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  • Bedroom
  • Bath

3315 Mcdowell, Ferndale, MI 48220

$875,000
•
  • 6

    bed

  • 6

    bath

  • 3,386

    Sqft ($258/Sqft)

Multi-family for sale 10 hours

About 3315 Mcdowell

Property type Multi-family
Neighborhood
Year built 2020
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Property description
An exceptional investment opportunity offering 3 spacious, thoughtfully designed 2-bedroom units in a modern, newer construction (built in 2020), low-maintenance building. Ideally positioned in one of Metro Detroit’s most sought-after rental markets, this property allows investors to acquire a stabilized, income-producing asset with strong tenant appeal, predictable operating expenses, and immediate value-add/owner-occupancy potential. This exceptional multi-family opportunity features three identical units, each offering a generous 1,130 square feet of comfortable living space complete with 2 bedrooms and 1.5 bathrooms. Designed for modern convenience, every residence includes a dedicated second-floor laundry room and an oversized single-car private garage ideal for vehicle parking and extra storage. Maintenance is hassle-free thanks to newer construction quality that minimizes near-term capital expenditure requirements. Operating expenses remain predictable and landlord-paid utility burdens are completely eliminated by separately metered gas, electric, and water, while independent furnaces and central air conditioning systems ensure individual comfort control for every home. Foundation lot to the North of this property can be purchased with MLS #20261067860 for a total of $1,000,000. Subject to seller obtaining municipal approval of land spilt and easement for shared driveway. 2/3 units are currently under lease.
Listed by
Listing Agent - Alyse Robertelli
Listing Agent Contact: 2485900800
Listing Office - KW Domain
Source: Realcomp mls logo
MLS#20261067860 • last updated 12 hours ago
Movoto checked Realcomp for data 15 minutes ago
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Overview
Cooling/AC Central Air
Heating ForcedAir, NaturalGas
Levels/Style Two, Colonial, Craftsman
Status Active
SubType Multi Family
Living Area 3386
MLS # 20261067860
Lot Size (Acres) 0.18
Property Tax 27033
Interior
Total # of Bathrooms 6
# of Full Baths 3
# of Half Baths 3
Laundry InUnit, LaundryRoom
Exterior
Construction Other
Foundation Slab
Roof Asphalt
# Parking Spaces 3
Parking Garage, Paved, Shared Driveway
Exterior Features Lighting
Patio/Porch Porch
Amenities / Utilities
Security Features CarbonMonoxideDetectors, SmokeDetectors
Pool None
Location
Subdivision BERMORE SUB
Community Features Sidewalks
High School District Hazel Park
APN 2526101020
Directions 10 Mile East Of Hilton, South On McDowell And Building Is On The West Side Of The Road
Zoning Residential
Multifamily Details
# Units Leased 2
Gross Scheduled Income 80000
Operating Expense 25500
Net Operating Income 54500
Monthly Rental Income 6675
Lot/ Land Details
Road Frontage Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Ferndale

Explore everything this neighborhood has to offer.
36/100
Walk
60/100
Family
89/100
Dining
95/100
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  • Real Estate
  • MI
  • Oakland County
  • Ferndale
  • 48220
  • 3315 Mcdowell

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