Multifamily

Plymouth, MI Multifamily Properties for Sale

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Turnkey 4-Unit Quadplex
Updated: Jul 24
Turnkey 4-Unit Quadplex

318 Blanche St, Plymouth, MI 48170

$750,000
Turnkey, fully leased 4‑unit quadruplex with four 1BR/1BA apartments all currently occupied
In‑place annual gross rent of $60,000; longest‑tenured resident renewed at $1,225/mo (31% increase from $935)
Newly signed lease at $1,325/mo is the highest rent in the building; two units are still priced below this level
Owner pays water, sewer, trash, and natural gas heat; tenants pay electric
~$13,300 annual operating expense load includes taxes, insurance, utilities, repairs/maintenance, and landscaping; no management fee historically charged
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Plymouth, 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.

Apartment Building with Geothermal HVAC
Apartment Building with Geothermal HVAC

26095 Taft Road, Novi, MI 48374

$4,300,000
17,359 sqft 11.53 AC lot

Existing building offers 12 one-bedroom apartments with geothermal heating and cooling, plus community room and dining space.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2103 Elbridge Court, Westland, MI 48186

$300,000
0.18 AC lot

Four-unit residential income property with two-bedroom, one-bath units, vinyl siding, and a fenced yard.

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Turn-Key Two-Unit Income Property
Turn-Key Two-Unit Income Property

1774 N Carlson St, Westland, MI 48185

$284,900

Well-maintained, remodeled two-unit property in a prime location.

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Mixed-Use Building with Two Apartments
Mixed-Use Building with Two Apartments

44855 Grand River Ave, Novi, MI 48375

Contact for pricing

First-floor commercial space is vacant, with two occupied one-bedroom apartments on the second floor.

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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.

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Plymouth, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Plymouth, MI on our real estate platform.

Sale prices for multifamily properties in Plymouth, MI average $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

Quadplexes 1

Demographics Overview

Population 41K
Population Growth (5Y) +2.3%
Median Household Income $109,442
College Educated 83.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48170 $560K

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $52.34 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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