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Street View
$619,000
Monthly Est:$3,081
-- Bed
4 Baths4 full baths
2,773sqft
425 Vester St, Ferndale, MI 48220
$619,000
$3,081/moEst:
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Multi Family
Built in 1916
$-- HOA
0.13 acre lot
$223/sq.ft
Description
The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!
- Houzeo last checked: 4 minutes ago
- Listing updated: September 13, 2026 at 10:16 pm
- Listing Provided by: Nick Jaafar (313) 228-3777 , Zack Daher | Keller Williams Legacy (313) 752-0000
- Source: Realcomp MLS-MI | MLS#: 20261073555
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1916
HOA Fees
-
Finished Area
2,773 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261073555
MLS Status
Active
Days on Market
50
Cumulative Days on Market
4
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 4
Interior
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Construction
Year Built
Year Built: 1916
Home type
Multi Family
Foundation Details
Basement, Block
Construction Materials
Vinyl Siding, Wood Siding
Architectural Style
Other, Raised Ranch
Utilities & Energy
Water Source
Public
Basement
Finished
Pool Features
None
Other Features
Disclosures
Projected Income, Taxes Not Homestead Exempt
Subdivision Name
Urbanrest
Price History
| Date | Event | Price |
|---|---|---|
09/11/2026 Source: | Listed for Sale | $619,000 +56172.73% $223/sqft |
05/07/2024 Source: | Off Market | $1,100 -99.76% $0/sqft |
05/01/2024 Source: | Sold | $455,000 $164/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Nov 01, 2026, 03:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. 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: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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