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    Troy, MI
    Multifamily

    Troy, MI Multifamily Properties for Sale

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    Clawson, MI Commerce Twp, MI Rochester, MI
    Upgraded Condo in Prime Location
    Updated: Aug 8, 2025
    Upgraded Condo in Prime Location

    1128 Alameda, Troy, MI 48085

    $290,000
    1,457 sqft
    Recently upgraded condo with new roof (2024), new balcony (2024), new water heater (July 2025), new microwave (2024), new exterior painting (2024), and upgraded kitchen and bathrooms (2023).
    Located in the heart of Troy, in a great neighborhood, and in the top‑rated Troy School District.
    Updated kitchen with granite countertops, stainless steel appliances, and breakfast bar.
    Includes access to community amenities such as a swimming pool, clubhouse, and neighborhood trails.
    Offers a spacious master bedroom with pan ceiling and in suite bathroom, plus generous walk‑in closets in both bedrooms.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1128 Alameda, Troy, MI 48085,

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $255K
      Suggested

    • Property Type

      Condominium
      Built 2004
    View Property Analytics
    Side-by-Side Duplex with Private Entrances
    Updated: Jul 1
    Side-by-Side Duplex with Private Entrances

    5858-5860 Niles Dr, Troy, MI 48098

    $599,900
    1,444 sqft
    Side‑by‑side duplex built in 1990, fully occupied and generating rental income
    Each unit offers 3 bedrooms, 2.5 bathrooms, and approx. 1,444 SF with an attached one‑car garage
    Private entrance and in‑unit laundry in each unit
    Separate gas, electric, and water meters for tenant‑paid utilities
    Unit 5858 fully renovated with modern finishes; second unit has a long‑term tenant
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Troy, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    Royal Oak Duplex Investment Opportunity
    Royal Oak Duplex Investment Opportunity

    2009 W 14 Mile Road, Royal Oak, MI 48073

    $494,900
    2,027 sqft · 0.24 AC lot

    Well-maintained duplex in Royal Oak near nightlife and Corewell Health.

    View details
    Clawson Site for 5 Detached Condo Townhomes
    Clawson Site for 5 Detached Condo Townhomes

    659 West Maple Rd, Clawson, MI 48017

    $399,900
    6,000 sqft · 0.41 AC lot

    Redevelopment Site for 5 Detached Condo Townhomes

    View details
    Turnkey Clawson Multifamily Investment
    Turnkey Clawson Multifamily Investment

    629 W Maple Rd, Clawson, MI 48017

    $4,249,000
    1,200 sqft

    Well-maintained 25-unit apartment complex with upside potential.

    View details
    Royal Oak Duplex Investment Opportunity
    Royal Oak Duplex Investment Opportunity

    2009 W 14 Mile Rd, Royal Oak, MI 48073

    $494,900

    Well-maintained duplex in Royal Oak, ideal for investors.

    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.

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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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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    View details

    Off-Market Properties in Troy, MI

    Consider similar Off-Market properties in Troy, 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.

    1050 Adams
    APARTMENT HOUSE (5+ UNITS)

    1050 Adams, Troy, MI 48084

    Value Estimation by Request
    10,748 sqft · 1.13 AC lot
    View details
    177 Wilshire Dr
    Multifamily properties

    177 Wilshire Dr, Troy, MI 48084

    Value Estimation by Request
    160,000 sqft · 2.04 AC lot
    View details
    177 Wilshire Dr
    Multifamily properties

    177 Wilshire Dr, Troy, MI 48084

    Value Estimation by Request
    View details
    Big Beaver Rd
    Multifamily properties

    0 Big Beaver Rd, Troy, MI 48084

    Value Estimation by Request
    3.59 AC lot
    View details

    Troy, MI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Troy, MI on our real estate platform. These investment opportunities span a total of 1,444 square feet of properties for sale, with an estimated market value of $599,900.

    Sale prices for multifamily properties in Troy, MI start at $599,900, averaging $599,900, and reaching up to $599,900 — 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
    Duplexes 1

    Demographics Overview

    Population 87K
    Population Growth (5Y) +3.8%
    Median Household Income $127,384
    College Educated 65.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.44%
    Property Tax per SF $40.94 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

    Property Size Breakdown

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

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