317 E Maplehurst Street E Ferndale, MI 48220
MULTI_FAMILY - Colonial - Ferndale, MI
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 7:06 am
Property Features for 317 E Maplehurst Street E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
- Pets allowed
- Yes
- Interior features
- Circuit Breakers, Laundry Facility, Entrance Foyer
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 2527328053
- Size
- 1,929 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- T1N, R11E, SEC 27 WOODWARD HTS SUB NO 2 LOT 460, ALSO W 30 FT OF 1/2 OF VAC ALLEY ADJ TO SAME 3-4-05 CORR
- Tax Annual Amount
- 8101
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl
- Roof type
- Asphalt
- Architectural style
- Colonial
Listing agent Catharina van Acker de Koning (248) 590-0800
Listing office KW Domain 210 S Old Woodward Ave Suite 200, Birmingham, MI (248) 590-0800
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in Ferndale, Michigan, and is described as being convenient to downtown Ferndale, shopping, dining, parks, and major freeways. In addition to the driveway, there is a parking lot at the back of the home that is accessible through the alley.
Zoned for multi-family use, this is a practical renovation opportunity for buyers looking for a project and customizing the layout through the noted required work.
Key Highlights
- Investor opportunity: restore as a single‑family home or continue as a duplex.
- Built in 1916 with Colonial architectural style.
- Forced‑air heating with central air conditioning.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.2k | $19.80 |
| − Vacancy | −$1.7k | −$0.89 |
| EGI | $36.5k | $18.91 |
| − OpEx | −$10.9k | −$5.67 |
| NOI | $25.5k | $13.24 |
