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    Waterford, MI
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    Waterford, MI Multifamily Properties for Sale

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    Waterford Township, MI Bloomfield Twp, MI White Lake, MI West Bloomfield, MI Clarkston, MI Commerce Twp, MI Keego Harbor, MI Pontiac, MI
    Lakefront Multifamily Residence
    Updated: Nov 18, 2024
    Lakefront Multifamily Residence

    5826 ANDERSONVILLE Road, Waterford, MI 48329

    $350,000
    2,252 sqft 0.16 AC lot
    Multi‑family home with 5 bedrooms and 3 full baths, plus 2 fireplaces and a business office with a small art gallery
    Approx. 2,500 sq ft colonial home with brick and wood construction and forced‑air heating
    Asphalt roof; year built listed as 1928
    Includes a 200 sq ft furnished cottage with a natural fireplace
    Property includes a 32‑ft custom‑built Mississippi River paddle boat with a custom dock
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    This listing looks promising.

    Here's a quick look at some key insights for

    5826 ANDERSONVILLE Road, Waterford Twp, MI 48329

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $426K
      Above asking

    • Property Type

      Single Family Residence
      Built 1928
    View Property Analytics
    Multi-Family Lakefront Residence
    Updated: Nov 19, 2024
    Multi-Family Lakefront Residence

    5826 ANDERSONVILLE Road, Waterford, MI 48329

    $350,000
    2,252 sqft
    Multi‑family home on private all‑sports Van Norman Lake
    5 bedrooms, 3 full baths, with 2 fireplaces and business office with small art gallery
    Recently updated, with multiple units in official licensed rental status
    Includes 200 SF furnished cottage with a natural fireplace
    On‑site 32‑ft custom built Mississippi River paddle boat with custom dock
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Waterford, 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.

    One-Story Duplex with Full Basement
    One-Story Duplex with Full Basement

    10350, Davisburg, MI 48350

    $349,900
    2,090 sqft 0.73 AC lot

    One-story duplex features two 2-bed, 1-bath units and a full basement with private entry and laundry hook-ups.

    View details
    Ranch-Style Duplex with Private Basement Entry
    Ranch-Style Duplex with Private Basement Entry

    10350, Davisburg, MI 48350

    $349,900
    2,090 sqft 0.73 AC lot

    Two-unit ranch duplex with separate meters, central air, and a full basement with private entry and laundry hook-ups.

    View details
    Turnkey Short-Term Rental Business
    Turnkey Short-Term Rental Business

    545 CALGARY St, Auburn Hills, MI 48326

    $339,999

    Fully furnished, operational short-term rental in Auburn Hills.

    View details
    Turnkey Furnished Short-Term Rental
    Turnkey Furnished Short-Term Rental

    545 Calgary Street, Auburn Hills, MI 48326

    $410,000

    Fully furnished, professionally managed short-term rental business with established systems ready to operate upon closing.

    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
    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.

    View details
    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.

    View details
    Private Camping Lot with Electrical Hookups
    Private Camping Lot with Electrical Hookups

    4537 Pine Run Road, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

    View details

    Waterford, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Waterford, MI on our real estate platform. These investment opportunities span a total of 4,504 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for multifamily properties in Waterford, MI average $350,000 — 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

    Triplexes 2

    Demographics Overview

    Population 70K
    Population Growth (5Y) -4.1%
    Median Household Income $76,951
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48329 $354.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.61%
    Property Tax per SF $65.53 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 Waterford fall within the 10,000 to 25,000 square foot range.

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