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    Novi, MI Multifamily Properties for Sale

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    Wixom, MI South Lyon, MI Northville, MI Walled Lake, MI Commerce Township, MI Farmington Hills, MI Milford, MI Farmington, MI
    Apartment Building with Geothermal HVAC
    Updated: Jun 2
    Apartment Building with Geothermal HVAC

    26095 Taft Road, Novi, MI 48374

    $4,300,000
    17,359 sqft 11.53 AC lot
    17,359 SF building on 11.53 acres built in 2009
    Zoned RT‑PRO & R1 Residential
    12 one‑bedroom apartments with geothermal heating and cooling
    Includes community room, dining room, and a commercial kitchen
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Renovated 16-Unit Apartment Property
    Renovated 16-Unit Apartment Property

    230 Plymouth Rd, Plymouth, MI 48170

    $2,995,000
    13,913 sqft

    Two brick buildings offer renovated apartments with in-unit laundry, central air, and individually metered gas and electric.

    View details
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    32821- 32905 Grand River Ave, Farmington, MI 48336

    Contact for pricing
    9,584 sqft 0.76 AC lot

    Operating restaurant space and three leased apartments create a diversified downtown commercial property.

    View details
    Duplex with Private Entrance
    Duplex with Private Entrance

    115 S Mill St, Plymouth, MI 48170

    $639,900

    A finished basement with a kitchen, jetted tub, and sauna adds further flexibility to the living space.

    View details
    8-Unit Ranch-Style Apartment Community
    8-Unit Ranch-Style Apartment Community

    26640 Orchard Lake Road, Farmington, MI 48334

    $3,000,000

    Modern multifamily property with private entrances, attached garages, in-unit laundry, and dedicated office or den space.

    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.

    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.

    View details

    Off-Market Properties in Novi, MI

    Consider similar Off-Market properties in Novi, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    45800 Grand River Ave
    Multifamily properties

    45800 Grand River Ave, Novi, MI 48374

    Estimated value: by Request
    View details

    Novi, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 17,359 square feet of properties for sale, with an estimated market value of $4,300,000.

    Sale prices for multifamily properties in Novi, MI average $4,300,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48374 $4.3M

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Novi fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Featured Novi Real Estate Agencies

    Realmo connects you with licensed Novi CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    EXP Realty
    39555 Orchard Hill Place, Suite 600 Novi, MI
    Phone: (269) 600-4397
    Why this one?
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