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 $1,785/mo*
$282,000
Last Sold: Sep 16, 2025
4% over list $270K
$189/sqft
Est. Refi. Payment $1,785/mo*
3 Beds
2 Baths
1,494 sqft
Local Information
-- mins to
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.
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
7 days ago
Home Details for 518 E Troy St
|
|---|
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 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 |
|
|---|
Cumulative Days on Market: 6 |
|
|---|
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 List Price: $270,000Price Per Sqft: $189/sqft |
Status Change & Dates Off Market Date: Tue Aug 26 2025Possession Timing: Subject To Tenant Rights |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: FerndaleCommunity: THE LITTLE FARMS |
School Information High School District: Ferndale |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 3484.8 sqft |
|
|---|
Special Conditions: Short Sale No, Standard |
|
|---|
Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
|
|---|
Rent Includes: Sewer, Trash Collection, Water |
|
|---|
BasementMls Number: 20251028932Above Grade Unfinished Area: 1494Activation Date: Sat Aug 23 2025Showing Requirements: AppointmentLockBox |
|
|---|
Source Internet Entire Listing Display |
Last check for updates: about 2 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
| Date | Price | Event | Source |
|---|---|---|---|
| 09/16/2025 | $282,000 | Sold | Realcomp II #20251028932 |
| 09/11/2025 | $270,000 | Pending | Realcomp II #20251028932 |
| 08/23/2025 | $270,000 | Listed For Sale | Realcomp II #20251028932 |
| 06/09/2023 | ListingRemoved | Realcomp II #20230015981 | |
| 06/08/2023 | $1,250 | Listed For Rent | Realcomp II #20230015981 |
| 06/07/2023 | ListingRemoved | Zillow Rentals | |
| 05/17/2023 | $1,250 | PriceChange | Realcomp II #20230015981 |
| 03/23/2023 | $1,350 | Listed For Rent | Realcomp II #20230015981 |
Market trends in Ferndale
Last updated May 2026
Avg. sale price
$261K
$6.19KMoM
Sale-to-List Price
99.9%
Price per sq ft
$201
$4MoM
Available listings
121
11MoM
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.Assigned Schools
These are the assigned schools for 518 E Troy 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
Apartments for Rent
Homes for sale near 518 E Troy St
Off Market Homes Near 518 E Troy St

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 2026-02-06 15:35:30 PST
Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702