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    Addison, MI
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    Addison, MI Multifamily Properties for Sale

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    Two-Unit Duplex with Separate Meters
    Updated: May 1
    Two-Unit Duplex with Separate Meters

    106 N Talbot Street, Addison, MI 49220

    $160,000
    2,400 sqft 0.04 AC lot
    Duplex with 2 bedrooms and 1 full bath in each unit
    Each unit has its own furnace and water heater (water heater and furnaces approximately 5 years old)
    Separately metered utilities allow tenants to pay their own expenses
    Heating: forced air; cooling includes central air plus window unit(s)
    Extensive updates include fresh paint, new flooring, and updated electrical
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    Addison Mill Pond Development Opportunity
    Updated: Mar 11
    Addison Mill Pond Development Opportunity

    427 N STEER St, Addison, MI 49220

    $600,000
    12,235 sqft 7.20 AC lot
    7.20 acre property with approximately 875' of frontage on Addison Mill Pond
    Includes a 12,235 sq ft former Addison Bariatric Hospital
    Additional 1,800 sq ft building currently leased for $2,000.00 per month
    Development potential for multi‑family, senior housing, self‑storage, and other uses
    Hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts
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    Addison Mill Pond Development Opportunity
    Addison Mill Pond Development Opportunity

    427 N STEER, Addison, MI 49220

    $600,000
    12,235 sqft 7.20 AC lot

    7.20 acre property with hospital and development potential.

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    7.20 Acre Development Opportunity
    7.20 Acre Development Opportunity

    427 N Steer St, Addison, MI 49220

    $600,000
    14,035 sqft 7.20 AC lot

    7.20 acre property with frontage on Addison Mill Pond.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Addison, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Fully Occupied Multifamily Investment Property
    Fully Occupied Multifamily Investment Property

    409 Connor St, Onsted, MI 49265

    $805,000
    0.31 AC lot

    Two buildings with seven units, fully occupied with rental income.

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    Multi-Family Investment Opportunity
    Multi-Family Investment Opportunity

    409 Connor Street, Onsted, MI 49265

    $805,000
    0.31 AC lot

    Seven-unit property with potential for expansion in Onsted, Michigan.

    View details
    Two-Unit Duplex with Fenced Yard
    Two-Unit Duplex with Fenced Yard

    113 Julian Street, Brooklyn, MI 49230

    $169,900
    0.20 AC lot

    Well-maintained two-unit duplex with a vacant upper unit and a fenced back yard.

    View details
    Duplex with Workshop Garage Conversion
    Duplex with Workshop Garage Conversion

    190-192 Wamplers Lake Road, Brooklyn, MI 49230

    Contact for pricing

    Two-unit duplex offering 5 bedrooms and 4 bathrooms, with a front-unit workshop space and garage conversion.

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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.

    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

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    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

    View details

    Addison, MI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Addison, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 40,905 square feet of properties for sale, with an estimated market value of $1,960,000.

    Sale prices for multifamily properties in Addison, MI start at $160,000, averaging $490,000, and reaching up to $600,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 2,468
    Population Growth (5Y) +2.3%
    Median Household Income $70,726
    College Educated 29.7%

    High-Yield Neighborhoods for Investment

    Identify Addison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49220 $382.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Property Tax per SF $77.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

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