Multifamily

Lapeer, MI Multifamily Properties for Sale

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Two-Unit Duplex with Garage
Updated: Apr 23
Two-Unit Duplex with Garage

220 W Park Street, Lapeer, MI 48446

$198,000
1,621 sqft 0.17 AC lot
Two‑unit duplex with 1,621 square feet of building area
Fully rented residential property
Main‑level unit includes 2 bedrooms, hardwood floors, updated bathroom, laundry area, side porch, and garage access
Upper unit features an open interior layout
Refrigerators and stoves included
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6-Unit Renovated Apartment Building
Updated: Jun 18, 2024
6-Unit Renovated Apartment Building

315 E Nepessing St, Lapeer, MI 48446

$700,000
4,850 sqft
6‑unit apartment building with three 1‑bedroom and three 2‑bedroom apartments
100% occupied with annual leases
Interior and exterior renovations completed in 2022
Walkable to downtown Lapeer
Close to freeway access
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lapeer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Three-Unit Multifamily Property
Updated Three-Unit Multifamily Property

11472 E Lippincott Boulevard, Davison, MI 48423

$325,000
3,085 sqft 5.00 AC lot

Separately metered residences offer distinct layouts, outdoor areas, and recent major-system improvements.

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Two-Story Triplex with Garage
Two-Story Triplex with Garage

4355 LAPEER Road, Burton, MI 48509

$295,000
2,800 sqft 0.78 AC lot

Three separately metered units include a primary residence and two rented one-bedroom apartments.

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Triplex With Separate Utilities
Triplex With Separate Utilities

4355 LAPEER Rd, Burton, MI 48509

$295,000

Three-unit property combines a primary residence with two one-bedroom apartments and separately metered systems.

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New Davison Duplex Development
New Davison Duplex Development

3369 Meadowridge, Davison, MI 48423

$274,999

New duplex development in Davison, customize your dream condo today!

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Lapeer, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Lapeer, MI on our real estate platform. These investment opportunities span a total of 6,471 square feet of properties for sale, with an estimated market value of $898,000.

Sale prices for multifamily properties in Lapeer, MI start at $198,000, averaging $449,000, and reaching up to $700,000 — 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 2
Apartment buildings 1

Demographics Overview

Population 31K
Population Growth (5Y) -0.7%
Median Household Income $66,382
College Educated 26.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48446 $449K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Property Tax per SF $70.76 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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