Multifamily

Sterling Heights, MI Multifamily Properties for Sale

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Sterling Heights Multifamily Investment Opportunity
Updated: May 15
Sterling Heights Multifamily Investment Opportunity

13730 Plumbrook, Sterling Heights, MI 48312

$1,495,000
2.12 AC lot
Prime Sterling Heights location on 2.12 acres, near 16 Mile and Schoenherr.
Four spacious units, each with a private basement, in‑unit laundry, and natural fireplace.**
Each unit includes a two‑car garage.
Spacious pole barn for owner storage or property maintenance.
Two units have been updated, offering immediate rental appeal and value‑add potential.**
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sterling Heights, 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.

Duplex with Separate Utility Meters
Duplex with Separate Utility Meters

31709 Grove, Fraser, MI 48026

$209,900
1,300 sqft 0.51 AC lot

Two ranch homes on one parcel in Residential zoning, each with its own gas, electric, and water meters.

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Side-by-Side Ranch Duplex
Side-by-Side Ranch Duplex

11046 Russell Street, Utica, MI 48317

$335,000
2,150 sqft 0.25 AC lot

Two residences offer separate utilities, varied bedroom layouts, updated finishes, and shared access to a detached garage.

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Renovated Multi-Unit Residential Building
Renovated Multi-Unit Residential Building

8820 Russell Street, Utica, MI 48317

$399,900
800 sqft

Well-maintained, renovated income property with separate meters, in-unit laundry, and a two-car detached garage.

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Vacant Land with Approved Condo Plan
Vacant Land with Approved Condo Plan

33420 Utica Road, Fraser, MI 48026

$385,000
1.56 AC lot

Approved site plan for seven two-unit condo buildings on vacant land in Fraser, with architectural drawings available.

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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.

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Eastlake Marina District Land
Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000
5.66 AC lot

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

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Recreation Land with Boat Slip
Recreation Land with Boat Slip

831 S Main Street, Au Gres, MI 48703

Contact for pricing
0.01 AC lot

Seasonal recreational setup with a trailer addition, private patio, and access to shared community amenities.

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Residential Land in Riverdale
Residential Land in Riverdale

N Lumberjack Road, Riverdale, MI 48877

Contact for pricing
0.67 AC lot

Vacant residential land suitable for building or mobile home placement.

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Sterling Heights, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Sterling Heights, MI on our real estate platform.

Sale prices for multifamily properties in Sterling Heights, MI average $1,495,000 — 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 1

Demographics Overview

Population 133K
Population Growth (5Y) +1.1%
Median Household Income $78,923
College Educated 34.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48312 $1.5M

Taxes & Financing

Tax Rate (average for all types) 3.78%
Property Tax per SF $65.20 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)

Average Property Price per SF

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

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Sterling Heights fall within the 100,000+ square foot range.

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