The Troy Street Apartments are located in Ferndale, Michigan conveniently off of Woodward and Troy Street. The property consists of 8 apartment units which are 100% occupied grossing over $8,365 per month in rent. These are loft style apartments consisting of 5 one bedroom one bath, and 3 two bedroom one bath units.
The property is located on the heart of Ferndale, walkable to many popular restaurants and bars. Over 500 units of new construction multifamily housing have been going up within a 2 mile radius of the property at an average rent of $1,500 per unit which as placed an upward movement on existing rents.
Sold for $1,200,000
$1,200,000
575 E Troy St, Ferndale, MI 48220
6beds
9,194sqft
Multi Family
Built in 1972
-- sqft lot
$1,232,100 Zestimate®
$131/sqft
$1,878 Estimated rent
Home value
$1,232,100
$1.15M - $1.32M
$1,878/mo
Zestimate® history
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$1,878/mo
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$1,878/mo
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$6,413/mo
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$6,413/mo
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Loft style apartments
Zillow last checked:
Listing updated:
Listed by:
Brady Williams 360-989-5395,
Greater Development LLC
Bought with:
Brady Williams, 6501413257
Greater Development LLC
Source: Realcomp II,MLS#: 20250037682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Electric
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 9,194 sqft
- Finished area above ground: 9,194
Property
Parking
- Total spaces: 1
Features
- Levels: Story 4 to 10
- Pool features: None
Lot
- Size: 0.25 Acres
- Dimensions: 100 x 10890
Details
- Parcel number: 2534226013
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ferndale
- Subdivision: THE LITTLE FARMS SUB
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $1,200,000$131/sqft |
Source:  Realcomp II #20250037682 Report a problem | ||
| 5/21/2025 | Listed for sale | $1,200,000$131/sqft |
Source: Realcomp II #20250037682 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 48220
Nearby schools
GreatSchools rating
- 5/10Ferndale Upper ElementaryGrades: K-6Distance: 1.9 mi
- 6/10Ferndale Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Ferndale High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,232,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,232,100
- Michigan
- Oakland County
- Ferndale
- 48220
- 575 E Troy St
Nearby cities
Nearby zip codes
Other Ferndale Topics
