$359,000

967 Alberta St Ferndale, MI 48220

Estimated payment $2,526/month

Total Views 95
-- Bed
2 Baths
1,500 Sq Ft
$239 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • Garage
  • Laundry Room

About This Home

Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents from scratch. This property is ideal for an investor or an owner-occupant looking to live in one unit while leasing the other. The main-level unit offers 2 bedrooms and 1 full bath, and the upper unit offers 1 bedroom and 1 full bath. The units share a basement laundry, 2-car detached garage, and sizable backyard. Each unit has its own furnace and hot water heater. Prior to recent vacancy, the units demonstrated strong rental performance: the upper unit as a furnished mid-term rental at $1,478/month with 96% occupancy; and the lower unit to a long-term tenant at $1,735/month. The property has been meticulously maintained and updated, with recent improvements including central air added to the upper unit, two new water heaters, PEX hot and cold water supply plumbing, a gutted and remodeled upper unit bath, and stainless steel appliances, among many more. Contact the listing agent for a full list of updates. A rare opportunity to acquire an updated duplex with a history of strong rental performance in one of Metro Detroit's most walkable, in-demand communities!

Listing Agent

Alexandra Lannen

DOBI Real Estate License #6502411775 Listed on: 06/17/2026

DOBI Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35x145

Parking

  • Garage

Home Design

  • 1,500 Sq Ft Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • 2 Full Bathrooms
  • Laundry Room
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 2533429003

Community Details

Overview

  • 2 Units
  • Maple Ridge Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,079

Year Built

Built in 1922

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1922
  • State Equalized Value: 136250.00
  • Pets Allowed: Yes
  • Property Sub Type: MultiFamily
  • Co List Office Mls Id: 403268
  • Above Grade Finished Sq Ft: 1500.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick, VinylSiding
  • Road Frontage Type: Paved
  • Disclosures: ExclusionsDoNotExist, NoRestrictions, ProjectedIncome, TaxesNotHomesteadExempt
  • Exclusions: Exclusion(s) Do Not Exist
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public
  • Laundry Features: CommonArea, LaundryRoom

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Lot Dimensions: 35X145
  • Parcel Number: 2533429003
  • Land Lease Expiration Date: 2026-12-31
  • Zoning Description: Residential

Tax Info

  • Tax Amount Summer: 6793.00
  • Tax Amount Winter: 286.00
  • Tax Annual Amount: 7079.00

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

Map

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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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 $6,793 $136,250 $0 $0
2024 $6,041 $136,320 $0 $0
2023 $7,916 $125,960 $0 $0
2022 $7,850 $107,350 $0 $0
2021 $5,794 $103,270 $0 $0
2020 $5,548 $100,300 $0 $0
2019 $5,589 $94,980 $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 Prior Sale
06/17/2026 06/17/26 For Sale $359,000 +13.2% $239 / Sq Ft
04/04/2024 04/04/24 Sold $317,000 +1.9% $186 / Sq Ft View Prior Sale
02/01/2024 02/01/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $311,000 +24.4% $182 / Sq Ft
10/07/2021 10/07/21 Sold $249,900 0.0% $146 / Sq Ft View Prior Sale
09/14/2021 09/14/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $249,900 -5.7% $146 / Sq Ft
07/31/2021 07/31/21 For Sale $264,900 +6.0% $155 / Sq Ft
07/13/2021 07/13/21 Off Market $249,900 -- --
06/24/2021 06/24/21 Price Changed $264,900 -1.9% $155 / Sq Ft
05/27/2021 05/27/21 For Sale $269,900 +86.1% $158 / Sq Ft
04/28/2016 04/28/16 Sold $145,000 -19.4% $85 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $179,900 -- $105 / Sq Ft
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
Warranty Deed $317,000 None Listed On Document
Warranty Deed $317,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $249,900 Cislo Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $168,000 Title Source Inc Commercial
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Deed $110,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $187,425 Purchase Money Mortgage
Previous Owner $82,500 No Value Available
Source: Public Records

Source: Realcomp

MLS Number: 20261042507

Realcomp

APN: 25-33-429-003

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