690 E Marshall Street, Ferndale, MI 48220
MULTI_FAMILY - Bungalow - Ferndale, MI
- Added:
- Jun 8, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 11 at 3:06 pm
Property Features for 690 E Marshall Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
- Appliances
- Dryer, Range/Oven, Refrigerator, Washer
- Standard status
- Active
- APN
- 25-35-153-007
- Size
- 1,600 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6817
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Bungalow
Listing agent Robert Kluck License #6502364544 (586) 996-9900
Listing office Professional Leasing & Sales LLC 42450 Hayes Ste 5, Shelby Township, MI (586) 996-9900
Listing date Jun 8, 2026
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Bungalow home built in 1930
- Central air conditioning and forced‑air heating
- Public water service
- Includes appliances: washer, dryer, range/oven, and refrigerator
- Two bedrooms and two bathrooms
Overview
Located at 690 E Marshall Street in Ferndale, Michigan 48220, the property sits in Oakland County. It is listed under the residential income and duplex categories, aligning with buyers who want a compact, manageable multifamily holding in Ferndale.
From an operator’s perspective, the duplex format can support flexible occupancy and rental planning depending on unit use. The offering is categorized for sale and reflects a residential-income focus, with the stated building size and lot footprint providing a practical scale for due diligence, underwriting, and day-to-day management. Buyers can review the property’s interior condition, layout, and unit performance during their inspection process to confirm fit for their investment or occupancy goals.
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 | $31.7k | $19.80 |
| − Vacancy | −$1.4k | −$0.89 |
| EGI | $30.3k | $18.91 |
| − OpEx | −$9.1k | −$5.67 |
| NOI | $21.2k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.121626
- Latitude
- 42.454099
