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    Troy, MI Multifamily Properties for Sale

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    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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    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 Troy, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multifamily Property
    Multifamily Property

    329 1st St, Rochester, MI 48307

    $599,900
    1,106 sqft

    The property carries multifamily zoning and offers walkable access to Rochester.

    View details
    Updated Side-by-Side Duplex
    Updated Side-by-Side Duplex

    141 Ferndale, Rochester, MI 48307

    $439,900
    1,050 sqft

    Two renovated units offer separate entrances, full bathrooms, and in-unit laundry appliances.

    View details
    28-Unit Apartment Building
    28-Unit Apartment Building

    45437 Deshon St, Utica, MI 48317

    Contact for pricing
    25,200 sqft 1.11 AC lot

    Two-bedroom units feature granite countertops, stainless steel appliances, and private patios.

    View details
    Updated Condo with Community Amenities
    Updated Condo with Community Amenities

    Utica, MI 48316

    Contact for pricing
    1,066 sqft

    Updated 2 bed, 1 bath condo with community amenities.

    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

    Estimated value:
    $310,000
    10,748 sqft 1.13 AC lot
    View details
    177 Wilshire Dr
    Multifamily properties

    177 Wilshire Dr, Troy, MI 48084

    Estimated value: by Request
    160,000 sqft 2.04 AC lot
    View details

    Troy, MI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Troy, MI on our real estate platform. These investment opportunities span a total of 1,457 square feet of properties for sale, with an estimated market value of $290,000.

    Sale prices for multifamily properties in Troy, MI average $290,000 — 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 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48085 $290K

    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)

    Property Size Breakdown

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

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