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Farmington, MI Apartment Buildings for Sale

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Farmington Hills, MI Livonia, MI Southfield, MI

Mixed-Use Building in Downtown Farmington

$3,000,000

9,584 SF

Mixed-Use Building in Downtown Farmington

32821-32905 Grand River Ave, Farmington, MI 48336

Two-story mixed-use building with restaurant and apartments in Farmington, MI.

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).

Updated: Oct 22, 2025

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

$760,000

Farmington Hills 6-Unit Apartment Building

Fully occupied 6-unit apartment building in Farmington Hills with investment potential.

21304 Ontaga St, Farmington Hills, MI 48336

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$6,750,000

2.34 Acres

Detroit Apartment Community For Sale

Well-maintained, 138-unit apartment community with strong cash flow.

23740 Fenkell Street, Detroit, MI 48223

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$2,290,000

14,145 SF

Multifamily Property in Detroit

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

23503 Seven Mile W, Detroit, MI 48219

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Mixed-Use Building with Commercial Space

$1,750,000

9,388 SF

Mixed-Use Building with Commercial Space

Mixed-use building with apartments and commercial space for sale.

29222 Grand River Ave, Farmington Hills, MI

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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.

$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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Brooklyn Two-Family Home with Development Potential

$1,888,888

0.10 Acres

Brooklyn Two-Family Home with Development Potential

Two-family home on a large lot with significant development potential.

69 Martense Street, Brooklyn, NY 11226

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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Farmington, MI Apartment Buildings Investment Opportunities Market Analysis

Explore 1 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, with an estimated market value of $3,000,000.

Sale prices for two-family homes in Farmington, MI start at $3,000,000, averaging $3,000,000, and reaching up to $3,000,000 — 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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Operating Costs & Financing

Average Loan-to-Value is 65.0%.

Effective Property Tax $54.37 per sq ft

Tax Rate (average for all types) 3.94%

Avg Loan-to-Value 65.0%

Property Size Breakdown

Most commercial real estate listings in Farmington range 100,000+ sqft.

New Listings Trend, 12 Mo

Number of new listings by month over the past year in Farmington.

Farmington Demographics Overview

Population 92K

Population Growth (5Y) +3.0%

Median Household Income $99,578

College Educated 86.4%

Top Neighborhoods for Investment

Discover the areas of Farmington with the highest concentration of for-sale assets and compare their average market prices.

Neighborhood	Price Range	Average Price
48334	$150K - 150K	$150K
48335	$2.5M - 2.5M	$2.5M
48336	$249K - 6.9M	$3.6M

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Farmington, MI Apartment Buildings for Sale

Mixed-Use Building in Downtown Farmington

Two-story mixed-use building with restaurant and apartments in Farmington, MI.

Opportunities in Nearby Cities