967 Alberta Street Ferndale, MI $ 359,000
967 Alberta Street
$ 359,000
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967 Alberta Street

Ferndale, MI, 48220
$ 359,000
Baths2.0 Sq 1,500

Monthly Estimate*

$ 2,210

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Studio

Multi-Family Home for sale in Ferndale, MI

for $359,000 with 2 full baths. This 1,500 square foot home was built in 1922 on a lot size of 0.12.

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!

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Multi-Family Active

Price

$ 359,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,079

Style

Lot Size

0.12

Year Built

1922

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

61003133

Features
General
Heating Forced Air
Cooling Central A/C
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1922
Subdivision Maple Ridge MI
Water Heater Gas
County Oakland
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Ferndale
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Ferndale (63258)
Primary City Ferndale
Directions W of Livernois Rd / S of 9 Mile Rd
City Ferndale
School District Ferndale City School District
Financial Terms Cash Conventional FHA VA
Legal Description T1N R11E SEC 33 MAPLE RIDGE SUB E 1/2 OF LOT 48
DOM 1
Postal Code 48220
Price Per Sq Ft Total AG 239.33
Public Remarks Turnkey Ferndale duplex
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick Vinyl Siding
Exterior Amenities Porch
Frontage 35
Lot Size Area 0.12
Lot Dimensions 35X145
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Alexandra Lannen

Listing Agent

Dobi Real Estate

Broker

alexandra@wearedobi.com

Email

Affordability Calculator

$2,800
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759698 Elementary School
759786 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$359,000 Listed Price

Map


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967 Alberta Street, Ferndale, MI, 48220 is a Multi-Family Home for sale at $359,000 with 1,500 sqft and a lot size of 0.12. 967 Alberta Street is a studio with 2.0 baths and was built in 1922. The property's zip code is 48220 which is in Ferndale, MI