Apartment Building

Algonac, MI Apartment Buildings for Sale

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7-Unit Apartment Building with Porches
Updated: Aug 25
7-Unit Apartment Building with Porches

1523 Saint Clair River Drive, Algonac, MI 48001

$595,000
4,565 sqft 0.17 AC lot
7‑unit apartment property with 4,565 square feet of building area
0.17‑acre parcel in Algonac, MI
Interior updates completed within the last 5 years, including flooring, tile bathrooms, and paint
Updated interior sewer lines and coin‑operated washer and dryer
Separate meters for gas and electric
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See what stands out in St. Clair County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Algonac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Building with Apartments
Downtown Mixed-Use Building with Apartments

69206 N Main St, Richmond, MI 48062

$649,900
4,860 sqft

Historic downtown property combines a medical clinic suite with leased apartment units and B-2 zoning for commercial use on the first two floors.

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25-Unit Multifamily Apartment Building
25-Unit Multifamily Apartment Building

36984 Division Rd, Richmond, MI 48062

$2,490,000
11,808 sqft

Well-maintained 25-unit multifamily property currently 100% occupied with ample parking and a large lot.

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5-Unit Apartment Building
5-Unit Apartment Building

Mount Clemens, MI 48043

$219,900
1,969 sqft 0.17 AC lot

Fully occupied multifamily property with separate utilities, public water, and a two-story Colonial design.

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Mount Clemens Multifamily Investment Opportunity
Mount Clemens Multifamily Investment Opportunity

104 Grand Ave, Mount Clemens, MI 48043

$219,900

Fully occupied 5-unit building in Mount Clemens with long-term tenants.

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Algonac, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Algonac, MI on our real estate platform. These investment opportunities span a total of 4,565 square feet of properties for sale, with an estimated market value of $595,000.

Sale prices for two-family homes in Algonac, MI average $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -3.2%
Median Household Income $64,538
College Educated 24.1%

High-Yield Neighborhoods for Investment

Identify Algonac submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48001 $595K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Property Tax per SF $67.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

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