$1,579,500
SOLD OCT 31, 2025

500 E Maplehurst St Ferndale, MI 48220

16 Beds
10 Baths
9,694 Sq Ft
0.29 Acres

Recently Sold

$163 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • 0.29 Acre Lot
  • Heating System Uses Steam
  • High Speed Internet
  • Programmable Thermostat
  • Laundry Facilities

About This Home

As of October 2025

Located just south of Pleasant Ridge and a short 0.4-mile walk to Downtown Ferndale, this 10-unit multifamily property includes six two-bedroom and four one-bedroom apartments, all recently updated. With the median monthly cost to own a home in the immediate area around $1,953/month, the property offers a cost-effective rental alternative.

Last Agent to Sell the Property

Michael McClafferty

OakPointe Real Estate Advisors License #6501421721 Listed on: 07/21/2025

Last Buyer's Agent

Michael McClafferty

OakPointe Real Estate Advisors License #6501421721 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 2023

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98x129

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 10 Full Bathrooms
  • 9,694 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 10 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2527404014

Community Details

Overview

  • 10 Units
  • Woodward Heightsno 2 Ferndale Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,426

Year Built

Built in 1968 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 313100.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility, High Spd Internet Avail, Programmable Thermostat
  • Total Bathrooms: 10.00
  • Full Bathrooms: 10
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 9694

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 10

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Sewer (Sewer-Sanitary)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.29
  • Lot Dimensions: 98X129
  • Parcel Number: 2527404014
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 14580

Tax Info

  • Tax Amount Summer: 22765.0000
  • Tax Amount Winter: 661.0000
  • Total Tax: 23426.0000
  • Taxable Value: 313100.0000

Multi Family

  • Gross Scheduled Income: 174960.00
  • Number Of Units Total: 10

MLS Schools

  • School District: Ferndale

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Off Market -- -- --
10/31/2025 10/31/25 Sold $1,579,500 -4.3% $163 / Sq Ft
08/10/2025 08/10/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $1,650,000 0.0% $170 / Sq Ft
03/01/2025 03/01/25 For Rent -- -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael McClafferty

    Seller's Agent in 2025

    Michael McClafferty

    OakPointe Real Estate Advisors

    (248) 972-7040

    3 in this area

    22 Total Sales

    Michael McClafferty
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Map

Source: Realcomp

MLS Number: 20251018861

Realcomp
Michigan Oakland County Ferndale 48220

500 E Maplehurst St, Ferndale, MI

Sold

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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