Building Details

Year Built 1982

Listing Agency: Grosse Pointe Apartments LLC g***@gmail.com Show Phone

Listed By: Anna Bartolotta · License #MISPE-6502396914

Source: Exitrealty

Added: Jan 24, 2025 Changed: Aug 30 Last Checked: Aug 30 at 5:31PM

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Investment Insights

Based on property information with market context.

This one-bedroom multifamily unit offers approximately 700 square feet of living space and was built in 1982. Water service, lawn care, and snow removal are included, while pets are not permitted. Section 8 availability is supported.

The property is located at 36980 Division Road in Richmond, Michigan. Move-in and applicant requirements should be confirmed directly as part of the leasing process.

Key Highlights

• Section 8 available
• One‑bedroom unit with approximately 700 square feet
• Water, lawn care, and snow removal included

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Gym & Fitness Center Daycare Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

213

Businesses Nearby

Explore this area Business Placement

Demographics for 48062, MI

9,375

Population

3,631

Households

2.6

Avg Household Size

43

Median Age

25%

College-Educated

86%

High-School Grad

39.5 sq mi

ZIP Area

237

Density / Sq Mi

$75,763

Median Household Income

$39,181

Median Earnings

$882

Median Rent

$249,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Section 8-available residence with water, lawn care, and snow removal included.

Where is this multifamily property located?

The property is located at 36980 Division Road Richmond, MI.

What are key features of this property?

This property features: Section 8 available; One‑bedroom unit with approximately 700 square feet; Water, lawn care, and snow removal included