518 E  Troy St, Ferndale, MI 48220
SOLD
SEP 16, 2025

518 E Troy St
Ferndale, MI 48220

  • 3 Beds
  • 2 Baths
  • 1,494 sqft

$282,000

Last Sold: Sep 16, 2025
4% over list $270K
$189/sqft
Est. Refi. Payment $1,798/mo*

$282,000

Last Sold: Sep 16, 2025
4% over list $270K
$189/sqft
Est. Refi. Payment $1,798/mo*
3 Beds
2 Baths
1,494 sqft

Local Information

  • Map ViewExplore the area around 518 E Troy St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Turn-key and low-maintenance, this beautifully updated Ferndale duplex is just steps from Nine Mile in the heart of downtown. Completely redone from the studs in 2015, the property has been well maintained and offers both charm and functionality. A covered front porch adds curb appeal, while inside you’ll find two distinct units: the lower level features two bedrooms with a dedicated dining room, and the upper unit includes a large, comfortable living room and one bedroom. Both units are occupied by long-term tenants with leases secured through March & June. The shared basement offers laundry, storage, and has been professionally waterproofed with a transferable 20-year warranty. Outside you’ll find ample parking and a fenced yard. Rental certified and nothing left to do, this is an excellent opportunity for a first-time investor or a seasoned buyer looking to add a dependable property to their portfolio.

24 hour notice required to show. Showings will be Saturday & Sunday, August 23rd & 24th.
518 E Troy St, Ferndale, MI 48220 is a 3 bedroom, 2 bathroom, 1,494 sqft multi-family built in 1949. It last sold for $282,000 on Sep 16, 2025 (4% above the $270,000 asking price). More recently, it was listed as a rental in June 2023 with an asking price of $1,250 per month. That rental listing was removed on June 9, 2023. It is currently off market. The Trulia Estimate is $290,200, with a rent estimate of $1,755/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$189/sqft
Listed
9 days ago

Home Details for 518 E Troy St

Interior Features

Interior Details
Basement: Common,Full,Unfinished
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1494 Square Feet
Appliances & Utilities
Utilities: Cable AvailableLaundry: Common Area
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Covered, PorchFencing: Back Yard, FencedExterior: Private EntranceFoundation: Basement, Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: On Street,Parking Pad,Paved,Shared Driveway
Pool
Pool: None
Frontage
Road Frontage: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1494 Square Feet

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Bungalow,Craftsman
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 2534228003

Price & Status

Price
List Price: $270,000Price Per Sqft: $189/sqft
Status Change & Dates
Off Market Date: Tue Aug 26 2025Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: FerndaleCommunity: THE LITTLE FARMS
School Information
High School District: Ferndale

Community

Not Senior Community

Lot Information

Lot Area: 3484.8 sqft

Listing Info

Special Conditions: Short Sale No, Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: Sewer, Trash Collection, Water

Miscellaneous

BasementMls Number: 20251028932Above Grade Unfinished Area: 1494Activation Date: Sat Aug 23 2025Showing Requirements: AppointmentLockBox

Additional Information

Source Internet Entire Listing Display
Last check for updates: about 4 hours ago
Listed by Jessica Juel, (248) 878-1961
Arterra Luxe Collection LLC
Bought with: Shawna Cascaden, (248) 724-1234, GoodHome Realty LLC
Source: Realcomp II, MLS#20251028932

Price History for 518 E Troy St

DatePriceEventSource
09/16/2025$282,000Sold
Realcomp II #20251028932
09/11/2025$270,000PendingRealcomp II #20251028932
08/23/2025$270,000Listed For SaleRealcomp II #20251028932
06/09/2023ListingRemovedRealcomp II #20230015981
06/08/2023$1,250Listed For RentRealcomp II #20230015981
06/07/2023ListingRemovedZillow Rentals
05/17/2023$1,250PriceChange
Realcomp II #20230015981
03/23/2023$1,350Listed For RentRealcomp II #20230015981

Market trends in Ferndale

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$261K
$6.19K
MoM
Sale-to-List Price
99.9%
Price per sq ft
$201
$4
MoM
Available listings
121
11
MoM
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 518 E Troy St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Multi-Family Home
$325,000
05/18/26
3
2
1,412
0.30
Multi-Family Home
$271,000
10/27/25
3
3
1,416
0.39
Multi-Family Home
$408,200
12/19/25
4
2
1,802
0.62
Multi-Family Home
$322,500
09/30/25
3
2
1,484
0.70
Multi-Family Home
$280,000
01/14/26
3
2
1,452
0.53
Multi-Family Home
$299,900
11/17/25
4
2.5
1,996
0.57
Multi-Family Home
$308,000
03/06/26
4
2
2,015
0.49
Multi-Family Home
$330,000
06/30/26
2
2
1,708
0.80
Multi-Family Home
$260,000
08/06/25
3
2
1,180

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 518 E Troy 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.

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 518 E Troy St

Skip to last item
Skip to first item

Off Market Homes Near 518 E Troy St

Skip to last item
Skip to first item
IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2026 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated as recently as 2026-07-09 19:48:10 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702