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    Ferndale, MI
    Quadplex

    Ferndale, MI Quadplexes for Sale

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    Mixed-Use Multi-Unit Asset with Retail
    Updated: Apr 8
    Mixed-Use Multi-Unit Asset with Retail

    23529 Woodward Ave, Ferndale, MI 48220

    $1,099,000
    4,100 sqft
    Mixed‑use building at 23527–23529 Woodward Ave in Ferndale, MI
    Second‑floor has four fully leased 1‑bedroom apartments
    Lower level includes 2,000 sq. ft. of vacant retail space split into two 1,000 sq. ft. units
    Apartment rents: $1,100/mo (expires 06/2026 and 10/2026) plus $1,300/mo (expires 09/2026 and 10/2026)
    Total gross income listed at $57,600/yr from the fully leased apartments
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    Updated Four-Unit Quadplex
    Updated: Sep 12
    Updated Four-Unit Quadplex

    425 Vester Street, Ferndale, MI 48220

    $619,000
    Four‑unit quadplex with two 2‑bedroom units and two 1‑bedroom units
    Each apartment includes 1 full bathroom
    Updated interiors and finishes throughout the units
    Coin‑operated washer and dryer shared by all tenants
    Built in 1916
    View details
    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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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Quadplex with Two-Car Garage
    Brick Quadplex with Two-Car Garage

    2441 Holbrook Street, Hamtramck, MI 48212

    $349,899
    3,036 sqft 0.08 AC lot

    Updated, rental-certified multifamily property with separate entrances, basement utility hookups, and a fenced exterior.

    View details
    Updated Brick Quadplex with Garage
    Updated Brick Quadplex with Garage

    2441 Holbrook St, Hamtramck, MI 48212

    $349,900
    3,036 sqft

    Rental-certified multifamily property with separate entrances, basement laundry hookups, and flexible unit access.

    View details
    Brick Quadplex Requiring Renovation
    Brick Quadplex Requiring Renovation

    2626 Tyler Street, Detroit, MI 48238

    Contact for pricing
    3,696 sqft 0.07 AC lot

    Two-story residential property with four units, brick construction, and forced-air heating.

    View details
    Four-Unit Building with Basements
    Four-Unit Building with Basements

    2340 W Grand Street, Detroit, MI 48238

    $235,000

    Older multifamily property with consistent unit layouts, hardwood flooring, and substantial basement storage requiring updates.

    View details

    Ferndale, MI Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 4,100 square feet of properties for sale, with an estimated market value of $1,718,000.

    Sale prices for four-unit buildings in Ferndale, MI start at $619,000, averaging $859,000, 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 $859K

    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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