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    South Lyon, MI
    Multifamily

    South Lyon, MI Multifamily Properties for Sale

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    Whitmore Lake, MI Green Oak Township, MI New Hudson, MI Brighton, MI Northville, MI Wixom, MI Milford, MI Novi, MI
    20-Unit Apartment Community
    Updated: Sep 18
    20-Unit Apartment Community

    425 Donovan St, South Lyon, MI 48178

    $3,995,000
    20,656 sqft
    20 units in five buildings totaling 20,656 SF
    Unit mix: 12 two‑bedroom/one‑bath units at 975 SF; six three‑bedroom/one‑bath at 1,125 SF; two three‑bedroom/two‑bath at 1,079 SF
    40 on‑site parking spaces; each residence has a private exterior entrance
    Individually metered electric and gas; tenants pay those utilities directly
    97% occupied, with 19 of 20 units leased
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Multifamily for sale in South Lyon, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Brick Quadplex with Laundry
    Brick Quadplex with Laundry

    725 Clark Street, Brighton, MI 48116

    $700,000
    3,700 sqft 0.46 AC lot

    Fully leased four-unit property with remodeled residences, central air, basement laundry, and a wooded setting.

    View details
    First-Floor Office with Reception Area
    First-Floor Office with Reception Area

    206 E Liberty St, Milford, MI 48381

    $849,000
    4,800 sqft

    A first-floor office with an open reception and waiting room above two residential units in Milford Village.

    View details
    Two-Story Duplex with Off-Street Parking
    Two-Story Duplex with Off-Street Parking

    8721 N 2nd St, Brighton, MI 48116

    $425,000
    2,041 sqft 0.27 AC lot

    Two residences offer dedicated exterior access, with separate electric and gas utilities serving the unit layout.

    View details
    New Construction Apartment Buildings
    New Construction Apartment Buildings

    502 - 558 Village Lane, Milford, MI 48381

    Contact for pricing
    16,834 sqft

    Thirteen modern residences feature private garages, flexible interior space, and contemporary finishes across a three-story configuration.

    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.

    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.

    View details

    South Lyon, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in South Lyon, MI on our real estate platform. These investment opportunities span a total of 20,656 square feet of properties for sale, with an estimated market value of $3,995,000.

    Sale prices for multifamily properties in South Lyon, MI average $3,995,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) +8.7%
    Median Household Income $130,781
    College Educated 75.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48178 $4M

    Taxes & Financing

    Tax Rate (average for all types) 3.85%
    Property Tax per SF $60.61 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

    How Realmo verifies these figures

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