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    Detroit Multifamily Investment Opportunity
    Updated: Apr 16
    Detroit Multifamily Investment Opportunity

    13660 Ohio Street, Detroit, MI 48238

    $725,000
    5,832 sqft 0.28 AC lot
    Brick multifamily built in 1927 with forced‑air heating and public water service
    8‑unit rental property with 100% occupancy and all units updated and leased
    Unit mix: eight 2‑bedroom units with 1 full bathroom each
    Current income of $1,000 per month per unit
    Each unit has its own furnace
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    This listing looks promising.

    Here's a quick look at some key insights for

    13660 Ohio Street, Detroit, MI 48238

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $874K
      Above asking

    • Property Type

      Residential Income
      Built 1927
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    Three-Unit Residential Income Property
    Updated: Jul 7
    Three-Unit Residential Income Property

    316 Huron Street, Traverse City, MI 49686

    $550,000
    2,636 sqft 0.34 AC lot
    Duplex plus separate non‑conforming cottage (3 income‑producing units) with gross rental income of $4,790 per month
    Unit A (main level): 3 bedrooms, 1 bath, and attached two‑car garage
    Unit B (upper level): 2 bedrooms, 1 bath, in‑unit laundry, and private deck
    Unit C (cottage, non‑conforming): 1 bedroom and 1 bath
    Interior features include foyer entrance and mud room; appliances include refrigerator, oven/range, dishwasher, washer, and dryer
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    Mixed-Use Pub with Apartment
    Mixed-Use Pub with Apartment

    31 Trimountain Avenue, South Range, MI 49965

    $579,000
    3,552 sqft 0.39 AC lot

    Renovated commercial building with a pub and an upstairs three-bedroom, two-bath unit used as a short-term rental.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    3467 S Summerton Road, Mt Pleasant, MI 48858

    $524,900
    5,600 sqft 1.50 AC lot

    Well-maintained 7-unit building with updated interiors, including four two-bedroom and three one-bedroom apartments.

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    10-Unit Multifamily Apartment Building
    10-Unit Multifamily Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    A renovated, smoke-free 10-unit apartment property with coin laundry, tenant-controlled HVAC, and extensive parking.

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    Brick Four-Unit Multi-Family Building
    Brick Four-Unit Multi-Family Building

    725 Clark Street, Brighton, MI 48116

    $700,000
    3,700 sqft 0.46 AC lot

    Four remodeled rental units, each with air conditioning and appliances, plus shared basement laundry in a low-maintenance brick exterior.

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    10-Unit Apartment Building on US-41
    10-Unit Apartment Building on US-41

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft 1.03 AC lot

    10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.

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    15-Unit Multifamily Apartment Building
    15-Unit Multifamily Apartment Building

    1019 E Broadway Street, Mt Pleasant, MI 48858

    $969,900
    13,200 sqft 1.35 AC lot

    15-unit multifamily property with access to key employment and entertainment drivers near major regional transportation.

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    Vacation Rental Cabin Property
    Vacation Rental Cabin Property

    Free Soil, MI 49411

    $565,000
    3,001 sqft 2.33 AC lot

    Seven private-bath vintage cabins on US-31, positioned for short-term stays with an on-site larger cabin setup.

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    Fully Renovated 18-Unit Apartment Building
    Fully Renovated 18-Unit Apartment Building

    13233 La Salle Boulevard, Detroit, MI 48238

    $999,999
    9,000 sqft 0.20 AC lot

    An 18-unit brick multifamily property offering renovated 1- and 2-bedroom units with current occupancy for immediate income potential.

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    Updated Multifamily with Private Decks
    Updated Multifamily with Private Decks

    13662 Red Arrow Highway, Harbert, MI 49115

    $2,850,000
    8,000 sqft 0.35 AC lot

    Fully updated multi-unit property with professionally designed units, each featuring a private deck and currently operating as a short-term rental.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot

    Fully leased mixed-use building with street-level retail and five second-floor apartments, plus recent roof improvements.

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    Updated 4-Unit Residential Quadplex
    Updated 4-Unit Residential Quadplex

    1627 Rasho Road, Traverse City, MI 49696

    $849,000
    5,008 sqft 1.10 AC lot

    Four updated units with shared entry and common laundry, plus detached garage and outdoor space on over an acre.

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    Mixed-Use Investment with Apartments
    Mixed-Use Investment with Apartments

    101 N Lowell Street, Ironwood, MI 49938

    $599,000
    13,062 sqft 1.44 AC lot

    Three-story brick apartment building plus an adjacent mixed-use building with commercial space and a second-floor apartment.

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    Otsego Lake Multifamily Cottage Property
    Otsego Lake Multifamily Cottage Property

    3551 W Otsego Lake Drive, Gaylord, MI 49735

    $895,000
    3,169 sqft 2.40 AC lot

    Unique multifamily property on Otsego Lake with rental history.

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    Historic Corner Income Building with 15-Foot Ceilings
    Historic Corner Income Building with 15-Foot Ceilings

    227 E Michigan Avenue, Marshall, MI 49068

    $585,000
    3,701 sqft 0.07 AC lot

    Restored bank-turned building offers multiple turnkey units, 15-foot ceilings, a rooftop patio, and private parking.

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    Waterfront Residential Income Property
    Waterfront Residential Income Property

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000
    4,736 sqft 53.00 AC lot

    Renovated multi-unit estate with private lake frontage, offering flexible residential income use on a large acreage parcel.

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    Turn-Key Multifamily Investment Opportunity
    Turn-Key Multifamily Investment Opportunity

    51 SPOKANE Drive, Pontiac, MI 48341

    $1,900,000
    12,746 sqft 1.15 AC lot

    Profitable 18-unit apartment complex with recent renovations and strong income potential.

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    Four-Unit Lakeside Resort Property
    Four-Unit Lakeside Resort Property

    229 E Lake Emily Road, Crystal Falls, MI 49920

    $519,900
    2,276 sqft 1.59 AC lot

    Four rental units with 202 feet of sandy lake frontage, plus a permanent pier and guest-ready fishing utilities.

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    Stabilized Multifamily Community in Fenton
    Stabilized Multifamily Community in Fenton

    13366 North Rd, Fenton, MI 48430

    $1,551,000
    5,184 sqft 1.70 AC lot

    12-unit apartment community with immediate cash flow and growth potential.

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    Mixed-Use Building in Downtown Douglas
    Mixed-Use Building in Downtown Douglas

    98 W Center Street, Douglas, MI 49406

    $1,490,000
    4,548 sqft 0.20 AC lot

    Three-story commercial/residential building with income potential in downtown Douglas.

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    Detroit Multifamily Investment Opportunity
    Detroit Multifamily Investment Opportunity

    10400 Whittier Street, Detroit, MI 48224

    $500,000
    10,222 sqft 0.21 AC lot

    16-unit apartment building with value-add potential in Detroit.

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    Mixed-Use Building with Ground-Floor Retail
    Mixed-Use Building with Ground-Floor Retail

    209-219 E Main Street, Benton Harbor, MI 49022

    $1,300,000
    20,380 sqft 0.23 AC lot

    Mixed-use building with four ground-floor retail units and eight upstairs apartments.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    14318 E Jefferson Avenue, Detroit, MI 48215

    $749,900
    5,874 sqft 0.16 AC lot

    Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

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    Michigan Multifamily Properties Market Trends and Statistics

    Explore 1947 multifamily properties for sale in Michigan, showcased through 1947 active listings on our real estate platform. These investment opportunities span a total of 3,762,989 square feet of properties for sale, with an estimated market value of $411,449,233.

    Sale prices for multifamily properties in Michigan start at $30,000, averaging $556,012, and reaching up to $25,000,000 — 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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