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    Richmond, MI
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    Richmond, MI Multifamily Properties for Sale

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    Casco, MI New Haven, MI Lenox, MI
    Four-Unit Multifamily Property on Main
    $225,000
    Four-Unit Multifamily Property on Main

    70550 Main St, Richmond, MI 48062

    Four units in prime rental area near downtown shopping.
    • Four units offering strong rental income potential
    • Prime Main Street location
    • Ample parking space
    • Close proximity to Downtown
    • Convenient access to shopping
    Updated: Apr 27
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    Four-Unit Multifamily Property on Main
    $225,000
    0.21 Acres
    Four-Unit Multifamily Property on Main

    70550 Main Street, Richmond, MI 48062

    Four units in prime rental area near downtown shopping.
    • Four units offer strong rental income potential.
    • Prime Main Street location.
    • Close proximity to downtown and shopping.
    • Ample parking space available for tenants and guests.
    • Unit above the two‑car garage.
    Updated: Mar 24
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, 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.

    Ranch-Style Duplex with Private Decks
    $225,000
    1,728 SF
    Ranch-Style Duplex with Private Decks

    Ranch duplex offers two 2-bedroom units, each with a full bath, laundry room, private rear deck, and separate driveway.

    St Clair, MI 48079

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    Multifamily Property with Storage Potential
    $149,900
    2,528 SF
    Multifamily Property with Storage Potential

    Multifamily home and storage property near I-69 and M-19.

    3279 Emmett Road, Emmett, MI 48022

    View details
    Updated Triplex Investment Property
    $349,900
    2,134 SF
    Updated Triplex Investment Property

    Three-unit triplex with contemporary interior finishes and in-place city rental inspections.

    40 Ahrens Street, Mount Clemens, MI 48043

    View details
    Two-Story Office Conversion Opportunity
    $189,900
    2,614 SF
    Two-Story Office Conversion Opportunity

    Value-add redevelopment site with separately metered utilities and existing second-floor kitchens and bathrooms for residential conversion.

    Mount Clemens, MI 48043

    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.

    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

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    Eastlake Marina District Land
    $765,000
    5.66 Acres
    Eastlake Marina District Land

    5.66 acres in Eastlake's Marina District, primed for development.

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres
    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877

    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

    View details

    Richmond, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Richmond, 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 $450,000.

    Sale prices for multifamily properties in Richmond, MI start at $225,000, averaging $225,000, and reaching up to $225,000 — 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 2
    Apartment buildings 1

    Demographics Overview

    Population 9,273
    Population Growth (5Y) -3.4%
    Median Household Income $75,763
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48062 $333.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.76%
    Property Tax per SF $84.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

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