Multifamily

Lennon, MI Multifamily Properties for Sale

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Occupied Four-Unit Multifamily Property
Updated: Aug 3
Occupied Four-Unit Multifamily Property

Lennon, MI 48449

$269,900
3,364 sqft 0.21 AC lot
Four occupied units in a 3,364‑square‑foot multifamily building
0.21‑acre parcel zoned Multi‑Family
Full basement with multiple unit layouts
Baseboard and hot‑water heating systems
Private well and septic service
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See hot listings in Lennon

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lennon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Two-Story Duplex
Two-Story Duplex

305 E Main Street, Durand, MI 48429

$139,000
1,600 sqft 0.13 AC lot

Fully leased residential property with basement storage, public water, and included washer and dryer.

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Fully Rented Duplex
Fully Rented Duplex

305 E Main St, Durand, MI 48429

$139,000
1,600 sqft

Fully leased duplex with newer furnace, two newer water heaters, and included washer and dryer.

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Two-Unit Cape Cod Duplex
Two-Unit Cape Cod Duplex

7562 Miller Road, Swartz Creek, MI 48473

$159,900
1,000 sqft 0.22 AC lot

Wood-frame duplex with two bedrooms, two bathrooms, a basement, and public water service.

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15-Unit Multifamily Property
15-Unit Multifamily Property

9295 Cedar Creek Court, Swartz Creek, MI 48473

$2,600,000

Individually parceled units offer private basements, attached garages, and tenant-paid utilities.

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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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Lennon, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Lennon, MI on our real estate platform. These investment opportunities span a total of 3,364 square feet of properties for sale, with an estimated market value of $269,900.

Sale prices for multifamily properties in Lennon, MI average $269,900 — 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

Quadplexes 1

Demographics Overview

Population 2,760
Population Growth (5Y) -5.7%
Median Household Income $65,735
College Educated 25.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48449 $269.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Genesee County

New Delisted

Total CRE Inventory on Market (SF)

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