About This Home

This 5-bedroom, 4-bathroom residential multi family at 255 E Ferry Street in Detroit, MI is listed for $449,000 ($116 per sqft). Built in 1890, the home offers 3,876 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1890
  • 0.26 acre lot
  • 3 stories

Property Details

3 stories
3 full, 2 half
1890
Listing Description

Offering 6,072 total square feet including the basement and loft, 255 E. Ferry Street presents a unique opportunity to restore a historic property while exploring its potential for multiple living spaces. The home sits on a deep 0.26-acre lot with a private driveway, generous yard and space for a potential carriage house that could provide an opportunity for an additional unit, subject to applicable approvals.

The existing basement features a private exterior entrance, creating the potential to build it out as a separate residential unit or additional living space. Combined with the possibility of a future carriage house, the property offers flexibility for an owner looking to explore a multi-unit configuration as part of the larger restoration.

Much of the groundwork for the property's next chapter is already complete. Architectural, construction and landscape plans have been approved by the Historic District Commission (HDC) and are ready to move forward to city permitting, giving the next owner a significant head start on the restoration process.

Located in Detroit's Art Center Historic District near the Detroit Institute of Arts, College for Creative Studies, QLINE and other cultural destinations, 255 E. Ferry offers the opportunity to restore a piece of Detroit history while considering a range of future uses.

Architectural and exterior landscape plans can be provided upon request with an accepted offer. The property currently has no power, so showings are limited to daylight hours. A disclosure for entry must be signed prior to entering the property. Floor plans are available in the downloadable documents.

Monthly Cost Estimate

$2,401/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

255 E Ferry Street

Detroit, MI 48202

D M Ferrys Sub Of Park Lt 41Plats

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 255 E Ferry Street is listed at $449,000 ($116/sqft). The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.26 acre lot, 3 stories.

This property is listed by Elizabeth D Tintinalli.

ET

Elizabeth D Tintinalli

Agent at @properties Detroit

Listed by @properties Detroit · Broker phone: (313) 230-0510 · View on Broker Site · Broker website

MLS# 20261084756· Source: Realcomp Limited II· 9 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

255 E Ferry Street, Detroit, MI 48202

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