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!
Property Details
Price:
$619,000
MLS #:
20261073555
Status:
Active
Beds:
0
Baths:
4
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
URBANREST
Neighborhood:
area02258ferndale
Listed Date:
Sep 11, 2026
Finished Sq Ft:
2,773
Year Built:
1916
See this Listing
Schools
School District:
Ferndale
Interior
Above Grade Finished Area
1866
Bathrooms
4 Full Bathrooms
Below Grade Finished Area
907
Heating
Forced Air, Natural Gas
Levels
Three
Exterior
Architectural Style
Other, RaisedRanch
Construction Materials
Vinyl Siding, Wood Siding
Financial
Taxes
$11,640
Map
Community
- Address425 Vester Street Ferndale MI
- SubdivisionURBANREST
- CityFerndale
- CountyOakland
- Zip Code48220
Subdivisions in Ferndale
- ADOLPH SLOMAN’S WOODWARD BLVD SUB
- ADOLPH SLOMANS WOODWARD BLVD
- ANDERSONS SUB OF RIDGE HEIGHTS
- ANDERSONSOF RIDGE HEIGHTS
- ANSON RIDGE
- ASSR’S REPLAT OF OAKRIDGE SUB
- ASSRS REP OF OAKRIDGE
- ASTON’S SUB OF KNOWLES HEIGHTS
- ASTONSOF KNOWLES HEIGHTS
- BADDER HEIGHTS
- BERMORE
- BERMORENO 1
- C W HARRAHS FERNDALE
- C W HARRAHS FERNDALENO 1
- CAMPBELL HEIGHTS
- EAST URBANREST
- ELSINORE
- FERNRIDGE- FERNDALE
- FIRST ADD TO EAST URBANREST
- FORD HEIGHTS ADD SUB – FERNDALE
- FORD HEIGHTS ADD- FERNDALE
- FORD HEIGHTS SUB – FERNDALE
- FORD HEIGHTS- FERNDALE
- FORDMOUNT PARK
- FORDMOUNT PARK SUB
- FRANK GRIX
- FRANK GRIX SUB
- GARDENDALE
- HARRINGTON WOODS
- HARRINGTON WOODS SUB
- HAWTHORNE PARK
- HAZELCREST SUB – FERNDALE
- HUGO SCHERERS
- KENILWORTH
- LEGGETT FARM
- LEGGETT FARM SUB
- MAPLE RIDGE
- MAPLEDALE
- MAPLEDALE SUB
- MAPLEDALE SUB NO 1
- MARSHALL PLACE CONDO OCCPN 1762
- MICHELSON WOODS
- MORNINGSIDE SUB
- PARKDALE TOWNES
- PARKDALE TOWNES CONDOS
- PINECREST
- POAD
- RESUB OF WOODWARD HEIGHTS
- SHERBORNE PARK
- SOMERSET
- STEPHENSON SUPER-HIGHWAY SUB NO 5- FERNDALE
- STEPHENSON SUPER-HIGHWAYNO 5- FERNDALE
- STORMFELTZ-LOVELY CO WOODWARD AVE
- STORMFELTZ-LOVELY CO WOODWARD AVE SUB
- TEN MILE PARK
- TENNYSON PARK
- THE LITTLE FARMS
- THE LITTLE FARMS SUB
- THE NINE CONDO OCCPN 1914
- THOMAS BROS OAKLAND HEIGHTS- FERN
- THOMAS BROTHERS CLOVERDALE
- THOMAS OAKS
- URBANREST SUB
- WOODLAND PARK
- WOODWARD AVE SUB
- WOODWARD FARMS
- WOODWARD HEIGHTS ROYAL OAK ADD
- WOODWARD HEIGHTS SUB – FERNDALE
- WOODWARD HEIGHTS SUB NO 2 – FERNDALE
- WOODWARD HEIGHTS- FERNDALE
- WOODWARD HEIGHTSNO 2 – FERNDALE
- WOODWARD HOMES
- WYOMING PARK
Market Summary
Current real estate data for Single Family in Ferndale as of Sep 12, 2026
121
Single Family Listed
49
Avg DOM
227
Avg $ / SqFt
$314,555
Avg List Price
Property Summary
- Located in the URBANREST subdivision, 425 Vester Street Ferndale MI is a Single Family for sale in Ferndale, MI, 48220. It is listed for $619,000 and features 0 beds, 4 baths, and has approximately 2,773 square feet of living space, and was originally constructed in 1916. The current price per square foot is $223. The average price per square foot for Single Family listings in Ferndale is $227. The average listing price for Single Family in Ferndale is $314,555. To schedule a showing of MLS#20261073555 at 425 Vester Street in Ferndale, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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