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    70190 Main St Richmond, MI 48062

    For Sale
    $575,000

    Multi-Family, 2 Story - Richmond, MI

    Property size:
    4,662 SF
    Lot size:
    0.34 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 70190 Main St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    6
    APN
    07-03-35-276-046
    Parking features
    Carport
    Patio and Porch features
    Porch
    Interior features
    Fire Sprinkler
    Exterior features
    Porch
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    4,662 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Radiant
    Cooling system
    Ceiling Fan(s), Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    5
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Keller Williams Realty Macomb-St. Clair Market Center (586) 949-0200 [email protected]

    Listing agent Pam MacKay-LeVien (586) 949-0200 License #6506044252

    Listing date Nov 25, 2025

    MLS# 50194315 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Multi-Family Investment Opportunity

    This fully occupied five-unit multi-family property presents an investment opportunity, situated minutes from Downtown Richmond. The property consists of two separate buildings. The main house is a triplex featuring a one-bedroom, one-bath unit of approximately 600 square feet, a two-bedroom, one-bath unit of approximately 850 square feet, and a two-bedroom, two-bath unit of approximately 1,100 square feet with a finished basement and carport. Each unit has been maintained with updates such as newer furnaces, hot water tanks, AC wall units, flooring, and kitchen and bath remodels. The rear duplex was fully converted in 2021 from a storage structure into two modern apartments. The renovation included all-new utilities for gas, water, sewer, and electric, along with new interiors, fixtures, flooring, and a fire suppression system. One unit offers three bedrooms and one bath, and the other includes two bedrooms, one bath, and a small office. All units are separately metered for gas, electric, and water. The property is situated on a 0.34-acre lot. Tenants are currently on month-to-month leases. This property is a turnkey, income-producing investment in Richmond. The property size is 4,662 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Macomb
    State
    Michigan
    Longitude
    -82.759228
    Latitude
    42.817929

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied five-unit property near Downtown Richmond.
    Where is this apartment building located?
    The property is located at 70190 Main St Richmond, MI.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Fully occupied, income-producing five-unit multi-family property.; - Prime Richmond location, minutes from Downtown.; - Separately metered units for gas, electric, and water, reducing operating expenses.
    (586) 949-0200
    Request Owner's contact information
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    Richmond, MI 48062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70190 Main St Richmond, MI 48062
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