1489 Woodward Heights Active Save Request In-Person Tour Request Virtual Tour
Ferndale,MI 48220
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Ferndale City
MLS Listing ID 20251019796
Annual Tax Amount $1,766
Lot Size 9,583 Sqft
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 Oakland County - 70
Zoning Residential
Exterior
View Y/N No
Schools
School District Hazel Park
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional