SoldJul 22, 2025

Listed and Bought with Brady Williams from Greater Development LLC

Source: Multiple Listing Service MiRealSource #60396233

575 East Troy Street, Ferndale, MI, 48220

$1,200,000

8
9194 sq. ft.
0.25 ac.

MultiFam

•

27 days on the market

Sold: Jul 22, 2025

What's around 575 East Troy Street

About this property

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.

Looking for more information on 575 East Troy Street?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldJul 23, 2026
$365,000
1785 Channing Street
Ferndale MI 48220
2
Multi-Family
Listing courtesy of Berkshire Hathaway HomeServices The Loft Warehouse and LPS
SoldJul 14, 2026
$310,000
212 Ardmore Drive
Ferndale MI 48220
3
Multi-Family
Listing courtesy of Good Company and LPS
SoldJul 2, 2026
$313,800
366 West Bennett Avenue
Ferndale MI 48220
2
Multi-Family
Listing courtesy of Brookstone, Realtors LLC and LPS

Other properties sold by Greater Development LLC

SoldNov 1, 2025
$1,850,000
10660 East Holly Road
Oakland County MI 48350
22
Multi-Family
Listing courtesy of Greater Development LLC and LPS
SoldOct 14, 2025
$1,100,000
96 Village Court
Ortonville MI 48462
8
Multi-Family
Listing courtesy of Greater Development LLC and LPS

Browse properties sold in nearby areas

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright [current year] MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent