Michigan Multifamily Properties for Sale

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2,278 properties

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Updated: Aug 20

Mixed-Use Property With Storefronts

23589 Van Born Road, Taylor, MI 48180

$699,900

6,642 sqft 0.10 AC lot

6,642‑square‑foot mixed‑use property with two commercial storefronts and two residential apartments
Two leased apartments, each with 3 bedrooms, 1 bathroom, and almost 1500 square feet
Commercial spaces include a salon layout and an open photography studio
Corner location at Van Born Road and Telegraph Road in Taylor, MI
Sale includes neighboring garage and parking lot

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23589 Van Born Road, Taylor, MI 48180

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$63K
Annual
Mortgage

$140K
Feb 2021
Property Type

Retail Stores
Built 1953

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Updated: Aug 25

7-Unit Apartment Building with Porches

1523 Saint Clair River Drive, Algonac, MI 48001

$595,000

4,565 sqft 0.17 AC lot

7‑unit apartment property with 4,565 square feet of building area
0.17‑acre parcel in Algonac, MI
Interior updates completed within the last 5 years, including flooring, tile bathrooms, and paint
Updated interior sewer lines and coin‑operated washer and dryer
Separate meters for gas and electric

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Restored Cottage Court Resort

917 S Bayshore Drive, Elk Rapids, MI 49629

$1,750,000

4,000 sqft 5.88 AC lot

Waterfront-area hospitality property with individually renovated cottages, shared guest amenities, and an on-site owners’ residence.

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Two-Story Apartment Building

29425 W Jefferson Avenue, Rockwood, MI 48173

$1,900,000

12,144 sqft 1.32 AC lot

Twenty-four-unit apartment property with a varied unit mix, basement, municipal utilities, and on-site parking.

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Remodeled 18-Unit Apartment Building

St Joseph, MI 49085

$2,495,000

14,086 sqft 0.81 AC lot

Brick multifamily property with in-unit laundry and separately metered tenant-paid electric.

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Three-Building Apartment Property

4987 Loeb Road, Charlevoix, MI 49720

$1,495,000

6,317 sqft 2.00 AC lot

Leased apartment compound with commercial zoning, established improvements, and capacity for an additional unit.

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Four-Unit Brick Quadplex

681 W Canfield Street, Detroit, MI 48201

$1,200,000

7,000 sqft 0.10 AC lot

Income-producing residential property with renovated systems, dedicated parking, and three occupied apartments.

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Four-Unit Carriage House

681 W Canfield Street, Detroit, MI 48201

$1,200,000

7,000 sqft

Preserved multifamily property with apartment-scale layouts, dedicated parking, and substantial capital improvements in Midtown Detroit.

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Resort With Canoe Livery

505 Rainbow Park Trail, Mio, MI 48647

$650,000

11,000 sqft 2.53 AC lot

Hospitality property with rental cabins, an owner’s residence, and supporting commercial improvements.

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Historic Queen Anne Quadplex

669 W Canfield Street, Detroit, MI 48201

$1,450,000

5,687 sqft 0.22 AC lot

Four-unit residential income property with a renovated carriage house, private driveway, backyard, and extensive system upgrades.

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Six-Unit Duplex Portfolio

1447 Albany St, Ferndale, MI 48220

$960,000

4,502 sqft

Fully leased bungalow-style duplex assets span established neighborhoods in Ferndale and Royal Oak.

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Waterfront Resort With Guest Lodging

N3294 STATE HIGHWAY M35, Menominee, MI 49858

$1,650,000

6,136 sqft 2.64 AC lot

Multiple cottages, cabins, and an event-oriented building create a flexible waterfront accommodations property.

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Mixed-Use Property with Retail and Residence

208 S Elm Street, Three Oaks, MI 49128

$1,975,000

16,474 sqft 1.54 AC lot

Combined retail, residential, and storage improvements with additional land along US-12 in Three Oaks.

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Mixed-Use Property With Retail

4165 Cass Ave, Detroit, MI 48201

$1,800,000

11,413 sqft

Six apartments and three retail tenants support a combined residential and commercial configuration.

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Mixed-Use Property with Rental Units

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000

10,580 sqft

Versatile commercial property combining residential accommodations, office or retail areas, and on-site parking in an established downtown setting.

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Fully Renovated Apartment Building

13233 La Salle Boulevard, Detroit, MI 48238

$999,999

9,000 sqft 0.20 AC lot

Renovated 18-unit multifamily building with one- and two-bedroom apartments, forced-air heat, and public water.

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30-Unit Apartment Building

21124 Schoolcraft, Detroit, MI 48223

$1,650,000

19,500 sqft 0.42 AC lot

1968-built, B4-zoned 30-unit apartment property with one-bedroom units, on-site parking, and immediate access to I-96 and M-39.

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10-Unit Apartment Portfolio

218 S COTTAGE STREET, Cadillac, MI 49601

$575,000

6,100 sqft

Three nearby rental properties offer off-street parking and access to downtown shopping, dining, entertainment, and employment.

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48-Unit Multifamily Apartment Community

23411 Fenkell, Detroit, MI 48223

$2,640,000

54,309 sqft 2.27 AC lot

48-unit apartment community on 2.27 acres with separate electric metering, refurbished boilers, and rebuilt balconies.

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Hotel Property with Lake Views

1757 N Manitou Trail, Leland, MI 49654

$4,200,000

9,244 sqft 4.33 AC lot

Hospitality property with multiple buildings, short-term lodging units, and private frontage on North Lake Leelanau.

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Waterfront Cabin Resort

127 128 Oneida Dr, Houghton Lake, MI 48629

$1,350,000

6,800 sqft 1.50 AC lot

Turnkey Northern Michigan waterfront operation with multiple log cabins, private docks, and a waterfront owner’s home.

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10-Unit Multifamily Portfolio

314 E PINE, Cadillac, MI 49601

$575,000

6,100 sqft

Three nearby rental properties offer established occupancy and convenient access to downtown Cadillac amenities.

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Six-Unit Apartment Building

320 Koch Ave, Ann Arbor, MI 48103

$1,700,000

4,248 sqft

R4B-zoned multifamily property with fully occupied units in Ann Arbor.

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Hotel Property With Lake Views

1757 N Manitou Trail, Leland, MI 49654

$4,200,000

9,244 sqft 4.33 AC lot

Hospitality property comprising multiple buildings and short-term lodging units near North Lake Leelanau.

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Michigan Multifamily Properties Market Trends and Statistics

Explore 2278 multifamily properties for sale in Michigan, showcased through 2278 active listings on our real estate platform. These investment opportunities span a total of 8,573,682 square feet of properties for sale, with an estimated market value of $931,765,756.

Sale prices for multifamily properties in Michigan start at $30,000, averaging $456,077, and reaching up to $21,000,000 — 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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