Seller's Agent in 2025
Brady Williams
Greater Development LLC
(360) 989-5395
2 in this area
11 Total Sales
The Troy Street Apartments are located in Ferndale, Michigan conveniently off of Woodward and Troy Street. The property consists of 8 apartment units which are 100% occupied grossing over $8,365 per month in rent. These are loft style apartments consisting of 5 one bedroom one bath, and 3 two bedroom one bath units.
The property is located on the heart of Ferndale, walkable to many popular restaurants and bars. Over 500 units of new construction multifamily housing have been going up within a 2 mile radius of the property at an average rent of $1,500 per unit which as placed an upward movement on existing rents.
Last Agent to Sell the Property
Greater Development LLC License #6501413257 Listed on: 05/21/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $1,200,000 | 0.0% | $131 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $1,200,000 | 0.0% | $131 / Sq Ft |
| 03/05/2025 03/05/25 | Off Market | $1,700 | -- | -- |
| 01/30/2025 01/30/25 | Price Changed | $1,700 | +81.8% | $2 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $935 | -45.0% | $1 / Sq Ft |
| 11/18/2024 11/18/24 | For Rent | $1,700 | -- | -- |
| 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 | $13,632 | $289,910 | $0 | $0 |
| 2024 | $13,260 | $275,490 | $0 | $0 |
| 2023 | $12,603 | $244,610 | $0 | $0 |
| 2022 | $12,451 | $231,240 | $0 | $0 |
| 2021 | $12,412 | $209,950 | $0 | $0 |
| 2020 | $11,899 | $200,390 | $0 | $0 |
| 2019 | $11,977 | $188,340 | $0 | $0 |
| 2017 | $11,765 | $157,620 | $0 | $0 |
| 2015 | -- | $144,800 | $0 | $0 |
| 2014 | -- | $139,080 | $0 | $0 |
| 2011 | -- | $157,390 | $0 | $0 |
Seller's Agent in 2025
Brady Williams
Greater Development LLC
(360) 989-5395
2 in this area
11 Total Sales
Source: Realcomp
MLS Number: 20250037682
Ask me questions while you tour the home.