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    River Rouge, MI Apartment Buildings for Sale

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    Detroit, MI Ecorse, MI Dearborn, MI Melvindale, MI Lincoln Park, MI Wyandotte, MI Allen Park, MI Southgate, MI
    Ranch-Style 6-Unit Multifamily
    Updated: May 9
    Ranch-Style 6-Unit Multifamily

    248 Richter St, River Rouge, MI 48218

    $319,900
    Fully occupied 6‑unit multifamily building, single‑story ranch‑style, built in 1957
    Unit mix: four 2‑bedroom units and two 1‑bedroom units, each with its own private bathroom
    Gross rental income of approximately $55,200 annually with estimated annual NOI of approximately $43,000
    Tenants pay their own gas and electric utilities
    Corner lot with on‑site parking
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in River Rouge, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Ecorse Multifamily Investment Opportunity
    Ecorse Multifamily Investment Opportunity

    3807 19th Street, Ecorse, MI 48229

    $485,000
    10,744 sqft 0.15 AC lot

    Six-unit multifamily property with value-add potential in Ecorse, Michigan.

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    15-Unit Apartment Complex
    15-Unit Apartment Complex

    3844 12th St, Ecorse, MI 48229

    $250,000
    9,750 sqft

    15-unit multifamily property with recent interior and exterior enhancements, plus current annual rent revenue and NOI provided.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    1521 Electric Avenue, Lincoln Park, MI 48146

    $750,000

    Eight tenant-occupied units are split across two buildings, with on-site laundry and a shared parking lot.

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    Fully Renovated Multifamily Building
    Fully Renovated Multifamily Building

    1470 Paris Avenue, Lincoln Park, MI 48146

    $1,399,000

    Fully renovated 12-unit building with 1 bed, 1 bath layouts and separately metered electric and gas.

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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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    Off-Market Properties in River Rouge, MI

    Consider similar Off-Market properties in River Rouge, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    77 Great Lakes St
    Multifamily properties

    77 Great Lakes St, River Rouge, MI 48218

    Value Estimation by Request
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    75 Great Lakes St
    Multifamily properties

    75 Great Lakes St, River Rouge, MI 48218

    Value Estimation by Request
    View details

    River Rouge, MI Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in River Rouge, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $319,900.

    Sale prices for two-family homes in River Rouge, MI start at $319,900, averaging $319,900, and reaching up to $319,900 — 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 16K
    Population Growth (5Y) -4.0%
    Median Household Income $39,709
    College Educated 10.8%

    Taxes & Financing

    Tax Rate (average for all types) 8.31%
    Property Tax per SF $78.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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