Multifamily

Milan, MI Multifamily Properties for Sale

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Lakefront Campground and Water Park
Updated: Jul 29
Lakefront Campground and Water Park

16339 Cone Road, Milan, MI 48160

$1,750,000
1,400 sqft 36.90 AC lot
37‑acre income‑producing property featuring a 6‑acre spring‑fed lake (GetAway Bay), operated as a public beach and recreation destination for 65+ years
Lakefront amenities include a 40x40 boathouse pole barn and equipment and water park infrastructure included
On‑site 3‑bedroom home with a 2‑car garage
Retail and guest support buildings: a newly built 40x15 store and a 30x15 public restroom building (currently gutted and ready for renovation)
Income sources reported: daily admissions, concessions, short‑term rentals, and event space; includes one active glamping site and a renovated short‑term rental
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Milan, 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.

Renovated Mixed-Use Building with Retail
Renovated Mixed-Use Building with Retail

116 Tecumseh Street, Dundee, MI 48131

$599,900
2,600 sqft 0.03 AC lot

Renovated mixed-use building with main-floor commercial space and two rented 2-bedroom apartments above.

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Income Property with Outbuildings
Income Property with Outbuildings

7130 Platt Road, Saline, MI 48176

$650,000
676 sqft 3.00 AC lot

Three-unit residential income property on about 3 acres, with multiple outbuildings and extensive 2025 mechanical updates.

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Mixed-Use Retail and Apartments
Mixed-Use Retail and Apartments

100 S Ann Arbor Street, Saline, MI 48176

$1,000,500
4,594 sqft 0.15 AC lot

Mixed-use building offering two retail businesses and two 2-bedroom, 1-bath apartments.

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Manufactured Home in Mobile Park
Manufactured Home in Mobile Park

241 Emerald Circle, Dundee, MI 48131

$59,900
1,600 sqft

Manufactured home on a rented lot with four bedrooms, two full baths, and an open living layout.

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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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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

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0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Residential Land in Riverdale
Residential Land in Riverdale

N Lumberjack Road, Riverdale, MI 48877

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0.67 AC lot

Vacant residential land suitable for building or mobile home placement.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing
0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Milan, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Milan, MI on our real estate platform. These investment opportunities span a total of 1,400 square feet of properties for sale, with an estimated market value of $1,750,000.

Sale prices for multifamily properties in Milan, MI average $1,750,000 — 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

Short term rental properties 1

Demographics Overview

Population 14K
Population Growth (5Y) +6.0%
Median Household Income $99,383
College Educated 41.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48160 $1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

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