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    Ferndale, MI
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    Ferndale, MI Triplexes for Sale

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    Triplex with Private Entries
    Updated: Jun 5
    Triplex with Private Entries

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot
    3,186 SF triplex on a 0.1‑acre lot
    Commercial, Multi‑Family, M zoning
    Year built: 1942
    Private entries
    Brick and vinyl exterior with asphalt roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    695 Livernois Street, Ferndale, MI 48220

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $602K
      Suggested

    • Property Type

      Single Family Residence
      Built 1942
    View Property Analytics
    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.

    Ranch-Style Triplex with Central Air
    Ranch-Style Triplex with Central Air

    219 W 12 Mile Road, Royal Oak, MI 48073

    $499,900
    1,950 sqft 0.16 AC lot

    Fully leased ranch triplex with central air and forced-air heat, built in 1957 on a 0.16-acre lot.

    View details
    Religious Facility with Attached Parking
    Religious Facility with Attached Parking

    1330 E 7 Mile Road, Detroit, MI 48203

    Contact for pricing
    38,695 sqft

    Large auditorium, multiple offices, and three residential-style units with parking for 60 to 70 cars plus street parking.

    View details
    Ranch-Style Triplex with Central Air
    Ranch-Style Triplex with Central Air

    219 W 12 Mile Rd, Royal Oak, MI 48073

    $499,900

    Fully leased three-unit triplex with ranch-style layouts, central air in two units, and in-unit washer and dryer.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    15786 Parkside St, Detroit, MI 48238

    $55,000

    Two 2-bedroom, 1-bath units plus a separate rear unit offer flexible living or rental income setups.

    View details

    Ferndale, MI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 3,186 square feet of properties for sale, with an estimated market value of $749,900.

    Sale prices for three-family homes in Ferndale, MI average $749,900 — 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 9
    Apartment buildings 4
    Short term rental properties 3
    Quadplexes 1
    Triplexes 1

    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 $749.9K

    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.

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