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    Richmond, MI
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    Richmond, MI Apartment Buildings for Sale

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    Downtown Mixed-Use Building with Apartments
    Updated: Jul 26
    Downtown Mixed-Use Building with Apartments

    69206 N Main St, Richmond, MI 48062

    $649,900
    4,860 sqft
    4,860‑square‑foot mixed‑use building constructed in 1920
    Medical sports recovery clinic operating from Suite 1‑A
    Five additional apartments with leases in place
    B‑2 Downtown zoning allows commercial uses on the first two floors
    Front and rear doors with sidelights and transoms updated in 2026
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    25-Unit Multifamily Apartment Building
    Updated: Jul 22
    25-Unit Multifamily Apartment Building

    36984 Division Rd, Richmond, MI 48062

    $2,490,000
    11,808 sqft
    Well‑maintained 25‑unit multifamily property built in 1982
    Currently 100% occupied with Net Operating Income (NOI) of $191,560
    Approximately 180 feet of road frontage on Division Road
    Easy access to M‑19 and surrounding communities
    Spacious units and ample parking plus a large lot
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    See what stands out in Macomb 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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, 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.

    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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    28-Unit Apartment Building
    28-Unit Apartment Building

    45437 Deshon St, Utica, MI 48317

    Contact for pricing
    25,200 sqft 1.11 AC lot

    Two-bedroom units feature granite countertops, stainless steel appliances, and private patios.

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    Updated Condo with Community Amenities
    Updated Condo with Community Amenities

    Utica, MI 48316

    Contact for pricing
    1,066 sqft

    Updated 2 bed, 1 bath condo with community amenities.

    View details
    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.

    View details

    Richmond, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Richmond, MI on our real estate platform. These investment opportunities span a total of 16,668 square feet of properties for sale, with an estimated market value of $3,139,900.

    Sale prices for two-family homes in Richmond, MI start at $649,900, averaging $1,569,950, and reaching up to $2,490,000 — 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 9,273
    Population Growth (5Y) -3.4%
    Median Household Income $75,763
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48062 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 4.76%
    Property Tax per SF $84.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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