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429 E Ferry St #8, Detroit, MI, 48202

4beds
2baths
2,800sqft
$430,000
$154price/sqft
$3,927/moest. monthly cost
$157,080/yrincome needed

About This Home

This spacious, thoughtfully configured, ground-level 4-bedroom, 2-full-bath condo features a dedicated office, two separate living spaces, and more storage than you will know what to do with. Both living areas are anchored by gas fireplaces, creating warmth and atmosphere that is rare at any price point. The kitchen opens directly to a generous private outdoor patio, an ideal extension of your living and entertaining space that lets the outside in without sacrificing privacy. Built in 1906 and located in the protected East Ferry Avenue Historic District (which extends from Woodward all the way east to Beaubien Street), this condo was comprehensively renovated in 2006, blending the irreplaceable character of its origins with modern comfort and function. It has been meticulously maintained and thoughtfully updated. In 2023 the sellers replaced the gas range, microwave, refrigerator, washing machine, and dryer. A security system was added in 2024. In 2026 the kitchen received a full refresh with new flooring, countertops, backsplash, dishwasher, and updated curtains and blinds throughout. All appliances stay, making this a true turnkey opportunity from day one. A deep one car garage with a private driveway provides covered parking plus extra storage space. Free street parking out front on historic Ferry Street means your guests are always covered too. The condo association genuinely adds value to daily life. Green space is part of the community as are extra guest parking, plowing, lawn mowing, and grounds maintenance. This home is also eligible for Detroit's NEZ-H property tax abatement program which essentially reduces both the City of Detroit and the Wayne County Operating Millage by 50 percent. Enjoy city living without the grind of constant maintenance, in a building that has already proven it was built to last. Imagine paying New York or Chicago prices to live nine minutes from the Met or the Art Institute. At 429 East Ferry Street you are nine minutes pedestrian distance from the Detroit Institute of Arts, one of the most significant art museums in the entire world and home to a Diego Rivera mural that people fly across continents to see. In any other major American city, an address with this much history, this much accessibility, and this much cultural proximity would carry a price tag that puts it permanently out of reach for most people. Wayne State University is thirteen minutes pedestrian distance, Comerica Park is just 1.8 miles away, and the broader Midtown corridor puts world class dining, galleries, music venues, and green space within easy reach. The QLine stop is just two blocks away and rides downtown are free, connecting you effortlessly to the full length of Woodward Avenue and everything along it. If you recognize what this address is worth, you already know this is the one. Schedule a showing appointment today!

Getting Around

81
WalkingVery Walkable
56
TransitGood Transit
80
BikeVery Bikeable

Schools

5/10
3/10
Southeastern High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1906

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Stone

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Humidifier,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Gas Dryer Hookup,Laundry Room,Lower Level

Basement

  • Basement: Slab

Bathroom1

  • Level: Main
  • Area: 45
  • Dimensions: 9.00 x 5.00

Bathroom2

  • Level: Lower
  • Area: 40
  • Dimensions: 8.00 x 5.00

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 13.00 x 12.00

Bedroom3

  • Level: Main
  • Area: 72
  • Dimensions: 9.00 x 8.00

Bedroom4

  • Level: Lower
  • Area: 156
  • Dimensions: 12.00 x 13.00

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Dining Area

  • Level: Main
  • Area: 130
  • Dimensions: 13.00 x 10.00

Family Room

  • Level: Lower
  • Area: 486
  • Dimensions: 27.00 x 18.00

Features

  • Ceiling Fan(s),Eat-in Kitchen,Pantry
  • Window features: Bay/Bow
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,800
  • Total interior livable area: 2,800 sqft

Kitchen

  • Level: Lower
  • Area: 247
  • Dimensions: 19.00 x 13.00

Laundry

  • Level: Lower
  • Area: 108
  • Dimensions: 12.00 x 9.00

Living Room

  • Level: Main
  • Area: 414
  • Dimensions: 23.00 x 18.00

Master Bedroom

  • Level: Main
  • Area: 208
  • Dimensions: 16.00 x 13.00

Office

  • Level: Lower
  • Area: 156
  • Dimensions: 13.00 x 12.00

Other

  • Level: Lower
  • Area: 63
  • Dimensions: 9.00 x 7.00

Property

Details

  • Parcel number: 01001516.002

Features

  • Stories: 2
  • Fencing: Wrought Iron

Lot

  • Lot size: 1,306 sqft
  • Features: Sidewalk

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Rear,Detached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,174$26,088
Home Insurance *$922$11,064
Property Taxes $526$6,312
Electricity $305$3,664
Total$3,927$47,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,640/yr
40% on housing$117,810/yr
45% on housing$104,720/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 48202$125
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48202$92
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$410,000
2026-06-11Listed for sale$430,000
2023-03-02Sold$330,000
2023-02-04Pending sale$350,000
2023-01-25Listed for sale$350,000
2023-01-23Pending sale$350,000
2022-12-29Price change$350,000
2022-11-10Price change$375,000
2022-10-21Price change$389,900
2022-10-03Price change$399,900
2022-09-28Listed for sale$449,900

For Sale by Agent

AgentAutumn Hicks
BrokerageKW Advantage

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