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Farmington, MI Apartment Buildings for Sale

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Farmington Hills, MI Livonia, MI Southfield, MI Novi, MI Northville, MI Redford, MI West Bloomfield, MI Bloomfield Twp, MI
Mixed-Use Building in Downtown Farmington
Updated: Oct 22, 2025
Mixed-Use Building in Downtown Farmington

32821-32905 Grand River Ave, Farmington, MI 48336

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9,584 sqft 0.76 AC lot
Rare mixed‑use investment property in Downtown Farmington, a highly desirable location.
Fully equipped, operating restaurant (Crazy Crab) with liquor license and 172 total seats (indoor and patio).
Three fully leased apartments with individual utilities and below‑market rents, offering immediate income upside.
Approved Planned Unit Development (PUD) project allowing for Phase II expansion (2‑4 story mixed‑use addition).
Modernized infrastructure, elevator access, and ample on‑site parking (39 spaces).
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Multifamily
Updated: Apr 12
Multifamily

32450 Grand River Avenue, Farmington, MI 48336

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Multifamily property with 8 units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Farmington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Garden-Style Apartment Community
Garden-Style Apartment Community

15925 W 11 Mile Rd, Southfield, MI 48076

$1,375,000
7,600 sqft 0.70 AC lot

8-unit, fully occupied garden-style community with in-unit washer/dryer and 14 parking spaces on two two-story buildings.

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Two-Story Apartment Building
Two-Story Apartment Building

24290 Seven Mile W, Detroit, MI 48219

$3,300,000
40,970 sqft

Two-story apartment building with 60 units, built in 1960, offers 1- and 2-bedroom unit mix.

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Multifamily Property in Detroit
Multifamily Property in Detroit

23503 Seven Mile W, Detroit, MI 48219

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14,145 sqft

40-unit multifamily property with 100% occupancy in Detroit.

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Southfield Apartment Building Portfolio
Southfield Apartment Building Portfolio

26717 Berg Rd, Southfield, MI 48033

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280,000 sqft

Apartment building portfolio in Southfield's thriving rental market.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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Farmington, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Farmington, MI on our real estate platform. These investment opportunities span a total of 9,584 square feet of properties for sale.

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Demographics Overview

Population 92K
Population Growth (5Y) +3.0%
Median Household Income $99,578
College Educated 57.6%

Taxes & Financing

Tax Rate (average for all types) 3.94%
Property Tax per SF $54.37 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Farmington fall within the 100,000+ square foot range.

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