Three-Property Duplex
New
For Sale
$1,000,000
552 Laprairie St, Ferndale, MI 48220
Three adjacent income properties feature private entrances, full basements, separate laundry, and detached garages with individual stalls.
Property Size1,612 SF
Days on Market3
Property Features for 552 Laprairie St
General Information
Standard status
Active
Size
1,612 SF
Property subtype
Investment
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$5,202
Building Details
Building Size
1,612 SF
Year Built
1953
Buildings
3
Units
2
Listed By:
Keith Weber · License #6501239845
(248) 435-1100
Source:
Elliman
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 2:00AM
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 Keith Weber
Investment Insights
Based on property information with market context.
This multifamily offering includes three 2-family homes on three built lots arranged in a row along Laprairie St. The central craftsman-style bungalow has two bedrooms in the first-floor unit and a one-bedroom upper unit, while all three properties share the same floorplan. Each home includes a full basement, separate laundry for each unit, private above-grade entrances and exits, and brick exteriors on the two later-built homes. Garages provide separate stalls for the properties.
The package has been maintained across three generations of ownership and includes long-term rental history. Reported improvements include 5 newer furnaces, 6 air conditioners, 3 updated kitchens, 4 updated bathrooms, wood floors in 3 homes, windows throughout, appliances, and decor. The three properties are offered together. Prior to an accepted offer, access is limited to the lower unit and basement at 552 Laprairie St.
The package has been maintained across three generations of ownership and includes long-term rental history. Reported improvements include 5 newer furnaces, 6 air conditioners, 3 updated kitchens, 4 updated bathrooms, wood floors in 3 homes, windows throughout, appliances, and decor. The three properties are offered together. Prior to an accepted offer, access is limited to the lower unit and basement at 552 Laprairie St.
Key Highlights
- Three 2‑family homes offered together on 3 built lots in a row
- Combined land package features extraordinary depth of 254 feet
- Full basements with separate laundry serving each unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Three adjacent income properties feature private entrances, full basements, separate laundry, and detached garages with individual stalls.
Where is this duplex located?
The property is located at 552 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 2‑family homes offered together on 3 built lots in a row; Combined land package features extraordinary depth of 254 feet; Full basements with separate laundry serving each unit
