For Sale

Listed by Alyse Robertelli and Candice Van Slembrouck from KW Domain

Source: Multiple Listing Service MiRealSource #61038238

3315 McDowell St, Ferndale, MI, 48220

$875,000

6
3386 sq. ft.
0.18 ac.

MultiFam

•

What's around 3315 McDowell St

About this property

An exceptional investment opportunity offering 3 spacious, thoughtfully designed 2-bedroom units in a modern, newer construction (built in 2020), low-maintenance building. Ideally positioned in one of Metro Detroit's most sought-after rental markets, this property allows investors to acquire a stabilized, income-producing asset with strong tenant appeal, predictable operating expenses, and immediate value-add/owner-occupancy potential. This exceptional multi-family opportunity features three identical units, each offering a generous 1,130 square feet of comfortable living space complete with 2 bedrooms and 1.5 bathrooms. Designed for modern convenience, every residence includes a dedicated second-floor laundry room and an oversized single-car private garage ideal for vehicle parking and extra storage. Maintenance is hassle-free thanks to newer construction quality that minimizes near-term capital expenditure requirements. Operating expenses remain predictable and landlord-paid utility burdens are completely eliminated by separately metered gas, electric, and water, while independent furnaces and central air conditioning systems ensure individual comfort control for every home. Foundation lot to the North of this property can be purchased with MLS #20261067860 for a total of $1,000,000. Subject to seller obtaining municipal approval of land spilt and easement for shared driveway. 2/3 units are currently under lease.

Looking for more information on 3315 McDowell St?

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

Contact

Similar properties for sale nearby

For Sale
$619,000
425 Vester Street
Ferndale MI 48220
4
Multi-Family
Listing courtesy of Keller Williams Legacy
For Sale
$325,000
316 Spencer Street
Ferndale MI 48220
2
Multi-Family
Listing courtesy of @properties Christie's Int'l R.E. Birmingham
For Sale
$1,000,000
552 Laprairie Street
Ferndale MI 48220
2
Multi-Family
Listing courtesy of REMAX First | Royal Oak

Other properties for sale by KW Domain

For Sale
$1,200,000
285 Leota Blvd
Waterford Township MI 48327
6
6
3
Single-Family
Listing courtesy of KW Domain
For Sale
$2,999,000
221 Charing Cross Court
Bloomfield Hills MI 48304
5
8
4
Single-Family
Listing courtesy of KW Domain
For Sale
$220,000
429 Fox Hills Drive North
Bloomfield Hills MI 48304
2
2
Townhouse
Listing courtesy of KW Domain

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.

© 2026 RateMyAgent