Sold
500 E Maplehurst Street, Ferndale, MI 48220
Sold on 10/31/2025 for$1,579,500
MLS # 20251018861 (Realcomp)
Built 19680.29 acres
1 / 15
Listing 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.
Source: SparkMLS
About this home
10-bath home in Ferndale in Ferndale built in 1968.
Closed at $1,579,500.
Annual property taxes run approximately $23,426 ($1,952/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 10 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms10
Lot Size0.29 acres
Year Built1968
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick
HeatingSteam
Sale & Financing
Listed7/19/2025
Sold Date10/30/2025
Terms AcceptedConventional
Source: SparkMLS
Tax Information
Annual Tax$23,426
State Equalized Value$319,900
Taxable Value$319,900
Parcel #2527404014
Source: Public Records
Legal Description
T1N, R11E, SEC 27 WOODWARD HTS SUB NO 2 W 28 FT OF LOT 514, ALL OF LOTS 515 & 516, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael McClafferty
OakPointe Real Estate Advisors
Frequently Asked Questions about 500 E Maplehurst Street, Ferndale, MI 48220
What school district is 500 E Maplehurst Street, Ferndale, MI 48220 in?
Per MLS# 20251018861, this property is served by Ferndale. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251018861, the seller has indicated this property accepts the following financing types: Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251018861, the most recent reported annual property tax for 500 E Maplehurst Street, Ferndale, MI 48220 is $23,426. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 500 E Maplehurst Street, Ferndale, MI 48220 eligible for USDA financing?
Per USDA Rural Development boundary data, 500 E Maplehurst Street, Ferndale, MI 48220 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 500 E Maplehurst Street, Ferndale, MI 48220 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 500 E Maplehurst Street, Ferndale, MI 48220?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$10,702
Principal & interest$10,702
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
10 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
500 E Maplehurst Street, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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