Three-Property Duplex
New
For Sale
$1,000,000
538 Laprairie St, Ferndale, MI 48220
Six residential units across adjoining lots feature private entrances, basements, separate laundry, and detached garages.
Property Size1,600 SF
Price / SF$625
Days on Market3
Property Features for 538 Laprairie St
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
6
Building Details
Year Built
1955
Buildings
3
Tenancy
Multi
Listing Agency:
RE/MAX First
Listed By:
Keith Weber · License #6501239845
(248) 561-2708
Source:
Premiermichiganhomesearch
Added: Sep 18
Last Checked: Sep 19 at 10:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX First
Investment Insights
Based on property information with market context.
This offering combines three duplexes on adjoining lots, providing six residential units in a single package. The center home is a Craftsman-style bungalow with a two-bedroom lower unit and a one-bedroom upper unit. Each unit has a private entrance, while the full basement provides separate laundry areas. The two neighboring duplexes were built from the same floor plan, with red-brick exteriors and garages featuring separate stalls.
The properties occupy three consecutive lots with approximately 254 feet of depth. Constructed between 1953 and 1955, the homes have a long-term rental history and have received ongoing maintenance and capital improvements. Updates include 5 furnaces, 6 air conditioners, 3 kitchens, 4 bathrooms, wood flooring in 3 units, windows throughout, appliances, and interior decor. The duplexes are being offered together as one package in Ferndale, Michigan.
The properties occupy three consecutive lots with approximately 254 feet of depth. Constructed between 1953 and 1955, the homes have a long-term rental history and have received ongoing maintenance and capital improvements. Updates include 5 furnaces, 6 air conditioners, 3 kitchens, 4 bathrooms, wood flooring in 3 units, windows throughout, appliances, and interior decor. The duplexes are being offered together as one package in Ferndale, Michigan.
Key Highlights
- Three duplexes offered together as a six‑unit package
- Three adjoining lots with approximately 254 feet of depth
- Center duplex includes two‑bedroom lower and one‑bedroom upper unit
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
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Business Placement
Demographics for 48220, MI
21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Six residential units across adjoining lots feature private entrances, basements, separate laundry, and detached garages.
Where is this duplex located?
The property is located at 538 Laprairie St Ferndale, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Three duplexes offered together as a six‑unit package; Three adjoining lots with approximately 254 feet of depth; Center duplex includes two‑bedroom lower and one‑bedroom upper unit
