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    Ferndale, MI
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    Ferndale, MI Multifamily Properties for Sale

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    Duplex with Back Parking Lot
    Updated: Jul 10
    Duplex with Back Parking Lot

    317 E Maplehurst Street E, Ferndale, MI 48220

    $325,000
    1,929 sqft 0.12 AC lot
    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.
    Public utilities: public water; asphalt shingle roof; vinyl exterior construction.
    Basement plus an entrance foyer and circuit breakers; laundry facility on‑site.
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    This listing looks promising.

    Here's a quick look at some key insights for

    317 E Maplehurst Street E, Ferndale, MI 48220

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $365K
      Above asking

    • Property Type

      Single Family Residence
      Built 1916
    View Property Analytics
    Tri-Unit Live-Work Property
    Updated: Jun 5
    Tri-Unit Live-Work Property

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot
    Tri‑unit mixed‑use property with mixed‑use zoning for live‑work possibilities
    Built in 1942 with brick and vinyl exterior materials
    Forced‑air heating with central air conditioning
    Asphalt shingle roof and public water service
    Includes a basement and multiple bedrooms and bathrooms (Bedrooms 1–5; Bathrooms 1–5)
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    Partially Remodeled Multifamily Property
    Partially Remodeled Multifamily Property

    415 Hilton Road, Ferndale, MI 48220

    $555,000
    3,312 sqft 0.30 AC lot

    Multifamily property with seven partially remodeled units plus a shared laundry facility and on-site parking.

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    Updated Duplex with Shared Basement
    Updated Duplex with Shared Basement

    967 Alberta Street, Ferndale, MI 48220

    $359,000
    1,500 sqft 0.12 AC lot

    Two-unit duplex features separate furnaces and hot water heaters, shared basement laundry, and a 2-car detached garage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Updated Multi-Unit Building with Garage
    Updated Multi-Unit Building with Garage

    624 Livernois St, Ferndale, MI 48220

    $1,389,000
    7,120 sqft

    Well-maintained building featuring six units, parking, and garage.

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    Duplex with Multiple Kitchens and Baths
    Duplex with Multiple Kitchens and Baths

    634 E Lewiston Avenue, Ferndale, MI 48220

    $335,000
    1,466 sqft 0.13 AC lot

    Ferndale duplex with dual kitchens and baths, updated interiors, and two forced-air HVAC systems with central AC.

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    Bungalow Duplex Income Property
    Bungalow Duplex Income Property

    690 E Marshall Street, Ferndale, MI 48220

    $249,000
    1,600 sqft 0.15 AC lot

    For sale bungalow-style duplex on a compact lot, offering two rental units within a manageable footprint.

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    Live-Work Triplex Property
    Live-Work Triplex Property

    695 Livernois, Ferndale, MI 48220

    $749,900
    3,986 sqft

    Tri-unit live-work property featuring modern residential space and mixed-use zoning for flexible commercial opportunities.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    351 Edgewood Pl, Ferndale, MI 48220

    $400,000

    Well-maintained duplex with separate metering, individual laundry, and three off-street parking spaces.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 9 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Brick Duplex with Garage
    Brick Duplex with Garage

    20487 Stratford Road, Detroit, MI 48221

    $239,000
    2,914 sqft 0.11 AC lot

    All-brick two-unit duplex with upper and lower units, basement, 2-car garage, and updated kitchens with appliances.

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    Royal Oak Duplex Investment
    Royal Oak Duplex Investment

    907 E Fifth Street, Royal Oak, MI 48067

    $525,000
    0.12 AC lot

    Tenant-occupied duplex near downtown Royal Oak with updated features.

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    Charming Duplex with Two Units
    Charming Duplex with Two Units

    909 Knowles Street, Royal Oak, MI 48067

    Contact for pricing
    1,551 sqft 0.12 AC lot

    Two separate units each have dedicated HVAC, meters, and utilities, plus refurbished finishes and a fenced yard with patio.

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    Brick Duplex with Two Garages
    Brick Duplex with Two Garages

    20487 Stratford Rd, Detroit, MI 48221

    $239,000

    All-brick duplex with two units, each with three bedrooms, full bathrooms, kitchens with appliances, and a basement.

    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.

    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

    View details
    Eastlake Marina District Land
    Eastlake Marina District Land

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    $765,000
    5.66 AC lot

    5.66 acres in Eastlake's Marina District, primed for development.

    View details
    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

    View details

    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.

    477 Marshall St
    BOARDING/ROOMING HOUSE

    477 Marshall St, Ferndale, MI 48220-2418

    $820,000
    Estimated value
    5,002 sqft 0.13 AC lot
    View details
    415 Hilton Rd
    Multifamily properties

    415 Hilton Rd, Ferndale, MI 48220

    Value Estimation by Request
    1,656 sqft
    View details
    345 Marshall St
    Multifamily properties

    345 Marshall St, Ferndale, MI 48220

    Value Estimation by Request
    3,850 sqft
    View details
    695 Livernois St
    Multifamily properties

    695 Livernois St, Ferndale, MI 48220

    Value Estimation by Request
    3,986 sqft
    View details

    Ferndale, MI Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Ferndale, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 20,787 square feet of properties for sale, with an estimated market value of $4,156,800.

    Sale prices for multifamily properties in Ferndale, MI start at $249,000, averaging $593,828, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Apartment buildings 2
    Short term rental properties 2
    Triplexes 2

    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 $549.8K

    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

    Retail

    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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