1489 Woodward HeightsFerndale City, MI 48220
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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!
| 7 days ago | Price changed to $250,000 | |
| 7 days ago | Listing updated with changes from the MLS® | |
| 3 months ago | Listing first seen on site |
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