131 E Cambourne St Ferndale, MI 48220
Estimated payment $2,323/month
About This Home
Open house! Saturday, May 30th from 12pm-2pm.
Incredible Income Property in the Heart of Ferndale! Welcome to this turn-key multi-family gem located on highly desirable E Cambourne! Perfect for an investor looking to add a high-performing asset to their portfolio, or an owner-occupant wanting to house-hack and have their mortgage paid by a tenant. This beautifully maintained property features two completely designated income units with independent setups: Lower Unit: Spaciously laid out with 3 bedrooms and 1 bathroom, boasting original Ferndale charm, beautiful trim work, and a warm, inviting atmosphere. Upper Unit: A bright and airy 2 bedrooms and 1 bathroom setup, perfect for tenants looking for a cozy, private space. Major High-Ticket Upgrades Completed! The seller has taken care of the big-budget items, so you don’t have to. Peace of mind updates include New HVAC & Air Conditioning Units for optimal efficiency and comfort. Completely Replaced Deck & Stairway leading to the upper unit, built with premium, maintenance-free Trex decking. Separate Laundry Facilities for each individual unit—a massive perk that tenants love and will command top rental dollar. Located just minutes from downtown Ferndale’s vibrant dining, shopping, and nightlife, with easy access to I-75 and M-102. Schedule your showing today and seize this rare multi-family opportunity!
Open House Schedule
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Saturday, May 30, 202612:00 to 2:00 pm5/30/2026 12:00:00 PM +00:005/30/2026 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1922
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60x140.5
Home Design
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 1,708 Sq Ft Home
- Crawl Space
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 2527379027
Community Details
Overview
- 2 Units
- Woodward Heights Ferndale Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,027 | $192,040 | $0 | $0 |
| 2024 | $4,882 | $179,940 | $0 | $0 |
| 2023 | $4,710 | $174,470 | $0 | $0 |
| 2022 | $4,665 | $167,630 | $0 | $0 |
| 2021 | $4,649 | $157,860 | $0 | $0 |
| 2020 | $4,453 | $141,070 | $0 | $0 |
| 2019 | $4,485 | $126,690 | $0 | $0 |
| 2018 | $4,471 | $109,560 | $0 | $0 |
| 2017 | $4,406 | $109,850 | $0 | $0 |
| 2016 | $4,358 | $102,520 | $0 | $0 |
| 2015 | -- | $95,880 | $0 | $0 |
| 2014 | -- | $86,380 | $0 | $0 |
| 2011 | -- | $71,060 | $0 | $0 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Realcomp
MLS Number: 20261036260
APN: 25-27-379-027
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.