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    Novi, MI
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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 Twp, MI Farmington Hills, MI Milford, MI Farmington, MI
    Mixed-Use Building with Two Apartments
    Updated: Apr 11
    Mixed-Use Building with Two Apartments

    44855 Grand River Ave, Novi, MI 48375

    Contact for pricing
    Mixed‑use building on Grand River: first‑floor commercial space plus two 1‑bedroom apartments on the second floor
    First floor is 1,300 SF, fully updated with commercial‑grade flooring and freshly painted interior; currently vacant
    Second floor has two occupied 1‑bedroom apartments generating approx. $20,000 annual cash flow
    Current apartments have room for more, with approx. $50,000+ per year when fully occupied
    Located about 1 mile from 12 Oaks Mall
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 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 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.

    12-Unit Residential Income Property
    12-Unit Residential Income Property

    28214 Oakmonte Cir W, New Hudson, MI 48165

    $3,350,000
    17,570 sqft

    Well-maintained 12-unit condo building with all units occupied and a mix of 2- and 3-bedroom layouts.

    View details
    12-Unit Multifamily Condo Building
    12-Unit Multifamily Condo Building

    28214-28234 Oakmonte Circle West, New Hudson, MI 48165

    $3,350,000
    17,570 sqft

    Well-maintained 12-unit condo building with a mix of 2- and 3-bedroom units, all currently occupied.

    View details
    Mixed-Use Building in Downtown Farmington
    Mixed-Use Building in Downtown Farmington

    32821-32905 Grand River Ave, Farmington, MI 48336

    $3,000,000
    9,584 sqft 0.76 AC lot

    Two-story mixed-use building with restaurant and apartments in Farmington, MI.

    View details
    Multifamily
    Multifamily

    32450 Grand River Avenue, Farmington, MI 48336

    Contact for pricing

    Apartment buildings

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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 Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    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

    Value Estimation by Request
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    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 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for multifamily properties in Novi, MI start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Duplexes 1

    Demographics Overview

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

    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)

    Average Property Price per SF

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

    Retail

    Residential Income

    Property Size Breakdown

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

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