$1,000,000

544 Laprairie St Ferndale, MI 48220

Ferndale Area

Estimated payment $5,690/month

-- Beds
2 Baths
1,647 Sq Ft
$607 Price per Sq Ft

Highlights

  • Brick Veneer
  • Entrance Foyer
  • Garage
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Cats Allowed

About This Home

Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways.

With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package.

The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances.

From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete.

Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership.

Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor.

If the idea of a turnkey investment that has future potential beyond, what’s already there this might be the package that you’re looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

Listing Agent

Keith Weber

RE/MAX First License #6501239845 Listed on: 09/01/2026

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 38 x 255

Parking

  • Garage

Home Design

  • Brick Veneer
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,647 Sq Ft Home
  • Entrance Foyer
  • Laundry Room
  • Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2534328036

Community Details

Overview

  • 2 Units
  • Woodward Farms Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,593

Year Built

Built in 1926

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1926
  • State Equalized Value: 162900.00
  • Pets Allowed: CatsOk
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.22
  • Co List Office Mls Id: 390021
  • Above Grade Finished Sq Ft: 1647.00
  • Living Area: 1647.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Interior Amenities: EntranceFoyer
  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: BrickVeneer
  • Exterior Features: Lighting
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Disclosures: ActualIncome, ConformstoZoning, LegalRentalCertified, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public
  • Laundry Features: LaundryRoom
  • Electric: CircuitBreakers
  • Utilities: AboveGroundUtilities

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Lot Dimensions: 38 x 255
  • Parcel Number: 2534328036
  • Zoning Description: Residential

Rental Info

  • Rent Includes: TrashCollection, YardMaintenance
  • Monthly Rental Income: 2500.00

Tax Info

  • Tax Amount Summer: 4468.51
  • Tax Amount Winter: 124.88
  • Tax Annual Amount: 4593.39

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,263 $136,600 $0 $0
2024 $4,021 $134,320 $0 $0
2023 $3,877 $127,980 $0 $0
2022 $3,837 $112,710 $0 $0
2021 $3,824 $111,070 $0 $0
2020 $3,665 $109,300 $0 $0
2019 $3,691 $94,280 $0 $0
2018 $3,679 $79,940 $0 $0
2017 $3,626 $78,590 $0 $0
2016 $3,584 $66,850 $0 $0
2015 -- $55,210 $0 $0
2014 -- $47,920 $0 $0
2011 -- $49,080 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 For Sale $1,000,000 0.0% $607 / Sq Ft
06/26/2024 06/26/24 Rented $1,450 -6.5% --
06/18/2024 06/18/24 Under Contract -- -- --
05/30/2024 05/30/24 For Rent $1,550 0.0% --
05/30/2024 05/30/24 Under Contract -- -- --
05/23/2024 05/23/24 For Rent $1,550 -- --
Source: Realcomp

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Keith Weber

RE/MAX First

(947) 222-5202

Section Image

Keith has been successfully selling real estate for 35 years. During this period he has sold over 2,000 homes. Keith is affiliated with RE/MAX, the #1 real estate brokerage in Michigan and the nation. Being with the #1 brokerage brings resources and opportunities you can't get with any other firm.

Keith has an extensive background in sales. As a child, he spent many Saturdays and summer vacations working at his family's business. When he finished with his schooling, he began working at

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Source: Realcomp

MLS Number: 20261069204

Realcomp

APN: 25-34-328-036

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