Movoto Real Estate
Sold on 12/19/2025
  • Map Image
  • Map Image
  • Map Image

240 E Marshall St, Ferndale, MI 48220

$408,200

Last sold 12/19/2025 after 43 Days

  • 4

    bed

  • 2

    bath

  • 1,802

    Sqft ($227/Sqft)

Multi-family not for sale

About 240 E Marshall St

Property type Multi-family
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 5,227 Sqft
Rental estimate
Property description
Classic Brick Ferndale Duplex – Updated & Full of Charm! Fantastic Ferndale location just steps from Woodward! This classic brick duplex is loaded with character—featuring beautiful hardwood floors, leaded glass windows, and timeless architectural details throughout. Both units offer 901 sq. ft. with 2 bedrooms, 1 bath, a spacious living room, dining room, and kitchen. The owner has thoughtfully updated both kitchens with new cabinetry, countertops, flooring, and appliances. The first-floor bath is completely new as well! Each unit enjoys its own side of the basement with separate laundry (new washers & dryers included), individual high-efficiency furnaces, water heaters, and separate electric and gas meters. Recent updates also include brand new garage doors. The upper unit is currently rented—providing instant income—with a lease in place through January 2026. The lower unit is move-in ready for an owner-occupant or new tenant. The upper unit features a nice sized balcony and the lower unit has a deck to enjoy the back yard. Upper unit lease is $1800. Lower unit has gone for $1900. Landlord pays water. Owner is a licensed Michigan real estate agent. Please do not disturb upstairs tenant without a confirmed showing of their unit, which requires 24 hour notice and is through listing agent only (cannot be scheduled through showing time). Lower unit is vacant and can be showed any time. Sale includes 240 and 244 E. Marshall. Each unit has it's own mailing address. Perfect opportunity to live in one of Metro Detroit’s most sought-after communities and let your tenant help pay the mortgage! Start building equity now. **Don't miss the 3d Tour**
Listed by
Listing Agent - Maureen Francis
Listing Agent Contact: 2488508632
Listing Office - @properties Christie's Int'l R.E. Birmingham
Source: Realcomp mls logo
MLS#20251031942 • last updated 9 months ago
Movoto checked Realcomp for data 2 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating NaturalGas, SeparateMeters
Levels/Style Two, Duplex
Status Closed
SubType Multi Family
Living Area 1802
MLS # 20251031942
Lot Size (Acres) 0.12
Property Tax 10017
Interior
Total # of Bathrooms 2
# of Full Baths 2
Laundry Other
Accessibility Features Accessible Common Area
Exterior
Construction Brick
Foundation Basement, Block
Roof Asphalt
Parking Garage
Exterior Features Balcony, Lighting
Patio/Porch Porch
Amenities / Utilities
Pool None
Location
Subdivision WOODWARD FARMS ADD
High School District Ferndale
APN 2534279008
Directions South Of 9 Mile East Of Woodward
Zoning Multi-Family
Multifamily Details
Rent Includes Sewer, TrashCollection, Water
# Units Leased 1
Gross Scheduled Income 44000
Operating Expense 14000
Net Operating Income 30000
Monthly Rental Income 3700
Lot/ Land Details
Road Frontage Paved
We are not permitted to show value estimates for this property.
  • Dec 2025
    Public Records
  • Dec 29, 2025 Sold
    $394,900 (-3.3%)
  • Dec 2025
    mls logo MLS # 20251031942
  • Dec 19, 2025 Sold
    $408,200 (-2.8%)
  • Dec 4, 2025 Active
    —
  • Nov 6, 2025 Listed
    $420,000 (+23.5%)
  • Nov 2025
    mls logo MLS # 60951248
  • Nov 6, 2025 Listed
    $420,000
  • Sep 2023
    Public Records
  • Sep 11, 2023 Sold
    $340,000
  • Sep 2023
    mls logo MLS # 20230069897
  • Sep 1, 2023 Sold
    $340,000 (+17.4%)
  • Aug 24, 2023 Pending
    —
  • Aug 18, 2023 Listed
    $289,500 (+25.9%)
  • Aug 2023
    mls logo MLS # 60247938
  • Aug 18, 2023 Listed
    $289,500
  • Sep 2017
    Public Records
  • Sep 13, 2017 Sold
    $230,000 (-8.0%)
  • Jun 2017
    mls logo MLS # 21313621
  • Jun 26, 2017 Listed
    $249,900
  • Year Property taxes Tax assessment
  • 2024
    $10,017 +73.9%
    $158,260 +11.98%
  • 2023
    $5,762 +3.5%
    $141,330 +15.23%
  • 2022
    $5,568 +0.3%
    $122,650 -4.4%
  • 2021
    $5,549 +1.9%
    $128,290 +14.99%
  • 2020
    $5,446 +1.8%
    $111,570 +27.8%
  • 2019
    $5,352
    $87,300
  • 240 E Marshall St
    $408K
  • Ferndale
    $265K +1% y/y
  • 48220
    $260K +8% y/y
  • Ferndale
    $260K +4% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
N/A
3/10
2/10
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Ferndale

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Ferndale, MI

Nearby homes for sale in Ferndale, MI

Newest listings in 48220

  • Real Estate
  • MI
  • Oakland County
  • Ferndale
  • 48220
  • 240 E Marshall St
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by Realcomp MLS . IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this website comes in part from the IDX program of Realcomp II LTD. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing brokers. 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.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.