#20251018932, Katie Nanney, Listing office: Brookstone, Realtors LLC
421 W Troy St Ferndale, MI 48220
Property details
About 421 W Troy St
Welcome to one of the best blocks in Ferndale—where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $1,100 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Interior: High Speed Internet
- Attached Garage: No
- Parking: Garage, Street Parking, Parking Pad
- Exterior: Lighting
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $359,000
- Price/SqFt: $241
- Annual Tax Amount: $4,209
- Tax Year: 2024
- Directions: S of 9 Mile | W of Woodward
- Year Built: 1924
- Living Area: 1,484 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 20251020081
- MLS Name: Realcomp II Ltd
- Office Name: Real Broker Berkley, Real Broker Birmingham
- Listing Agent: Nancy R Robinson, Caren M Goldstone
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Last updated on: 8/4/2025, 11:45:36 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 |
---|---|---|
Aug 22, 2024 | Home Sold | $330,000 |
Jan 31, 2011 | Home Sold | $35,000 |
Oct 12, 2006 | Home Sold | $100,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $128,980 | $4,209 |
2023 | $119,190 | $4,055 |
2022 | $108,110 | $4,068 |
2021 | $96,800 | $4,055 |
2020 | $90,970 | $3,911 |
2018 | $71,260 | $3,900 |
2017 | $69,530 | $3,843 |
History based on county public records data.
Nearby schools
3
John F. Kennedy Elementary School
Public Magnet 3-5
1.4 mi
•24220 Rosewood St
2
Pasteur Elementary School
Public District PK-6
1.5 mi
•19811 Stoepel St
1
Key Elementary School
Public District PK-5
1.9 mi
•23400 Jerome 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 $67,727. Most Ferndale, MI residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 421 W Troy St
The listing price of 421 W Troy St property is $359,000.
The property 421 W Troy St is a multi located in Ferndale, Michigan, 48220.
Active Listing: 421 W Troy St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 421 W Troy St are: John F. Kennedy Elementary School (GreatSchools Rating 3/10), Pasteur Elementary School (GreatSchools Rating 2/10), Key Elementary School (GreatSchools Rating 1/10), Ferndale Middle School (GreatSchools Rating 2/10), Oak Park Preparatory Academy (GreatSchools Rating 1/10), Bates Academy (GreatSchools Rating 9/10), University High School (GreatSchools Rating 4/10), Ferndale High School (GreatSchools Rating 5/10), Tri County Educational Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $4,209 (source: MLS/based on county public records data).
The last sale was on August 22, 2024 for $330,000 (source: MLS/tax record).
The property 421 W Troy St is 1,484 SqFt (source: MLS/tax record).
The year of construction for 421 W Troy St is 1924.
This home is located at 421 W Troy St in Ferndale, MI and zip code 48220. This 1,484 square foot home, which was built in 1924, sits on a 0.12 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $359,000.
Over 7 listings were sold over their listed price in July 2025 in Ferndale, MI. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Ferndale, MI increased by 48.2% between June and July 2025. Listings spent 16 days on the market in July 2025, and had a median list price of $250,000 during the same period.