Address
316 Spencer Street, Ferndale, MI
Price
$ 339,900
Property Attributes
  • MLS#61026404
  • TypeSingle Family
  • Listing Status Active
  • CountyOAKLAND
  • CityFerndale
  • AreaFerndale
  • NeighborhoodWoodward Homes
  • Zip48220
  • StyleBungalow
  • Year Built1924
  • Taxes$ 7224
  • Price$ 339,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1368
  • Lot Size0.15 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Charming Ferndale multi-family with tons of upside! The entry-level unit features hardwood flooring throughout, an updated kitchen with granite countertops and stainless-steel appliances, plus a welcoming front sitting porch. This level offers 2 bedrooms and 1 full bath. Upstairs, the second-story unit is a bright 1-bed, 1-bath layout with its own updated kitchen, stainless appliances, and matching new flooring throughout. Utilities are separately metered for each unit, making this an easy, low-hassle property to manage. Live in one unit and rent the other to offset your mortgage (house hacking at its finest) or add this turnkey duplex to your investment portfolio -- either way, this one works hard for you. Major systems have all been updated within the last 10 years, including the roof, electrical, plumbing, HVAC, gutters, and basement waterproofing, giving you real peace of mind from day one. Move-in ready and income-ready -- don't miss this Ferndale gem!

Price History
9/1/2026 Listed $339,900

General Features

Heating Forced Air
Cooling Ceiling Fan(s),Central A/C
Possession At Close
Water Public Water
Status Active
Full Baths 2
Bathrooms 2
Year Built 1924
Pets Allowed Yes
Subdivision Woodward Homes
Water Heater Gas
Style Bungalow
County Oakland
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Ferndale (63258)
Primary City Ferndale
Directions S Of 9 Mile,E Of Woodward
City Ferndale
School District Ferndale City School District
Lease Y/N No
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional,VA
Legal Description T1N,R11E,SEC 34 WOODWARD HOMES SUB LOT 49,ALSO 1/2 OF VAC ALLEY ADJ TO SAME
DOM 16
Postal Code 48220
Price Per Sq Ft Total AG 248.46
Public Remarks Charming Ferndale multi-family with tons of upside! The entry-level unit features hardwood flooring throughout,an updated kitchen with granite countertops and stainless-steel appliances

Interior Features

Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Bedroom 2 Width 10
Bedroom 3 Width 10
Bedroom 2 Length 11
Bedroom 3 Length 10
Beds 3
Fireplace? No
Total Rooms 5
Bedroom 1 Length 11
Bedroom 1 Width 11
Below Grade SqFt 899
Above Grade SqFt 1368
Basement Y/N Yes
Bedroom 2 Floor Covering Wood
Total SqFt Finished 1368
Bathroom 1 Length 6
Bathroom 1 Width 7
Bathroom 2 Length 6
Bathroom 2 Width 7

Exterior Features

Exterior Aluminum
Exterior Amenities Fenced Yard,Porch
Frontage 40
Lot Size Area 0.15
Pool (Y/N) No
Lot Dimensions 40X159
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48220

Price
AVG $290K
$340K
Taxes
AVG $5,080
$7,224
Year Built
AVG 1940
1924
Visits
AVG 97
11
Data Provided by Inside Real Estate®

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