Multifamily

Reed City, MI Multifamily Properties for Sale

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Duplex with New Roof
Updated: Aug 4
Duplex with New Roof

332 W Upton Avenue, Reed City, MI 49677

$185,000
0.30 AC lot
Duplex on a 0.3‑acre lot in downtown Reed City
New composition roof with vinyl siding
Unit 1 includes 3 bedrooms, main‑floor laundry, and a large walk‑in closet
Unit 2 features 2 bedrooms, a clawfoot tub, and basement laundry
Built in 1900 with forced‑air heating
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Mixed-Use Building with Apartments
Updated: Sep 28
Mixed-Use Building with Apartments

Reed City, MI 49677

$239,000
4,132 sqft
Ground‑floor unit includes 5 private offices and 2 bathrooms
Upper level has a 1–2 bedroom apartment and a second apartment area for completion
Roof installed in 2023 with a 30‑year warranty
New water lines, drain/sewer lines, furnace, and central air
Nearly three decades of rental history
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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Reed City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Duplex Property with Basement
Duplex Property with Basement

402 N Main Street, Hersey, MI 49639

$154,900
0.20 AC lot

Multi-unit residential property with forced-air heat, driveway parking, and a well and septic system.

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Duplex with Barn on Acreage
Duplex with Barn on Acreage

18426 14 Mile Road, Leroy, MI 49655

$170,000
8.25 AC lot

Double-unit residence with a barn, open land, and rural surroundings.

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Double-Unit Residence and Barn
Double-Unit Residence and Barn

Leroy, MI 49655

$170,000
8.00 AC lot

Double-unit home on spacious acreage with a barn and open space for flexible living or income opportunities.

View details
Multifamily Building on Main Street
Multifamily Building on Main Street

402 N Main St, Hersey, MI 49639

$154,900
0.20 AC lot

Two- to four-unit configuration on a substantial lot in Hersey, Michigan.

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Off-Market Properties in Reed City, MI

Consider similar Off-Market properties in Reed City, 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.

411 Dailey Dr
MOBILE HOME PARK, TRAILER PARK

411 Dailey Dr, Reed City, MI 49677-9309

Estimated value:
$280,000
77.00 AC lot
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521 Church Ave
MOBILE HOME PARK, TRAILER PARK

521 Church Ave, Reed City, MI 49677-9613

Estimated value:
$210,000
2.27 AC lot
View details

Reed City, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Reed City, MI on our real estate platform. These investment opportunities span a total of 4,132 square feet of properties for sale, with an estimated market value of $424,000.

Sale prices for multifamily properties in Reed City, MI start at $185,000, averaging $212,000, and reaching up to $239,000 — 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

Duplexes 1

Demographics Overview

Population 7,286
Population Growth (5Y) +0.4%
Median Household Income $58,829
College Educated 23.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49677 $185K

Taxes & Financing

Tax Rate (average for all types) 4.29%
Property Tax per SF $72.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Osceola County

New Delisted

Total CRE Inventory on Market (SF)

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