Apartment Building

Novi, MI Apartment Buildings for Sale

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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, 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.

12-Unit Residential Income Property
12-Unit Residential Income Property

28214 Oakmonte Cir W, New Hudson, MI 48165

$3,350,000
17,570 sqft

Well-maintained 12-unit condo building with all units occupied and a mix of 2- and 3-bedroom layouts.

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12-Unit Multifamily Condo Building
12-Unit Multifamily Condo Building

28214-28234 Oakmonte Circle West, New Hudson, MI 48165

$3,350,000
17,570 sqft

Well-maintained 12-unit condo building with a mix of 2- and 3-bedroom units, all currently occupied.

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16-Unit Apartment Building
16-Unit Apartment Building

19131 Lahser Rd, Detroit, MI 48219

$900,000

Sixteen-unit building with most units occupied, offering income and leasing flexibility in a walkable, transit-accessible area.

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Multifamily Property in Detroit
Multifamily Property in Detroit

23503 Seven Mile W, Detroit, MI 48219

$2,290,000
14,145 sqft

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

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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 Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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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 two-family homes in Novi, MI start at $4,300,000, averaging $4,300,000, and reaching up to $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%

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Oakland County

Retail

Residential Income

Property Size Breakdown

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

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