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Price Drop: $6K (10/15)
Street View
$369,000
Monthly Est:$1,837
-- Bed
2 Baths2 full baths
2,000sqft
400 E Cambourne St, Ferndale, MI 48220
$369,000
$1,837/moEst:
Get Pre-Approved
Multi Family
Built in 1929
$-- HOA
0.09 acre lot
$184/sq.ft
Description
Fully occupied 2 unit investment property. Updated and income producing from day one!
This is the perfect opportunity to purchase a fully occupied large 2 unit investment property close to Downtown Ferndale! Historically keeps 100% occupancy due to the condition and proximity to downtown Ferndale for all the shops, restaurants, and nightlife!
Rents can be increased to market rates for an increase in income.
There is a common hallway and basement.
All utilities except water are separated out.
Property has been certified with Ferndale consistently as a rental.
Capital improvements made by current owner are:
Secure Garage to current codes (old grandfathered in large garage)
Installed central AC
Sewer lines upgraded to PVC
House hack and live in 1 unit renting the other to cover a majority of the mortgage.
Current taxes are non homestead.
Please note that this property has no driveway.
Do not approach property or disturb current tenants!!!
Listing agent is part of the ownership of listing.
- Houzeo last checked: 8 minutes ago
- Listing updated: October 22, 2026 at 9:32 pm
- Listing Provided by: Christopher Stearns (313) 887-4410 | CJR Realty (313) 213-3842
- Source: Realcomp MLS-MI | MLS#: 20261083917
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1929
HOA Fees
-
Finished Area
2,000 sqft
Lot Size
0.09 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261083917
MLS Status
Active
Days on Market
14
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 2
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1929
Home type
Multi Family
Foundation Details
Basement, Block
Architectural Style
Colonial, Tudor
Construction Materials
Brick, Stucco
Utilities & Energy
Basement
Common, Interior Entry, Private Storage Locker, Unfinished
Pool Features
None
Water Source
Public
Other Features
Subdivision Name
Astonsof Knowles Heights
Disclosures
Actual Income, Legal Rental Certified, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Price Decreased | $369,000 -1.60% $184/sqft |
10/15/2026 Source: | Listed for Sale | $375,000 $188/sqft |
Getting Around 400 E Cambourne St
Bike Score®
Very Bikeable
71/100
Walk Score®
Very Walkable
87/100
Data provided by Redfin
Nearby Homes
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 30, 2026, 02:15AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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