Advertise
    Ferndale, MI
    Residential Income

    Ferndale, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Pleasant Ridge, MI Oak Park, MI Detroit, MI Royal Oak, MI Hazel Park, MI Huntington Woods, MI Madison Heights, MI Highland Park, MI
    12 properties
    Sort:
    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.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    317 E Maplehurst Street E, Ferndale, MI 48220

    View Property Analytics

    • 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
    Partially Remodeled Multifamily Building
    Updated: Jul 16
    Partially Remodeled Multifamily Building

    415 Hilton Road, Ferndale, MI 48220

    $555,000
    3,312 sqft 0.30 AC lot
    Two‑unit property at 415‑445 Hilton Rd with 7 units partially remodeled
    Recent updates include recently painted interiors and new flooring, plus some mechanicals, roof, gutters, and exterior finishes
    Unit 8 serves as a laundry facility for all 7 units
    All units are vacant; parking for all units and trash disposal provided
    Ranch‑style construction built in 2000 with vinyl exterior and asphalt roof
    View details
    Tri-Unit Live-Work Property
    Tri-Unit Live-Work Property

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot

    Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.

    View details
    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.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    Partially Remodeled Multifamily Property
    Partially Remodeled Multifamily Property

    415 Hilton Rd, Ferndale, MI 48220

    $555,000

    Partially remodeled 8-unit multifamily with parking and shared laundry facilities; all units are currently vacant.

    View details
    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    1936 Farrow St, Ferndale, MI 48220

    $275,000

    Two move-in ready units each with dedicated living and kitchen spaces, plus a shared unfinished basement and fenced backyard.

    View details
    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.

    View details
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 12 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    View details
    Rented Duplex Investment Property
    Rented Duplex Investment Property

    449 W Evelyn Avenue, Hazel Park, MI 48030

    $190,000
    1,134 sqft 0.07 AC lot

    Duplex with two rented 3-bedroom, 2-bath units in Hazel Park, zoned for multi-family use.

    View details
    Rented Duplex Investment with Two Units
    Rented Duplex Investment with Two Units

    449 W Evelyn Ave, Hazel Park, MI 48030

    $190,000

    Duplex property featuring two spacious 4-bedroom, 2-bath units already rented and generating cash flow.

    View details
    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.

    Vacant Lot in Hazel Park
    Vacant Lot in Hazel Park

    W Evelyn Avenue, Hazel Park, MI 48030

    Contact for pricing
    0.11 AC lot

    Rare vacant lot to build your dream home.

    View details
    Residential Land in Oak Park
    Residential Land in Oak Park

    Rosewood Avenue, Oak Park, MI 48237

    $100,000
    0.20 AC lot

    Land available for building in Oak Park, Michigan.

    View details
    Residential Land in Hazel Park
    Residential Land in Hazel Park

    89 W Hayes, Hazel Park, MI 48030

    Contact for pricing
    0.70 AC lot

    Residential land for sale in Hazel Park, Michigan.

    View details
    Buildable Lot in Hazel Park
    Buildable Lot in Hazel Park

    W Milton Avenue, Hazel Park, MI 48030

    Contact for pricing
    0.15 AC lot

    Residential land for sale in Hazel Park, Michigan.

    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
    1120 9 Mile Rd
    Land

    1120 9 Mile Rd, Ferndale, MI 48220

    Value Estimation by Request
    0.36 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
    600-644 Vester St
    Land

    600-644 Vester St, Ferndale, MI 48220

    Value Estimation by Request
    0.91 AC lot
    View details

    Ferndale, MI Residential Income Properties Market Trends and Statistics

    Explore 18 residential income properties for sale in Ferndale, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 28,199 square feet of properties for sale, with an estimated market value of $5,810,800.

    Sale prices for residential income properties in Ferndale, MI start at $249,000, averaging $645,644, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 12
    Duplexes 6
    Apartment buildings 3
    Short term rental properties 3
    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Ferndale, MI

    Popular Categories

    Most Searched ZIP Codes in Ferndale, MI

    • 48220

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!