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4 Baths
2,773 sqft

$619,000

425 Vester Street, Ferndale City Oakland Michigan, 48220

Price per sqft$223.22
Built in1916
Property size2,773 sqft
Property typeMulti-family

Overview

Active

Listed Sep 11, 2026

Updated 3 weeks ago

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!

$4,118/mo

Est. mortgage payment based on a $619,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261073555

Interior Features

Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$11,640
Tax Frequency
Annually
55+/Senior Community
No

 

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Originating MLS:
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Data last updated 11:48 AM UTC, 9/14/2026

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