Multifamily

Morenci, MI Multifamily Properties for Sale

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Side-by-Side Duplex
Updated: Aug 26
Side-by-Side Duplex

303 E Locust Street, Morenci, MI 49256

$145,000
0.14 AC lot
Side‑by‑side duplex on a 0.14‑acre corner lot
North unit offers 3 bedrooms, 1 full bathroom, and basement access
South unit includes 2 second‑floor bedrooms, living room, dining room, and side porch
Driveway access from E. Locust Street and N. East Street
Vinyl siding and forced‑air heating
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Apartment Building with Driveway
Updated: Jul 29
Apartment Building with Driveway

129 S East Street, Morenci, MI 49256

$344,900
0.36 AC lot
Five or more residential units
15,682‑square‑foot lot totaling 0.36 acres
Six bedrooms and five bathrooms
1900 construction with vinyl siding
Baseboard heating
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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 Morenci, 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.

Duplex with Detached Garage
Duplex with Detached Garage

573 S Meridian Rd, Hudson, MI 49247

$209,900
1,924 sqft

Two rented residences with separate utilities and additional enclosed storage space.

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Brick Duplex with Garage
Brick Duplex with Garage

414 Division Street, Adrian, MI 49221

$142,500
0.17 AC lot

City-certified duplex currently configured as a single-family residence with separate living areas on each floor.

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Occupied Triplex with Fenced Yard
Occupied Triplex with Fenced Yard

972 Michigan Ave, Adrian, MI 49221

$219,000

Three residential units offer two efficiencies and one one-bedroom apartment near Adrian College.

View details
4-Unit Quadplex
4-Unit Quadplex

324 Railroad Street, Hudson, MI 49247

$194,900

Unit mix includes three two-bedroom residences and one one-bedroom residence near downtown Hudson.

View details

Morenci, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Morenci, MI on our real estate platform.

Sale prices for multifamily properties in Morenci, MI start at $145,000, averaging $244,950, and reaching up to $344,900 — 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

Apartment buildings 1
Duplexes 1

Demographics Overview

Population 3,830
Population Growth (5Y) -2.3%
Median Household Income $60,982
College Educated 14.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49256 $245K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lenawee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lenawee County

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