The MJA CompanyNational Realty Centers (248) 780-8944
425 Vester Street, Ferndale, MI 48220425 Vester Street, Ferndale, MI 48220 photo 2425 Vester Street, Ferndale, MI 48220 photo 3425 Vester Street, Ferndale, MI 48220 photo 4425 Vester Street, Ferndale, MI 48220 photo 5
$619,000 For sale

425 Vester Street

Ferndale, MI 48220

4baths
2,773sqft
0.13acres
1916built
$223per sqft
19days listed

Multi Family · MLS # 20261073555 · Listing courtesy of Keller Williams Legacy

About this home

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!

Interior

Full baths4
Half baths0
Living area2,773 sqft
BasementFinished
Finished below grade907 sqft
LevelsThree

Systems and utilities

HeatingForced Air, Natural Gas
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleOther, Raised Ranch
Year built1916
Year remodeled2025
ConstructionVinyl Siding, Wood Siding
FoundationBasement, Block
Garage spaces0
Lot size0.13 acres
Lot dimensions55x105
PoolNone

Taxes, HOA and more

Annual taxes$11,640
Summer taxes$11,321
Winter taxes$319
SubdivisionURBANREST
MunicipalityFerndale
CountyOakland
PossessionAt Close
Sale termsCash, Conventional, FHA
Special conditionsShort Sale No, Standard

Schools

School districtFerndale

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Sep 30, 2026, 8:30 PM.

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