $346,500

Home Value

Trulia Estimate
$350K
Since last month
Decreased$900 (-0.3%)
Since last year
Decreased$23K (-6.2%)
Since last sale
Increased$3K (+1%)
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 +66% in the last 10 years
MonthEstimated value
2026
September 2026$350K
August 2026$351K
July 2026$356K
June 2026$359K
May 2026$356K
April 2026$355K
March 2026$354K
February 2026$349K
January 2026$348K
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
421 W Troy Ave, Ferndale, MI
0.06
Apartment
$322,500
10/08/25
1
1
1,334
2417 Barrett Ave, Royal Oak, MI
1.89
Apartment
$200,000
06/11/26
2
1
894
1435 Chesapeake, Royal Oak, MI
1.21
Apartment
$2,200
11/18/25
2
2
975
20258 Schaefer Hwy, Detroit, MI
2.33
Apartment
$47,500
12/23/25
2
1
900
100 N Center St, Royal Oak, MI
2.13
Apartment
$437,500
08/04/26
2
2
2,878
17606 Roselawn St, Detroit, MI
2.63
Multi-Family Home
$113,000
11/05/25
2
1
1,300
15791 Cherrylawn St, Detroit, MI
3.64
Apartment
$75,000
02/26/26
1
1
1,792
14882 Petoskey Ave, Detroit, MI
4.10
Apartment
$125,000
06/30/26
3
1
1,250
15345 Appoline St, Detroit, MI
4.18
Apartment
$126,824
05/18/26
2
1
2,061
Home facts updated by county records

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
610 W Saratoga St, Ferndale, MI 48220
0.03
-
4
2.5
2,263
Off Market
566 W Saratoga St, Ferndale, MI 48220
0.03
-
3
1.5
1,575
Off Market
469 W Troy St, Ferndale, MI 48220
0.02
-
3
1
1,000
Off Market
523 W Troy St, Ferndale, MI 48220
0.04
$317,800
3
1.5
1,288
Off Market
631 Saratoga W, Ferndale, MI 48220
0.07
-
2
1.5
1,014
Off Market
561 W Saratoga St, Ferndale, MI 48220
0.06
$335,000
3
1
1,320
Recently Sold
459 W Troy St, Ferndale, MI 48220
0.03
-
3
1
1,464
Off Market
614 Albany St, Ferndale, MI 48220
0.08
$374,000
3
1.5
1,620
Off Market
641 W Saratoga St, Ferndale, MI 48220
0.08
-
3
1.5
1,755
Off Market
540 W Saratoga St, Ferndale, MI 48220
0.05
$396,500
3
3
2,029
Off Market
451 W Troy St, Ferndale, MI 48220
0.04
-
2
1
966
Off Market
476 W Troy St, Ferndale, MI 48220
0.03
-
3
1.5
1,200
Off Market

Local Information

  • Map ViewExplore the area around 487 W Troy St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Apartment
Built in 1929
1,000 sqft
$347/sqft
Garage

About this House

What's unique:Cedar closetNestled among the treetopsRemodeled bathroomLarge walkout deckHardwood floors
Beautiful, spacious DOWNTOWN FERNDALE, lower flat, includes all utilities. The location can't be beat!

This home was built in 1929, remodeled in 2005, with coved ceilings, wood floors, beautiful etched windows, fireplace, garden-window, and a CUSTOM BATHROOM TO DIE FOR! Fenced in backyard, and a large covered front porch.

Off-street parking (2 spaces for you, but could fit in another small car or two), with shared laundry in the basement. Storage is available in the basement as well.

Appliances: electric range, refrigerator, microwave, dishwasher, washer & dryer
Heating/Cooling: forced air / central air

Furnishings: Dining room table & chairs, 2 sofas, buffet table, side tables & lamps. Dressers for clothes. Just bring your beds!

This is a quiet street, with professional working neighbors and families with children. If you are looking for a beautiful home downtown, and can walk to all the attractions in Ferndale, then settle in at night to a quiet home; this place is for you.

Rent covers all expenses (heat, water, gas, electric, central heat and A/C), so your living expenses will be fixed! $75/month for a additional occupants. Shared laundry (free) in the basement, as well as shared storage space in the basement. $150 cleaning fee.

This is a rare find, most tenants stay for several years. The terms are monthly, which allows for flexibility of move-out date. A 60-day notice is required to move out for long-term tenants.

Payment terms are monthly or bi-monthly. Electronic payment or cash.

Medusy Properties, LLC is very selective in choosing tenants, using Zillow for background/credit checks. All occupants (4 maximum) and pets must be met & approved in person. Dogs are OK, but must be well trained and relatively quiet. Sorry, no cats, birds, exotics pets. Additional fees per pet will apply ($350, non-refundable).
487 W Troy St, Ferndale, MI 48220 is a 2 bedroom, 1 bathroom, 1,000 sqft apartment built in 1929. It last sold for $346,500 on Jan 6, 2026. More recently, it was listed as a rental in January 2026 with an asking price of $1,750 per month. That rental listing was removed on March 14, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $349,800, with a rent estimate of $2,687/month.

Home Details for 487 W Troy St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.7699999809265137Floors: Hardwood
Interior Details
Number of Rooms: 8
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Other
Parking & Garage
GarageParking: Off Street, Garage

Property Information

Year Built
Year Built: 1929
Property Type / Style
Property Type: ApartmentArchitecture: Other

Price & Status

Price
Price Per Sqft: $347/sqft

Community

Units in Building: 1

Lot Information

Lot Area: 5401 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Mar 14, 2026
Source: Zillow Rentals
ListingRemoved
$1,475
Mar 5, 2026
Source: Zillow Rentals
PriceChange
$1,475
Price decreased by 6%
Feb 18, 2026
Source: Zillow Rentals
PriceChange
$1,575
Price decreased by 10%
Jan 29, 2026
Source: Zillow Rentals
Listed For Rent
$1,750
Jan 6, 2026
Source: N/A
Sold
$346,500

Market trends in Ferndale

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$265K
$4KMoM
Sale-to-List Price
100.0%
Price per sq ft
$227
$9MoM
Available listings
140
10MoM

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
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  • Neeli
    "Friendly family community beautiful fun accepting. All houses and lawns are well maintained and neighbors know neighbors. "
    0
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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."
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  • Chris K.
    "nice diverse place with many social activities. safe feeling. friendly atmosphere. decent neighbors. great nightlife with walkable streets. "
    0
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  • 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
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  • Hal_justhal
    "Access to maintained sidewalks is good. Some neighbors use chemical insecticides on their yards which would be dangerous to dogs. "
    0
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  • Cass.varner
    "Very friendly, safe, and lots of other pet parents. Lots of families and fun things to do, even a dog park. "
    0
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  • 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
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  • 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
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  • 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
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LGBTQ Local Legal Protections

Frequently asked questions about 487 W Troy St

  • What is 487 W Troy St estimated to be worth?
    Trulia's estimated value for 487 W Troy St in Ferndale, MI is $349,800.
  • What is the price history for 487 W Troy St?
    487 W Troy St in Ferndale, MI last sold for $346,500 in January 2026.
  • 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 $265K. That is up $4K from the prior month.
  • Does 487 W Troy St have laundry facilities?
    Yes, 487 W Troy St in Ferndale, MI has laundry facilities.

Explore by feature - Pet Friendly

39 pet-friendly rentals in Ferndale, MI

Explore by feature - Garage

23 rentals with a garage in Ferndale, MI

Explore by feature - Air Conditioning

66 rentals with air conditioning in Ferndale, MI

Explore by feature - Washer/dryer

63 rentals with a washer/dryer in Ferndale, MI

Explore by feature - Outdoor Space

24 rentals with an outdoor space in Ferndale, MI

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