Garden City, MI Multifamily properties for sale

Updated: Aug 5

Brick Triplex

30646 Krauter Street, Garden City, MI 48135

$325,000

2,135 sqft 0.26 AC lot

Three 1‑bedroom, 1‑bath units, each approximately 712 sq. ft.
2,135‑square‑foot triplex on a 0.26‑acre corner lot
Brick exterior with slab foundation and ranch architectural style
All units occupied by long‑term month‑to‑month tenants
Separate utilities and in‑unit washer/dryer hookups

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This listing looks promising.

Here's a quick look at some key insights for

30646 Krauter Street, Garden City, MI 48135

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Est. Cap Rate

6.5%
Above avg (5.9%)
Est. NOI

$21K
Annual
Price @ 7% Cap

$299K
Suggested
Property Type

Single Family Residence
Built 1972

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Updated: Apr 11

Garden City Multifamily Apartment Complex

6401 Middlebelt Rd, Garden City, MI 48135

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Five‑building multifamily community with 40 total units
Two unit types: 8 units are 1 bed/1 bath at 700 SF; 32 units are 1 bed/1 bath at 400 SF
Heat options vary by unit: boiler heat (landlord paid) for 700 SF units; individual gas forced air heat (tenant paid) for 400 SF units
Tenants are individually metered for tenant‑paid electricity
Over the past 18 months, 31 apartments received partial remodeling: new vinyl plank flooring, kitchen countertops, stainless steel backsplash, appliances, some bathroom updates, and fresh paint

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Garden City, 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.

Updated Condo in Quiet Wayne

33090 Forest Park, Wayne, MI 48184

$229,000

1,780 sqft

Updated 2-bedroom condo with modern amenities and spacious layout.

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Two-Unit Residential Income Property

33121 Alberta St, Westland, MI 48186

$170,000

Two separate units each offer two bedrooms, one bathroom, and in-unit laundry, with a garage for added storage and parking.

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Updated Four-Unit Ranch Quadplex

32462 Lenawee Court, Westland, MI 48186

$319,000

0.32 AC lot

Four leased residences offer one-bedroom layouts, refreshed finishes, and shared outdoor space on a 0.32-acre parcel.

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Mixed-Use Building for Sale

34601 Sims Street, Wayne, MI 48184

Contact for pricing

3,566 sqft

Mixed-use building totaling 3,566 SF, available for sale in Wayne, 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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Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Recreation Land with Boat Slip

831 S Main Street, Au Gres, MI 48703

Contact for pricing

0.01 AC lot

Seasonal recreational setup with a trailer addition, private patio, and access to shared community amenities.

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Garden City, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Garden City, MI on our real estate platform. These investment opportunities span a total of 2,135 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for multifamily properties in Garden City, MI average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Garden City, MI Multifamily Properties for Sale

30646 Krauter Street, Garden City, MI 48135

6401 Middlebelt Rd, Garden City, MI 48135