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    Ferndale, MI Residential Income Properties for Sale

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    Oak Park, MI Detroit, MI Royal Oak, MI
    9 results
    Tri-Unit Live-Work Property
    $749,900
    3,186 SF
    Tri-Unit Live-Work Property

    695 Livernois Street, Ferndale, MI 48220

    Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.
    • Tri‑unit mixed‑use property with mixed‑use zoning for live‑work possibilities
    • Built in 1942 with brick and vinyl exterior materials
    • Forced‑air heating with central air conditioning
    • Asphalt shingle roof and public water service
    • Includes a basement and multiple bedrooms and bathrooms (Bedrooms 1–5; Bathrooms 1–5)
    Updated: Jun 5
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    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
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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

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    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

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    Triplex with Private Outdoor Spaces
    $325,000
    Triplex with Private Outdoor Spaces

    Three-unit triplex offers designated outdoor space and off-street parking, with two units currently occupied.

    212 Ardmore Dr, Ferndale, MI 48220

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    Duplex with Separate Utilities
    $400,000
    Duplex with Separate Utilities

    Well-maintained duplex with separate metering, individual laundry, and three off-street parking spaces.

    351 Edgewood Pl, Ferndale, MI 48220

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    Two-Unit Income Duplex
    $350,000
    Two-Unit Income Duplex

    Well-maintained duplex with independent two-unit setups, updated HVAC, and separate in-unit laundry for practical income potential.

    131 E Cambourne St, Ferndale, MI 48220

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 9 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.

    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

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    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

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    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

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    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

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    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.

    Residential Land in Oak Park
    $100,000
    0.20 Acres
    Residential Land in Oak Park

    Land available for building in Oak Park, Michigan.

    Rosewood Avenue, Oak Park, MI 48237

    View details
    Vacant Lot in Hazel Park
    Contact for pricing
    0.11 Acres
    Vacant Lot in Hazel Park

    Rare vacant lot to build your dream home.

    W Evelyn Avenue, Hazel Park, MI 48030

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    Residential Land in Hazel Park
    Contact for pricing
    0.70 Acres
    Residential Land in Hazel Park

    Residential land for sale in Hazel Park, Michigan.

    89 W Hayes, Hazel Park, MI 48030

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    Buildable Lot in Hazel Park
    Contact for pricing
    0.15 Acres
    Buildable Lot in Hazel Park

    Residential land for sale in Hazel Park, Michigan.

    W Milton Avenue, Hazel Park, MI 48030

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    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

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    1120 9 Mile Rd
    Land
    Lot: 0.36 Acres
    Value Estimation by Request

    1120 9 Mile Rd, Ferndale, MI 48220

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    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
    600-644 Vester St
    Land
    Lot: 0.91 Acres
    Value Estimation by Request

    600-644 Vester St, Ferndale, MI 48220

    View details

    Ferndale, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 15 residential income properties for sale in Ferndale, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 15,830 square feet of properties for sale, with an estimated market value of $3,253,900.

    Sale prices for residential income properties in Ferndale, MI start at $314,900, averaging $813,475, 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

    Multifamily properties 9
    Duplexes 4
    Short term rental properties 2
    Triplexes 2
    Apartment buildings 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%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Residential Income

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