#20251007765, Keith Weber, Listing office: RE/MAX First
$275,000 List price
392 E Cambourne St Ferndale, MI 48220
3 full
1,416 sqft
0.2 acres
$194 / sqft
Multi-Family
Property details
About 392 E Cambourne St
Income generating Ferndale duplex within walking distance to downtown! This is a perfect opportunity to live in one unit while renting out the other, or lease out both units for maximum income generating potential. Currently rental certified through the city until 7/3/26. Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently vacant, but was recently rented out at $1,100/month. Lower unit has had the same tenant for around 30 years, currently paying $1600/month plus $25/month for cat rent with existing lease in place until March 2027, with rent increase built in to current agreement to $1650/month plus cat fee in March 2026. Lower unit has full access to the backyard, driveway, basement, and garage.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size1,416 sqft
BasementYes
Lot size0.18 Acres
Year built1937
ParkingGarage
MLS #20251018932
Summary
- Full Bathrooms: 3
- Basement: Yes
- Attached Garage: No
- Parking: Garage
- Architectural Style: Bungalow, Duplex
- Heating: Forced Air, Natural Gas
- Cooling: Window Unit(s)
- List Price: $275,000
- Price/SqFt: $194
- Annual Tax Amount: $7,277
- Tax Year: 2024
- Directions: North of 9 Mile Rd, east of Woodward
- Year Built: 1937
- Living Area: 1,416 SqFt
- Lot Size: 0.18 Acres
- MLS Number: 20251018932
- MLS Name: Realcomp II Ltd
- Office Name: Brookstone, Realtors LLC
- Office Phone: (248) 963-0505
- Listing Agent: Katie Nanney
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 3:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 14, 2022 | Home Sold | $225,000 |
| Dec 10, 2007 | Home Sold | $55,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $143,970 | $7,277 |
| 2023 | $138,770 | $4,336 |
| 2022 | $131,980 | $4,350 |
| 2021 | $121,240 | $4,336 |
| 2020 | $103,820 | $4,181 |
| 2018 | $81,560 | $4,169 |
| 2017 | $81,240 | $4,108 |
History based on county public records data.
Nearby schools
6
Oakland Elementary School
Public District KG-5
1.5 mi
•2415 Brockton Ave
3
John F. Kennedy Elementary School
Public Magnet 3-5
1.6 mi
•24220 Rosewood St
2
Pasteur Elementary School
Public District PK-6
1.8 mi
•19811 Stoepel St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,496. The most common annual income of people living in Ferndale, MI is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
52%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
45%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Music Concerts
Where do the neighbors shop?
Crate & Barrel
IKEA
H&M
Where do the neighbors go to eat?
Starbucks
Quiznos
Chipotle
What do the neighbors drive?
BMW
Lexus
Volkswagen
What do the neighbors listen to?
News
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 392 E Cambourne St
The listing price of 392 E Cambourne St property is $275,000.
The property 392 E Cambourne St is a multi located in Ferndale, Michigan, 48220.
Active Listing: 392 E Cambourne St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 392 E Cambourne St are: Oakland Elementary School (GreatSchools Rating 6/10), John F. Kennedy Elementary School (GreatSchools Rating 3/10), Pasteur Elementary School (GreatSchools Rating 2/10), Ferndale Middle School (GreatSchools Rating 2/10), Hazel Park Junior High School (GreatSchools Rating 1/10), Wilkinson Middle School (GreatSchools Rating 2/10), University High School (GreatSchools Rating 4/10), Webb Elementary School (GreatSchools Rating 2/10), Invest Roosevelt Alternative High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $7,277 (source: MLS/based on county public records data).
The last sale was on September 14, 2022 for $225,000 (source: MLS/tax record).
The property 392 E Cambourne St is 1,416 SqFt (source: MLS/tax record).
The year of construction for 392 E Cambourne St is 1937.
This home is located at 392 E Cambourne St in Ferndale, MI and zip code 48220. This 1,416 square foot home, which was built in 1937, sits on a 0.18 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $275,000.
In June 2025, from all listings sold in Ferndale, MI there were more than 16 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price. Between May and June 2025, Ferndale, MI real estate market has seen increase in the number of listings by 27.4%. In June 2025, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $258,750.
From Rocket Homes Real Estate and based on county public records data.