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    Ferndale, MI Multifamily Properties for Sale

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    3-Unit Multifamily Building
    Updated: Oct 12
    3-Unit Multifamily Building

    3327 McDowell, Ferndale, MI 48220

    $875,000
    3,386 sqft 0.18 AC lot
    Three units, each with 2 bedrooms and 1.5 bathrooms
    Built in 2020 on a 0.18‑acre lot
    Two of the three units are currently leased
    Private single‑car garage and second‑floor laundry in each unit
    Separate gas, electric, and water meters for each residence
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    Updated Duplex with Attached Garage
    Updated: Sep 10
    Updated Duplex with Attached Garage

    2341 McDowell Street, Ferndale, MI 48220

    $329,900
    1,251 sqft 0.33 AC lot
    1,251‑square‑foot up‑and‑down duplex with a full basement
    125x105 lot totaling 0.33 acres; described as five 25x105 lots
    23x24 attached garage with access to the fenced backyard
    Updated roof, both kitchens, all 3 baths, windows, hardwood floors, and electrical
    Fenced backyard with deck, 2 patios, above‑ground pool, play structure, and putt‑putt greens
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    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    967 Alberta Street, Ferndale, MI 48220

    $329,000
    1,500 sqft 0.12 AC lot

    Two separately heated units include shared laundry, central air, and a detached garage.

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    See hot listings in Ferndale

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Three-Property Duplex Package
    Three-Property Duplex Package

    538 Laprairie St, Ferndale, MI 48220

    $1,000,000
    1,600 sqft

    Six residential units across adjoining lots feature private entrances, basements, separate laundry, and detached garages.

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    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    3021 Goodrich Street, Ferndale, MI 48220

    $295,000
    1,580 sqft 0.12 AC lot

    Two occupied units include updated interiors, separate access, and on-site laundry.

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    Three-Property Duplex Package
    Three-Property Duplex Package

    544 Laprairie St, Ferndale, MI 48220

    $1,000,000
    1,647 sqft

    Adjacent two-family homes with separate entrances, basements, laundry areas, and detached garage stalls.

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    Mixed-Use Multi-Unit Asset with Retail
    Mixed-Use Multi-Unit Asset with Retail

    23529 Woodward Ave, Ferndale, MI 48220

    $1,099,000
    4,100 sqft

    Four leased 1-bedroom apartments sit above two vacant retail storefront units totaling 2,000 sq. ft.

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    Tenant-Occupied Duplex with Updated Interiors
    Tenant-Occupied Duplex with Updated Interiors

    3021 Goodrich St, Ferndale, MI 48220

    $295,000
    1,580 sqft

    Both units are occupied, with on-site laundry and basement storage.

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    Six-Unit Duplex Portfolio
    Six-Unit Duplex Portfolio

    1447 Albany St, Ferndale, MI 48220

    $360,000
    2,400 sqft

    Fully leased bungalow-style duplex assets span established neighborhoods in Ferndale and Royal Oak.

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    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    967 Alberta St, Ferndale, MI 48220

    $349,000
    1,500 sqft

    Vacant residential duplex with separate systems, shared laundry, a backyard, and recent interior and mechanical improvements.

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    Two-Unit Bungalow
    Two-Unit Bungalow

    320 E Cambourne St, Ferndale, MI 48220

    $229,900
    1,300 sqft

    Certificate of Compliance, separate gas and electric utilities, shared basement laundry, and off-street parking support practical occupancy.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    2341 McDowell St, Ferndale, MI 48220

    $329,900
    0.30 AC lot

    Up-and-down duplex with a finished basement, substantial fenced yard, and multiple outdoor amenities.

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    Triplex with Private Garages
    Triplex with Private Garages

    3327 McDowell, Ferndale, MI 48220

    $875,000

    Three two-bedroom residences feature upper-level laundry rooms and individually controlled heating and cooling.

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    Three-Property Duplex Package
    Three-Property Duplex Package

    552 Laprairie St, Ferndale, MI 48220

    $1,000,000

    Three adjacent income properties feature private entrances, full basements, separate laundry, and detached garages with individual stalls.

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    Triplex with Private Garages
    Triplex with Private Garages

    3315 McDowell, Ferndale, MI 48220

    $875,000

    Separate gas, electric, and water meters serve each residence.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    425 Vester Street, Ferndale, MI 48220

    $619,000

    Updated interiors, a balanced unit mix, and shared coin-operated laundry serve the property’s residential configuration.

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    2-Unit Duplex with Secure Garage
    2-Unit Duplex with Secure Garage

    400 E Cambourne St, Ferndale, MI 48220

    $375,000

    Both residences are occupied, with a shared interior hall and basement serving the building.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    316 Spencer St, Ferndale, MI 48220

    $325,000

    Separate utility meters support straightforward operation across the two residential units.

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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 Potential Opportunities for your consideration. Besides 19 Active Listings in Ferndale, MI, we suggest to view alternatives - similar 4 Off-Market properties to explore as potential leads.

    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

    Estimated value:
    $180,000
    5,002 sqft 0.13 AC lot
    View details
    415 Hilton Rd
    Multifamily properties

    415 Hilton Rd, Ferndale, MI 48220

    Estimated value: by Request
    1,656 sqft
    View details
    345 Marshall St
    Multifamily properties

    345 Marshall St, Ferndale, MI 48220

    Estimated value: by Request
    3,850 sqft
    View details
    695 Livernois St
    Multifamily properties

    695 Livernois St, Ferndale, MI 48220

    Estimated value: by Request
    3,986 sqft
    View details

    Ferndale, MI Multifamily Properties Market Trends and Statistics

    Explore 23 multifamily properties for sale in Ferndale, MI, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 21,844 square feet of properties for sale, with an estimated market value of $10,960,700.

    Sale prices for multifamily properties in Ferndale, MI start at $229,900, averaging $576,878, and reaching up to $1,099,000 — 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 14
    Triplexes 3
    Quadplexes 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 $530.7K

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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