345 W Marshall St $1,150,000

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    345 W Marshall St Ferndale, MI 48220

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    $1,150,000

    Market Estimate
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    • 8 Beds
    • 8 Baths
    • 3,850 sq. ft.
    • Rental
    • MLS# 60345273
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    Views: 3 Days On Site: 45

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    Property Details

    This newly constructed 4-unit building, completed in June of 2024 is located just 1/2 mile from downtown Ferndale. Each 2-bedroom, 2-bathroom unit features luxury finishes, in-unit laundry and is independently metered for electric and gas with a dedicated basement storage unit. Rent roll available upon request. Measurements are approximate.

    • General Features
      • Association Fee Y/N No
      • Acreage 0.15
      • Area Municipality Ferndale (63258)
      • Bedrooms 8
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Structure Style 2 Story
      • Total SqFt Finished 3850
      • Waterfront Y/N No
      • Year Built 2024
    • Building Features
      • Architecture Style Colonial
      • Bedroom 1 Level Second
      • Basement Type Unfinished
      • Exterior Construction Wood
      • Foundation Type Basement
      • Heating System Forced Air
    • Property Features
      • Sewer Septic Public Sanitary
      • Roads Paved Street
      • Lot Size 45x54
      • Water Public Water
    • Schools
      • School District Ferndale City School District

    Neighborhood

    48220 (Ferndale) Demographics

    34 Median Age
    5,116 Population Density (per sq. mile)
    56% College Educated
    $73,479 Estimated Median Income
    7,016 Estimated Total Home Owners
    4,297 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,639 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $275,000 Median Sales Price
    25 Homes Sold
    59 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,150,000
        10/31/2024 4:38:12 PM Price Reduced Source: Multiple Listing Service New Value: $1,150,000 -8%
        10/7/2024 2:23:00 PM New in Database Source: Multiple Listing Service New Value: $1,250,000
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.