Multifamily

Southgate, MI Multifamily Properties Market Trends and Statistics

Explore 0 multifamily properties for sale in Southgate, MI on our real estate platform.

Demographics Overview

Population 30K
Population Growth (5Y) +1.0%
Median Household Income $64,635
College Educated 27.5%

Taxes & Financing

Tax Rate (average for all types) 6.93%
Property Tax per SF $93.01 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Southgate fall within the 2,500 to 5,000 square foot range.

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