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Sold on 10/31/2025
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500 E Maplehurst St, Ferndale, MI 48220

$1,579,500

Last sold 10/31/2025 after 103 Days

  • 16

    bed

  • 10

    bath

  • 9,694

    Sqft ($163/Sqft)

Multi-family not for sale
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About 500 E Maplehurst St

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Property description
Located just south of Pleasant Ridge and a short 0.4-mile walk to Downtown Ferndale, this 10-unit multifamily property includes six two-bedroom and four one-bedroom apartments, all recently updated. With the median monthly cost to own a home in the immediate area around $1,953/month, the property offers a cost-effective rental alternative.
Listed by
Listing Agent - Michael McClafferty
Listing Agent Contact: 2489727040
Listing Office - OakPointe Real Estate Advisors
Source: Realcomp mls logo
MLS#20251018861 • last updated 10 months ago
Movoto checked Realcomp for data 3 minutes ago
Overview
Heating NaturalGas, Steam
Levels/Style Two, Other
Status Closed
SubType Multi Family
Living Area 9694
MLS # 20251018861
Lot Size (Acres) 0.29
Property Tax 23426
Interior
Total # of Bathrooms 10
# of Full Baths 10
Laundry Common Area
Interior Features High Speed Internet, Other, Programmable Thermostat
Exterior
Construction Brick
Foundation Basement, Poured
# Parking Spaces 10
Parking Paved
Amenities / Utilities
Pool None
Location
Subdivision WOODWARD HEIGHTSNO 2 - FERNDALE
High School District Ferndale
APN 2527404014
Directions East Of Woodward On E Maplehurst
Zoning Residential
Multifamily Details
Rent Includes Heat, MaintenanceOffSite, Sewer, SnowRemoval, TrashCollection, Water, YardMaintenance
# Units Leased 9
Gross Scheduled Income 174960
Net Operating Income 124106
Monthly Rental Income 14580
Lot/ Land Details
Road Frontage Paved
$1.65M
Range: $1.49M-$1.82M
Last 30 days 
  • Aug 2025
    mls logo MLS # 20251018861
  • Aug 10, 2025 Pending
    —
  • Jul 20, 2025 Listed
    $1,650,000
  • Jul 2025
    mls logo MLS # 60920220
  • Jul 20, 2025 Listed
    $1,650,000
  • 500 E Maplehurst St
    $1.57M
  • Ferndale
    $252K -11% y/y
  • 48220
    $245K -9% y/y
  • Ferndale
    $249K -9% y/y
No chart available
Statistics calculated by Movoto

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N/A
Ferndale Lower Elementary Campus
public Grades K-3
Ferndale Public Schools
3/10
Ferndale Upper Elementary
public Grades K-6
Ferndale Public Schools
2/10
Ferndale Middle School
public Grades 6-8
Ferndale Public Schools
5/10
Ferndale High School
public Grades 9-12
Ferndale Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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