$287,200
- 3 Beds
- 2 Baths
- 1,494 sqft
518 E Troy St, Ferndale, MI 48220
Est. Refi. Payment $1,928/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 16, 2025 for $282,000
Home Value
Trulia Estimate
$287KSince last month
Decreased$5K (-1.8%)Since last year
Increased$15K (+5.7%)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 +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $285K |
| August 2026 | $287K |
| July 2026 | $290K |
| June 2026 | $290K |
| May 2026 | $288K |
| April 2026 | $288K |
| March 2026 | $291K |
| February 2026 | $286K |
| January 2026 | $285K |
2025 | |
2024 | |
2023 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $310,000 | 07/14/26 | 2 | 3 | 1,389 | |
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 | |
0.49 | Multi-Family Home | $249,000 | 08/03/26 | 2 | 2 | 1,600 | |
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 |
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 |
|---|---|---|---|---|---|---|
0.04 | $1,219,800 | 6 | 8 | 9,194 | Off Market | |
0.02 | - | 3 | 1 | 1,100 | Off Market | |
0.04 | $349,000 | 4 | 1.5 | 1,373 | For Sale | |
0.01 | $338,500 | 3 | 2 | 1,221 | Recently Sold | |
0.03 | $207,550 | 3 | 1 | 943 | Recently Sold | |
0.05 | $245,500 | 3 | 1 | 1,126 | Off Market | |
0.08 | $258,800 | 2 | 2 | 996 | Off Market | |
0.04 | $407,900 | 5 | 2.5 | 2,454 | Off Market | |
0.10 | - | 3 | 1 | 1,000 | Off Market | |
0.09 | - | 3 | 1 | 934 | Off Market | |
0.06 | $396,500 | 3 | 2.5 | 1,282 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1949
1,494 sqft
$192/sqft
About this House
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $287,200, with a rent estimate of $1,947/month.
Last check for updates: about 11 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

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: $270,000 |
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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 16, 2025 Source: Realcomp II #20251028932 | Sold | $282,000 |
Sep 11, 2025 Source: Realcomp II #20251028932 | Pending | $270,000 |
Aug 23, 2025 Source: Realcomp II #20251028932 | Listed For Sale | $270,000 |
Jun 9, 2023 Source: Realcomp II #20230015981 | ListingRemoved | |
Jun 8, 2023 Source: Realcomp II #20230015981 | Listed For Rent | $1,250 |
Jun 7, 2023 Source: Zillow Rentals | ListingRemoved | |
May 17, 2023 Source: Realcomp II #20230015981 | PriceChange | $1,250 Price decreased by 7% |
Mar 23, 2023 Source: Realcomp II #20230015981 | Listed For Rent | $1,350 |
Market trends in Ferndale
Last updated August 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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 2026-09-16 23:56:27 PDT
Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
Frequently asked questions about 518 E Troy St
- What is 518 E Troy St estimated to be worth?Trulia's estimated value for 518 E Troy St in Ferndale, MI is $287,200.
- What is the price history for 518 E Troy St?518 E Troy St in Ferndale, MI last sold for $282,000 in September 2025.
- 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 518 E Troy St have laundry facilities?Yes, 518 E Troy St in Ferndale, MI has laundry facilities.
- Does 518 E Troy St have parking?Yes, 518 E Troy St in Ferndale, MI has on-site parking.