Apartment Building

Novi, MI Apartment Buildings for Sale

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Wixom, MI South Lyon, MI Northville, MI Walled Lake, MI Commerce Township, MI Farmington Hills, MI Milford, MI Farmington, MI
Apartment Building with Geothermal HVAC
Updated: Jun 2
Apartment Building with Geothermal HVAC

26095 Taft Road, Novi, MI 48374

$4,300,000
17,359 sqft 11.53 AC lot
17,359 SF building on 11.53 acres built in 2009
Zoned RT‑PRO & R1 Residential
12 one‑bedroom apartments with geothermal heating and cooling
Includes community room, dining room, and a commercial kitchen
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, 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.

168-Unit Apartment Building
168-Unit Apartment Building

24224 Seven Mile W, Detroit, MI 48219

$7,990,000
186,800 sqft 2.77 AC lot

Three-story multifamily property with one- and two-bedroom residences plus shared communal areas.

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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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8-Unit Ranch-Style Apartment Community
8-Unit Ranch-Style Apartment Community

26640 Orchard Lake Road, Farmington, MI 48334

$3,000,000

Modern multifamily property with private entrances, attached garages, in-unit laundry, and dedicated office or den space.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

29222 GRAND RIVER AVE, Farmington, MI 48336

Contact for pricing

Combines first-floor retail or office space with renovated apartments and on-site parking.

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Novi, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 17,359 square feet of properties for sale, with an estimated market value of $4,300,000.

Sale prices for apartment complexes in Novi, MI average $4,300,000 — 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 62K
Population Growth (5Y) +11.9%
Median Household Income $124,389
College Educated 67.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48374 $4.3M

Taxes & Financing

Tax Rate (average for all types) 4.06%
Property Tax per SF $88.65 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 Novi fall within the 100,000+ square foot range.

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