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    Ferndale, MI Multifamily Properties for Sale

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    Oak Park, MI Detroit, MI Royal Oak, MI
    6 results
    Mixed-Use Property in Ferndale, MI
    $775,000
    3,986 SF

    Mixed-Use Property in Ferndale, MI

    695 Livernois, Ferndale, MI 48220

    Multi-unit property with residential and commercial opportunity in Ferndale.

    • Mixed‑use zoning allows for diverse commercial and residential applications
    • Suitable for both residential living and commercial investment
    • Modern living spaces appealing to young professionals
    • Garage included as an exterior feature
    • Brick construction
    Updated: Feb 18
    View details
    Mixed-Use Investment Opportunity
    $775,000
    3,186 SF

    Mixed-Use Investment Opportunity

    695 Livernois Street, Ferndale, MI 48220

    Live, work, and play in spirited Ferndale, Michigan.

    • Mixed‑use zoning allows for diverse commercial and residential opportunities (storefront, salon, office, Airbnb, etc.).
    • Potential for live‑work‑play lifestyle.
    • Modern living spaces suitable for young professionals.
    • Investment property with potential for diversification.
    • Located in a spirited neighborhood in Michigan.
    Updated: Feb 21
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    Updated Duplex with Income Potential
    $319,900

    Updated Duplex with Income Potential

    Well-maintained duplex generating $2,800/month rental income in Ferndale, MI.

    1529 Silman St, Ferndale, MI 48220
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    Updated Duplex Near Downtown Ferndale
    $325,000

    Updated Duplex Near Downtown Ferndale

    Updated top/bottom duplex in desirable Ferndale location, delivered vacant.

    393 Wordsworth St, Ferndale, MI 48220
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    Mixed-Use Property in Ferndale, MI
    $775,000

    Mixed-Use Property in Ferndale, MI

    Mixed-use property offering residential and commercial opportunities in Ferndale.

    695 Livernois St, Ferndale, MI 48220
    View details
    Updated Multi-Unit Building with Garage
    $1,389,000
    7,120 SF

    Updated Multi-Unit Building with Garage

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

    624 Livernois St, Ferndale, MI 48220
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 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.

    Detroit Duplex: Income Potential
    $89,900
    1,336 SF

    Detroit Duplex: Income Potential

    Duplex with income potential near highways, schools, parks, and amenities.

    20475 San Juan Drive, Detroit, MI 48221
    View details
    Charming Royal Oak Multi-Family Home
    $409,900
    1,551 SF

    Charming Royal Oak Multi-Family Home

    Charming multi-family home in Royal Oak near downtown and park.

    909 Knowles Street, Royal Oak, MI 48067
    View details
    Charming Royal Oak Multifamily Home
    $409,900

    Charming Royal Oak Multifamily Home

    Charming multifamily home in Royal Oak, walkable to downtown.

    909 Knowles St, Royal Oak, MI 48067
    View details
    Detroit Duplex with Income Potential
    $89,900

    Detroit Duplex with Income Potential

    Duplex with income potential near highways, schools, and amenities.

    20475 San Juan Dr, Detroit, MI 48221
    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
    $6,900,000
    354.27 Acres

    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836
    View details
    Eastlake Marina District Land
    $765,000
    5.66 Acres

    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095
    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
    View details
    Sanford Vacant Land with Utilities
    Contact for pricing
    0.80 Acres

    Sanford Vacant Land with Utilities

    Two lots with water and electric hookups, lake access.

    978 timberlynn trail, Sanford, MI 48657
    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
    5,002 SF Lot: 0.13 Acres
    Estimated value
    $820,000

    477 Marshall St, Ferndale, MI 48220-2418

    View details
    415 Hilton Rd
    Multifamily properties
    1,656 SF
    Value Estimation by Request

    415 Hilton Rd, Ferndale, MI 48220

    View details
    345 Marshall St
    Multifamily properties
    3,850 SF
    Value Estimation by Request

    345 Marshall St, Ferndale, MI 48220

    View details
    695 Livernois St
    Multifamily properties
    3,986 SF

    695 Livernois St, Ferndale, MI 48220

    View details

    Ferndale, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Ferndale, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,292 square feet of properties for sale, with an estimated market value of $2,939,000.

    Sale prices for multifamily properties in Ferndale, MI start at $775,000, averaging $979,666, 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

    Duplexes 2
    Apartment buildings 1
    Short term rental properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Ferndale fall within the 5,000 to 10,000 square foot range.

    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 median listing prices of real estate assets

    Neighborhood Average Price
    48220 $667.7K

    Taxes & Financing

    Tax Rate (average for all types) 4.51%
    Property Tax per SF $25.33 per sq ft
    Average Loan-to-Value 65.0%

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