1489 Woodward Heights Active Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 667 sqft
Price per Sqft $374
Subdivision Mapledale
MLS Listing ID 20251017507
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1922
Annual Tax Amount $1,766
Lot Size 9,583 Sqft
Property Sub-Type Ranch
Property Description
Prime Investment & Development Opportunity in Ferndale! This fantastic package deal is perfect for investors, builders, or developers looking to capitalize on one of Ferndale's most desirable locations! Just a 5-minute walk to local favorites like Drifter Coffee, Dessert Oasis, and Voyager, plus easy access to downtown Ferndale's vibrant shops, dining, and nightlife. Package Includes: Residential Property + Adjacent Vacant Lot (separate parcels, already split). The existing home is rentable around $1,350+/month, offering immediate income potential. The vacant land is buildable and zoned R2 (multi-family approved); perfect for duplex, townhouse, or small multi-unit development. Projects of 5+ units require a CED application review (approx. $500–$1,000, with up to a 60-day city approval window). This is a rare opportunity to invest, build, or expand in one of Metro Detroit's most sought-after neighborhoods. Don't miss your chance to create something special in the heart of Ferndale!
Location
State MI
County Oakland
Area Ferndale
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Detached
Garage Description 2 Car
Roof Type Asphalt
Building
Foundation Crawl
Sewer Sewer (Sewer-Sanitary)
Water Other
Structure Type Aluminum
Schools
School District Hazel Park
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA