Lot/land

$125,000

3331 McDowell St, Ferndale, MI 48220

--beds

--baths

7,840Square Feet

Land

Built in ----

7,840 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Attention Builders & Investors! The developer has already done the heavy lifting on this rare, plug-and-play opportunity, saving you valuable time, capital, and administrative headaches. Situated in one of Metro Detroit’s most sought-after rental markets, this prime 0.18-acre vacant lot is fully build-ready and waiting for your vision. Utilities are already on site, and the entire 3-unit multifamily foundation is complete. Skip the lengthy development phase and go straight to building your 3-unit property to start cash-flowing faster. Please refer to the financial projections under the documents section to see the strong income potential this high-demand location offers. *The existing 3-unit building south of this lot (3327 McDowell MLS #20261083067) can be purchased with MLS #20261067860 for a total of $1,000,000. Bring your builder and turn this turnkey site into your next profitable enterprise!

26 days
166
18

Facts & features

Interior

Features

Has basement: No
Has fireplace: No

Property

Lot

Size: 7,840 Square Feet
Dimensions: 60 x 130
Features: Easement, Sidewalk

Details

Parcel number: 2526101020
Zoning description: Residential
Special conditions: Short Sale No,Standard

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Above Ground Utilities

Community & HOA

Community

Subdivision: FIRST ADD TO EAST URBANREST

HOA

Has HOA: No

Location

Region: Ferndale

Financial & listing details

Tax assessed value: $39,020
Annual tax amount: $3,029
Date on market: 10/20/2026
Cumulative days on market: 26 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/20/2026	Listed for sale	$125,000+140.4%
Source: Realcomp II #20261083067 Report a problem
3/10/2021	Listing removed	--
Source: Owner Report a problem
12/13/2018	Listing removed	$945
Source: Owner Report a problem
11/19/2018	Listed for rent	$945
Source: Owner Report a problem
4/17/2017	Listing removed	$945
Source: Owner Report a problem
3/29/2017	Listed for rent	$945
Source: Owner Report a problem
3/2/2016	Sold	$52,000-16.1%
Source: Agent Provided Report a problem
2/19/2016	Pending sale	$62,000
Source: Keller Williams Royal Oak Market Center #216009975 Report a problem
2/17/2016	Listed for sale	$62,000
Source: Keller Williams Royal Oak Market Center #216009975 Report a problem
2/17/2016	Pending sale	$62,000
Source: Keller Williams Royal Oak Market Center #216009975 Report a problem
2/1/2016	Price change	$62,000-8.8%
Source: Keller Williams - Royal Oak #216009975 Report a problem
12/30/2015	Listed for sale	$68,000+134.5%
Source: Keller Williams Royal Oak Market Center #215133691 Report a problem
11/14/2010	Listing removed	$29,000
Source: Keller Williams Report a problem
10/16/2010	Listed for sale	$29,000
Source: Keller Williams Report a problem
9/6/2010	Listing removed	$29,000
Source: Keller Williams Report a problem
7/3/2010	Listed for sale	$29,000
Source: Keller Williams Report a problem
5/31/2010	Listing removed	$29,000-9.4%
Source: Keller Williams Report a problem
7/17/2009	Sold	$32,000+10.3%
Source: MiRealSource #154571 Report a problem
6/12/2009	Listed for sale	$29,000-19.4%
Source: Keller Williams Report a problem
4/28/2009	Listing removed	$36,000
Source: Point2 #28177753 Report a problem
3/14/2009	Listed for sale	$36,000-39.9%
Source: Point2 #28177753 Report a problem
11/1/2008	Listing removed	$59,900
Source: NCI #28105121 Report a problem
6/25/2008	Price change	$59,900-7.8%
Source: NCI #28105121 Report a problem
4/6/2008	Price change	$65,000-5.8%
Source: NCI #28029655 Report a problem
3/5/2008	Listed for sale	$69,000+187.5%
Source: NCI #28029655 Report a problem
12/4/2007	Sold	$24,000
Source: MiRealSource #150245 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2020	--	$43,240 +15%
2019	$2,754 +3.8%	$37,610 +17.1%
2018	$2,654 +124.4%	$32,130 +6.5%
2017	$1,183	$30,160 +29.2%
2016	$1,183	$23,350 +19.5%
2015	--	$19,540 +16.7%
2014	--	$16,750 -34.6%
2011	--	$25,600 -14.8%
2010	$1,560 -36.1%	$30,040 -14.2%
2009	$2,440 +181.2%	$35,030 -38.2%
2005	$868	$56,700 +55.2%
2003	--	$36,540 +26.1%
2002	--	$28,980 +80.4%
2001	$826 +4.3%	$16,060 +3.1%
2000	$792	$15,570