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For sale
  • $1,000,000

    552 Laprairie St, Ferndale, MI 48220

    3beds
    1,612sqft
    : 
    $8,025/mo
    Get pre-qualified
    Multi Family
    Built in 1953
    -- sqft lot
    $963,500 Zestimate®
    $620/sqft
    $-- HOA

    What's special

    Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. | Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what’s already there this might be the package that you’re looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.
    35 days
    228
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Weber 248-435-1100,

    RE/MAX First 248-375-4000

    Source: Realcomp II,MLS#: 20261069206MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Entrance Foyer
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,612 sqft
      • Finished area above ground: 1,612

      Property

      Parking
      • Parking features: Garage, Shared Driveway
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch
      • Exterior features: Lighting
      • Pool features: None
      Lot
      • Size: 9,583 Square Feet
      • Dimensions: 385 x 255
      Details
      • Parcel number: 2534328035
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1953

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Above Ground Utilities

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Carbon Monoxide Detectors, Smoke Detectors
      • Subdivision: WOODWARD FARMS
      Location
      • Region: Ferndale

      Financial & listing details

      • Price per square foot: $620/sqft
      • Tax assessed value: $70,050
      • Annual tax amount: $5,202
      • Date on market: 9/1/2026
      • Cumulative days on market: 35 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $963,500

        $915,000 - $1.01M

        $1,382/mo

        Price history

        DateEventPrice
        9/1/2026Listed for sale$1,000,000$620/sqft
        Source: Realcomp II #20261069206 Report a problem
        8/13/2025Listing removed$1,600$1/sqft
        Source: Realcomp II #20251024330 Report a problem
        8/6/2025Listed for rent$1,600+33.3%$1/sqft
        Source: Realcomp II #20251024330 Report a problem
        1/28/2025Listing removed$1,200$1/sqft
        Source: Realcomp II #20240083284 Report a problem
        12/30/2024Price change$1,200-7.7%$1/sqft
        Source: Realcomp II #20240083284 Report a problem
        11/5/2024Listed for rent$1,300-18.8%$1/sqft
        Source: Realcomp II #20240083284 Report a problem
        6/18/2024Listing removed--
        Source: Realcomp II #20240035538 Report a problem
        5/23/2024Listed for rent$1,600$1/sqft
        Source: Realcomp II #20240035538 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,706 +4.1%$147,330 +1.5%
        2024$4,520 +3.5%$145,100 +4.8%
        2023$4,366 +0.3%$138,420 +13.5%
        2022$4,352 +1.9%$122,000 +0.7%
        2021$4,272 $121,140 +1.2%
        2020-- $119,740 +15.9%
        2019$4,199 +1.8%$103,320 +10.3%
        2018$4,125 +1.1%$93,640 +1.6%
        2017$4,078 $92,210 +17.7%
        2016$4,078 $78,370 +21.7%
        2015-- $64,420 +15.9%
        2014-- $55,600 -12%
        2011-- $63,180 -14.2%
        2010$4,088 +5.3%$73,620 -20.8%
        2009$3,884 +22.1%$92,900 -41.4%
        2005$3,182 $158,440 +52%
        2003-- $104,250 +16.2%
        2002-- $89,710 +102.3%
        2001$3,165 +4%$44,350 +3.2%
        2000$3,044 $42,980
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 48220

        Getting around

        67 / 100
        Somewhat Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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