Hazel Park, MI Multifamily properties for sale

Updated: Jul 17

Rented Duplex Investment Property

449 W Evelyn Avenue, Hazel Park, MI 48030

$190,000

1,134 sqft 0.07 AC lot

Two spacious 3‑bedroom, 2‑bath duplex units, already rented out
Year built: 1925
Construction materials include vinyl siding
Heating: wall furnace
Water source: public water

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This listing looks promising.

Here's a quick look at some key insights for

449 W Evelyn Avenue, Hazel Park, MI 48030

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$15K
Annual
Price @ 7% Cap

$214K
Above asking
Property Type

Single Family Residence
Built 1925

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Updated: Jun 22

18-Unit Multifamily Building

1241-1251 E Woodward Heights Blvd, Hazel Park, MI 48030

$4,000,000

18‑unit multifamily apartment building built in 2019
Major price reduction on the first building: $220,000 (now offered at $1,500,000)
Rent roll and financials available to qualified buyers
Location minutes from the I‑75 and I‑696 interchange

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Rented Duplex Investment with Two Units

449 W Evelyn Ave, Hazel Park, MI 48030

$190,000

Duplex property featuring two spacious 4-bedroom, 2-bath units already rented and generating cash flow.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Hazel Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Updated Multifamily Income Property

1785 Channing St, Ferndale, MI 48220

Contact for pricing

1,700 sqft

Updated and rental-certified multifamily property available for sale, ready to perform from day one.

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Two-Unit Residential Income Duplex

1936 Farrow St, Ferndale, MI 48220

$275,000

Two move-in ready units each with dedicated living and kitchen spaces, plus a shared unfinished basement and fenced backyard.

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Highland Park Multi-Family Investment Opportunity

20035 Coventry St, Detroit, MI 48203

$160,000

Two-unit property in Highland Park, ideal for investors or owner-occupants.

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Updated Two-Story Duplex

20001 Yacama Road, Detroit, MI 48203

$52,900

Two units with two bedrooms each, plus a newer furnace, updated electrical, new plumbing lines, and a remodeled kitchen.

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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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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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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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Off-Market Properties in Hazel Park, MI

Consider similar Off-Market properties in Hazel Park, 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.

Multifamily properties

1241 Woodward Heights Blvd, Hazel Park, MI 48030

Value Estimation by Request

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Hazel Park, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Hazel Park, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,134 square feet of properties for sale, with an estimated market value of $4,380,000.

Sale prices for multifamily properties in Hazel Park, MI start at $190,000, averaging $1,460,000, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48030	$1.9M

Neighborhood

Average Price

48030

$1.9M