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    Ray Township, MI Multifamily Properties for Sale

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    New
    Mixed-Use Building in Ray, MI
    $375,000
    3,752 SF

    Mixed-Use Building in Ray, MI

    21710 29 Mile Rd, Ray, MI 48096

    Two apartments plus commercial space in high-traffic area.

    • High CAP Rate (8% or more) with potential for increased rental income.
    • Versatile lower level: Can be used as living quarters or converted to business use (store, retail, office).
    • Two spacious 2‑bedroom apartments provide steady rental income.
    • Prime location with high traffic counts and high visibility.
    • Land contract available.
    Last Update: Dec 14
    View details
    New
    Mixed-Use Building in Ray, MI
    $375,000
    3,752 SF

    Mixed-Use Building in Ray, MI

    21710 29 Mile Rd, Ray, MI 48096

    Two-story, three-unit building with business potential in Ray, MI.

    • 8% or more CAP Rate (current rent below area average)
    • Prime location with high traffic and visibility
    • Three units: two 2‑bed/1‑bath apartments (938 sqft each) and a large lower level (1876 sqft)
    • Lower level suitable for business use (store, retail, office, etc.) or living quarters
    • Each unit has a private entrance
    Last Update: Dec 14
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ray Township, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vacant Land Ideal for Development
    $374,989
    8.22 Acres

    Vacant Land Ideal for Development

    8.22 acre parcel approved for 48-96 unit apartment complex.
    Gratiot Vacant, New Haven, MI 48048
    View details
    Vacant Land in New Haven, MI
    $999,795
    8.22 Acres

    Vacant Land in New Haven, MI

    Land for a 96-unit luxury rental community with high ROI.
    Gratiot Vacant, New Haven, MI 48048
    View details
    Richmond Multi-Family Investment Opportunity
    $575,000
    4,662 SF

    Richmond Multi-Family Investment Opportunity

    Fully occupied five-unit property near Downtown Richmond.
    70190 Main St, Richmond, MI 48062
    View details
    Four-Unit Multifamily Investment Opportunity
    $225,000
    Pending

    Four-Unit Multifamily Investment Opportunity

    Four units on Main Street in prime rental location.
    70550 Main St, Richmond, MI 48062
    View details

    Ray Township, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Ray Township, MI on our real estate platform. These investment opportunities span a total of 56,628 square feet of properties for sale, with an estimated market value of $750,000.

    Prices for multifamily properties in Ray Township, MI start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Ray Township, MI

    • 48096

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