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
- 1741 LIVERNOIS CONDO BLDG 1
- ADOLPH SLOMAN’S WOODWARD BLVD SUB
- ADOLPH SLOMANS WOODWARD BLVD
- ANSON RIDGE
- APPLEBAUM
- ASSRS OAKLAND PARK STATE
- ASSRS REP OF LA BELLE HEIGHTS- FERNDALE
- ASSRS REP OF OAKRIDGE
- ASTONSOF KNOWLES HEIGHTS
- BADDER GARDENS
- BADDER HEIGHTS
- BADDER HEIGHTS SUB
- BERMORE
- BERMORE SUB
- BERMORE SUB NO 1
- BERMORENO 1
- C W HARRAHS FERNDALE
- CAMPBELL HEIGHTS
- CAMPBELL HEIGHTSNO 1
- CAMPBELL HEIGHTSNO 2
- DETROYAL PARK
- EAST URBANREST
- ELSINORE SUB
- FIRST ADD TO EAST URBANREST
- FORD HEIGHTS ADD- FERNDALE
- FORD HEIGHTS RESUB – FERNDALE
- FORD HEIGHTS- FERNDALE
- FORDMOUNT PARK
- FRANK GRIX
- GARDENDALE
- GARDENDALE ASSRS 1
- GREENWOOD PARK
- GREENWOOD PARK ADD
- HARRINGTON WOODS SUB
- HAWTHORNE PARK
- HAWTHORNE PARK SUB
- HAZELCREST- FERNDALE
- HUGI SCHERER’S SUB
- HUGO SCHERER’S SUB
- HUGO SCHERER’S SUBDIVISION
- HUGO SCHERERS
- HUGO SCHERERS SUB
- JOSEPH SOWINSKIS FERNDALE HEIGHTS
- KENILWORTH
- LEGGETT FARM
- LEGGETT FARM SUB
- MAPLE RDG SUB
- MAPLE RIDGE
- MAPLEDALE
- MAPLEDALE SUB
- MAPLEDALENO 1
- MAYFIELD GARDENS
- MAYFIELD GARDENS SUB
- MICHELSON WOODS
- NORTHERN MICHIGAN SUB
- OAK PARK- ROYAL OAK TOWNSHIP
- PARKDALE TOWNES
- RESUB OF RIDGE ROAD ESTATES
- RESUB OF WOODWARD HEIGHTS
- RIDGEWAY
- SHERBORNE PARK
- SHERBORNE PARK SUB
- 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
- TENNYSON PARK SUB
- THE LITTLE FARMS
- THE NINE CONDO OCCPN 1914
- THOMAS BROS OAKLAND HEIGHTS SUB – FERN
- THOMAS OAKS
- URBANREST
- URBANREST SUB
- WEBSTER PLACE CONDO OCCPN 1892
- WOODLAND PARK
- WOODWARD FARMS
- WOODWARD FARMS ADD
- WOODWARD FARMS SUB
- WOODWARD GROVE- FERNDALE
- WOODWARD HEIGHTS
- WOODWARD HEIGHTS ROYAL OAK ADD
- WOODWARD HEIGHTS SUB – FERNDALE
- WOODWARD HEIGHTS SUB NO 2 – FERNDALE
- WOODWARD HEIGHTS TOWNHOUSES OCCPN 1092
- WOODWARD HEIGHTS- FERNDALE
- WOODWARD HEIGHTSNO 2 – FERNDALE
- WOODWARD HOMES
Market Summary
Current real estate data for Single Family in Ferndale as of Oct 31, 2026
163
Single Family Listed
49
Avg DOM
225
Avg $ / SqFt
$297,021
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 $225. The average listing price for Single Family in Ferndale is $297,021. 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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