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Ferndale, MI Multifamily Homes & Duplexes for Sale

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    $560,000

    • 4 Beds
    • 4 Baths
    • 3,884 Sq Ft

    223 E Oakridge Ave, Ferndale, MI 48220

    Fabulous 4 unit multi family property on one of the most desirable streets in Ferndale. Each unit is one bedroom and one full bathroom. Laundry and storage units in the basement. Each tenant has a parking spot in the back of the property. Tenants pay all utilities. Rental certificate with the city of Ferndale is current. BATVAI Back two units are available for showings, the front two units will

    Meredith Kulka Cranbrook Associates-Birm

    223 E Oakridge Ave, Ferndale, MI 48220
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    $350,000

    • 4 Beds
    • 2 Baths
    • 2,015 Sq Ft

    274 Silman St, Ferndale, MI 48220

    Opportunity Awaits in Fabulous Ferndale! Discover this classic Craftsman bungalow offering endless possibilities — whether you’re seeking an income-producing duplex or envisioning a charming single-family home. Currently configured as a duplex and rental certified by the City of Ferndale, this property delivers flexibility and value in one of Metro Detroit’s most desirable communities. The upper

    Susan Krumrey Howard Hanna Clarkston

    274 Silman St, Ferndale, MI 48220
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    $950,000

    • 6 Beds
    • 5 Baths
    • 3,186 Sq Ft

    695 Livernois St, Ferndale, MI 48220

    Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a

    Alina Valentine KW Metro

    695 Livernois St, Ferndale, MI 48220
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    $295,000

    • 3 Beds
    • 2 Baths
    • 1,452 Sq Ft

    250 Spencer St, Ferndale, MI 48220

    Great 2-Family Income Opportunity with Approved Landlord License!This well-maintained duplex is ideal for both investors and owner-occupants. The lower level offers a spacious 2-bedroom apartment with a full kitchen and bath. Upstairs, you’ll find a charming 1-bedroom apartment with wood floors, a full kitchen, and a bath—perfect for a young professional, student, or anyone seeking their own

    Dylan Tent Signature Sotheby's International Realty Nvl

    250 Spencer St, Ferndale, MI 48220
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    $190,000

    • 3 Beds
    • 2 Baths
    • 1,134 Sq Ft

    449 W Evelyn Ave, Hazel Park, MI 48030

    This charming multi-family home located at 449 W Evelyn Ave, Hazel Park, MI, built in 1925, is full of character and potential, now offering an immediate, solid return on investment. Investor Highlights: Fully Occupied & Income-Producing: Both units are currently rented, generating a total gross monthly income of $2,000 ($24,000 annually). Approximate Investment Yield: Based on a list price of

    Scott Rubin Andover Real Estate dba Houzeo Michigan

    449 W Evelyn Ave, Hazel Park, MI 48030

Why Live in Ferndale

Ferndale, Michigan, located 11 miles north of Detroit, is a progressive city with a population of about 19,000 residents. Known for its inclusivity and sustainability, Ferndale is home to the largest free Pride Festival in the state and boasts a lively downtown district filled with rainbow-colored crosswalks, murals, and diverse storefronts. The intersection of Nine Mile Road and Woodward Avenue forms the heart of downtown, offering a variety of things to do, including shopping at specialty stores, dining at all-American restaurants, and enjoying the vibrant nightlife. Parks such as Garbutt Park and Harding Park provide recreational spaces, while Martin Road Park becomes a hub for sledding in the winter. Homes in Ferndale, ranging from Tudor Revivals to bungalows built between the 1920s and 1940s, sell faster than the national average and are more affordable compared to nearby cities. The city hosts numerous events, including the Woodward Dream Cruise and various art fairs. Commuting is facilitated by major thoroughfares like Interstate 75 and Interstate 696, with bike lanes and limited bus stops also available. Residents may experience traffic jams due to trains, though recent legislation aims to reduce congestion. Ferndale Public Schools serve the community. Despite flood concerns, the city employs proactive measures to address these issues.

Home Trends in Ferndale, MI

Housing Trends

Median Sale Price
$260,000
Median Single Family Sale Price
$259,900
Median Townhouse Sale Price
$310,000
Median 2 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
70
Last 12 months Home Sales
406
Months of Supply
2.10
Median List Price
$265,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
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