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    Lexington, MI
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    Lexington, MI Multifamily Properties for Sale

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    Croswell, MI Avoca, MI Yale, MI
    Commercial Building with Private Parking
    $349,900
    1,600 SF
    Commercial Building with Private Parking

    5520 Main Street, Lexington, MI 48450

    Mixed-use building on Main Street with private parking, a leased fitness facility, and updated heating and building improvements.
    • Commercial building on Main Street (M‑25) in the Village of Lexington with private parking and public utilities
    • Main floor leased long‑term; Cadillac House Hotel uses the space as its exercise/fitness facility
    • Upper level includes 2‑bedroom, 1‑bath living quarters currently used as an AirBnB by the owners
    • Recent updates include new roof (2020), vinyl siding (2020), and new windows for the main floor and upper units (2020)
    • Comfort features include natural gas wall furnaces for each level plus mini‑splits; heat pump provides heating and cooling
    Updated: Sep 20, 2025
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    Lakeview Condo in Lexington Village
    $260,000
    1,058 SF
    Lakeview Condo in Lexington Village

    5749 Main #29, Lexington, MI 48450

    Main-floor condo with lake views, private beach, and village access.
    • Private beach access (200+ feet) and lakeside deck.
    • Main‑floor condo with open floorplan and covered patio with lake view.
    • HOA covers lawn care, landscaping, exterior maintenance, insurance, and snow removal.
    • Walking distance to Village stores, churches, theater, and restaurants.
    • Features 2 bedrooms with walk‑in closets and 2 bathrooms.
    Updated: Jun 28, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, 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.

    Port Huron Investment Opportunity
    $130,000
    1,914 SF
    Port Huron Investment Opportunity

    Two-unit property near downtown Port Huron with immediate income potential.

    1012 8th Street, Port Huron, MI 48060

    View details
    Four-Unit Multifamily Property on Main
    $225,000
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main St, Richmond, MI 48062

    View details
    Four-Unit Multifamily Investment Property
    $250,000
    0.12 Acres
    Four-Unit Multifamily Investment Property

    Four-unit property generating $4,625/month gross rent, rental certified.

    413 15th St, Port Huron, MI 48060

    View details
    Four-Unit Multifamily Property on Main
    $225,000
    0.21 Acres
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main Street, Richmond, MI 48062

    View details

    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.

    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

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    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres
    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836

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    Sanford Vacant Land with Utilities
    Contact for pricing
    0.80 Acres
    Sanford Vacant Land with Utilities

    Two lots with water and electric hookups, lake access.

    978 timberlynn trail, Sanford, MI 48657

    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres
    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877

    View details

    Lexington, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Lexington, MI on our real estate platform. These investment opportunities span a total of 2,658 square feet of properties for sale, with an estimated market value of $609,900.

    Sale prices for multifamily properties in Lexington, MI start at $260,000, averaging $304,950, and reaching up to $349,900 — 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

    Short term rental properties 2
    Apartment buildings 1
    Small apartment buildings 1

    Demographics Overview

    Population 4,413
    Population Growth (5Y) -3.5%
    Median Household Income $58,297
    College Educated 35.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48450 $305K

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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