Farmington Hills, MI Multifamily properties for sale

Updated: Apr 25, 2024

Mixed-Use Building with Commercial Space

29222 Grand River Ave, Farmington Hills, MI

$1,750,000

9,388 sqft · 0.31 AC lot

Mixed‑use building with 9 apartments and a 5,400SF commercial space.
Nine 1‑bedroom, 1‑bathroom apartments.
Investment opportunity with potential rental income from residential and commercial units.
One of two steam boilers recently replaced in 2023.
All apartments include kitchens and small living rooms.

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This listing looks promising.

Here's a quick look at some key insights for

29222 Grand River Ave, Farmington Hills, MI

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$95K
Annual
Mortgage

$772K
Feb 2022
Last Sold

Feb 2022
$965K
Property Type

Retail Stores
Built 1950

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Updated: Jun 3

Zoned Mobile Home Park Property

28730 GRAND RIVER Ave, Farmington Hills, MI 48336

$525,000

21‑unit mobile home park in Farmington Hills, zoned and operating as a mobile home community
Utility hookups for residents as part of the mobile home community setup
Well‑kept grounds at the property
Car‑dependent area with walkScore 49 and bikeScore 39

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All-Brick Four-Unit Multifamily Building

30812 Fink Ave, Farmington Hills, MI 48336

$379,900

0.18 AC lot

Four-unit multifamily property in a residential area, close to amenities.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Farmington Hills, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Farmington Multi-Family Investment Opportunity

30812 Fink Avenue, Farmington, MI 48336

$379,900

2,942 sqft · 0.18 AC lot

All-brick four-unit building in a desirable residential area.

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16-Unit Apartment Building

19131 Lahser Rd, Detroit, MI 48219

$900,000

Sixteen-unit building with most units occupied, offering income and leasing flexibility in a walkable, transit-accessible area.

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Multifamily Property in Detroit

23503 Seven Mile W, Detroit, MI 48219

$2,290,000

14,145 sqft

40-unit multifamily property with 100% occupancy in Detroit.

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Farmington Multifamily Property for Sale

31715 West Nine Mile Road, Farmington, MI 48336

$400,000

Multifamily property available in Farmington, Michigan.

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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

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

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

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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Recreational Lot with Boat Slip

831 S Main Street, Au Gres, MI 48703

Contact for pricing

0.01 AC lot

Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

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Off-Market Properties in Farmington Hills, MI

Consider similar Off-Market properties in Farmington Hills, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BOARDING/ROOMING HOUSE

31130 10th Mile Rd, Farmington Hills, MI 48336-2612

Value Estimation by Request

3,253 sqft · 0.36 AC lot

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BOARDING/ROOMING HOUSE

21395 Inkster Rd, Farmington Hills, MI 48336-6231

Value Estimation by Request

1,740 sqft · 1.46 AC lot

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Farmington Hills, MI Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Farmington Hills, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,388 square feet of properties for sale, with an estimated market value of $1,750,000.

Sale prices for multifamily properties in Farmington Hills, MI start at $1,750,000, averaging $1,750,000, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Farmington - 48336	$642.5K

Neighborhood

Average Price

Farmington - 48336

$642.5K

Farmington Hills, MI Multifamily Properties for Sale

29222 Grand River Ave, Farmington Hills, MI

28730 GRAND RIVER Ave, Farmington Hills, MI 48336

30812 Fink Ave, Farmington Hills, MI 48336