Ferndale, MI
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    Ferndale, MI Apartment Buildings for Sale

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    Oak Park, MI Detroit, MI Royal Oak, MI
    Updated Multi-Unit Building with Garage
    $1,389,000
    7,120 SF
    Updated Multi-Unit Building with Garage

    624 Livernois St, Ferndale, MI 48220

    Well-maintained building featuring six units, parking, and garage.
    • $500,000 in recent updates to the building.
    • 20 parking spaces plus additional street parking.
    • Six units of varying sizes, offering
    Updated: Apr 24
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Construction Multifamily Investment Opportunity
    $1,750,000
    0.50 Acres
    New Construction Multifamily Investment Opportunity

    New construction 8-unit multifamily property in Southeast Oakland County.

    1241 E Woodward Heights Blvd, Hazel Park, MI 48030

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    Renovated Detroit Multifamily Near University
    $345,000
    Renovated Detroit Multifamily Near University

    Fully renovated and rented multifamily property near Detroit Mercy University.

    16917 MONICA St, Detroit, MI 48221

    View details
    Mixed-Use Building with Storefronts
    $300,000
    Mixed-Use Building with Storefronts

    Mixed-use building featuring storefronts and a renovated apartment.

    16666 James Couzens Fwy, Detroit, MI 48221

    View details
    Mixed-Use Redevelopment Opportunity
    $735,000
    20,000 SF
    Mixed-Use Redevelopment Opportunity

    Mixed-use redevelopment in Detroit's Live6 corridor, across from University.

    16921 Livernois, Detroit, MI 48221

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    Off-Market Properties in Ferndale, MI

    Consider similar Off-Market properties in Ferndale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    345 Marshall St
    Multifamily properties
    3,850 SF
    Value Estimation by Request

    345 Marshall St, Ferndale, MI 48220

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    695 Livernois St
    Multifamily properties
    3,986 SF

    695 Livernois St, Ferndale, MI 48220

    View details

    Ferndale, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 7,120 square feet of properties for sale, with an estimated market value of $1,389,000.

    Sale prices for two-family homes in Ferndale, MI start at $1,389,000, averaging $1,389,000, and reaching up to $1,389,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) -5.7%
    Median Household Income $86,095
    College Educated 72.2%

    High-Yield Neighborhoods for Investment

    Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48220 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 4.51%
    Property Tax per SF $25.33 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Ferndale fall within the 5,000 to 10,000 square foot range.

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