$1,579,500
SOLD OCT 31, 2025

500 E Maplehurst St Ferndale, MI 48220

16 Beds
10 Baths
9,694 Sq Ft
12,632 Sq Ft Lot

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

  • 12,632 Sq Ft 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

0.29 Acres

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
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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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,426 $319,900 $0 $0
2024 $22,765 $313,100 $0 $0
2023 $22,579 $313,100 $0 $0
2022 $22,347 $295,750 $0 $0
2021 $22,674 $291,850 $0 $0
2020 $15,459 $278,680 $0 $0
2019 $15,561 $257,810 $0 $0
2017 $15,453 $215,290 $0 $0
2015 -- $189,290 $0 $0
2014 -- $181,450 $0 $0
2011 -- $201,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251018861

Realcomp
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