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    Ferndale, MI
    Quadplex

    Ferndale, MI Quadplexes for Sale

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    Pleasant Ridge, MI Oak Park, MI Detroit, MI Royal Oak, MI Hazel Park, MI Huntington Woods, MI Madison Heights, MI Highland Park, MI
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    247 Midland Street, Highland Park, MI 48203

    $35,000
    3,840 sqft 0.12 AC lot

    Four identical units with two upper and two lower levels plus a full basement—an investor-focused residential income setup.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    247 Midland St, Highland Park, MI 48203

    $40,000
    3,840 sqft

    Four units near Woodward Ave and M-8.

    View details
    Detroit Multifamily Property For Sale
    Detroit Multifamily Property For Sale

    2300 W Buena Vista Street, Detroit, MI 48238

    $150,000
    4,196 sqft 0.12 AC lot

    Multifamily property in Detroit, sold as-is, with investment potential.

    View details
    Detroit Investment Opportunity: Four Units
    Detroit Investment Opportunity: Four Units

    2626 Tyler St, Detroit, MI 48238

    Contact for pricing
    0.07 AC lot

    Four-unit property in Detroit's Dexter-Linwood neighborhood, ideal for redevelopment.

    View details

    Ferndale, MI Quadplexes Market Trends and Statistics

    Explore 1 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 $1,099,000.

    Sale prices for four-unit buildings in Ferndale, MI start at $1,099,000, averaging $1,099,000, 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 6
    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%

    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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