Residential Income

Allen Park, MI Residential Income Properties for Sale

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Garden-Style Multifamily Community
Updated: Apr 10
Garden-Style Multifamily Community

9918 Allen Pointe Dr, Allen Park, MI 48101

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16.28 AC lot
32 two‑story reinforced concrete apartment buildings on 16.28 acres in Allen Park, MI (Wayne County, part of the Detroit‑Warren‑Dearborn MSA)
Originally built in 1968 as a 250‑unit rental community; converted to condominiums in 2002 with 138 units sold
Converted to for‑sale condominiums; current offering includes 112 apartment homes
Buildings feature partial vinyl panel siding and pitched composition shingle roofs
Ample open surface parking plus covered parking spaces
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Allen Park, 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.

Renovated Duplex with Two 2-Bedroom Units
Renovated Duplex with Two 2-Bedroom Units

2084 MARKESE Avenue, Lincoln Park, MI 48146

$210,000
1,794 sqft 0.27 AC lot

Fully renovated duplex with two updated 2-bedroom units, refinished flooring, and new A/C.

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Renovated Duplex Income Property
Renovated Duplex Income Property

2084 MARKESE Ave, Lincoln Park, MI 48146

$210,000

Renovated duplex with two 2-bedroom units featuring updated kitchens and baths plus new HVAC.

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Mixed-Use Apartment Building
Mixed-Use Apartment Building

23905 Eureka, Taylor, MI 48180

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Fully occupied 10-unit mixed-use apartment building with immediate residential income.

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Two Bedroom Cooperative Unit
Two Bedroom Cooperative Unit

9602 Cornell St, Taylor, MI 48180

$45,999

744 sq ft, 2 bedrooms, 1 bath cooperative unit.

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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.

Six Residential Lots Package Deal
Six Residential Lots Package Deal

HANOVER Street, Dearborn Heights, MI 48125

$325,000
0.17 AC lot

Six residential lots available as a package in Dearborn Heights.

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Residential Vacant Lot in Lincoln
Residential Vacant Lot in Lincoln

2105 Morris Avenue, Lincoln Park, MI 48146

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0.09 AC lot

Residential vacant lot in Lincoln Park, build your dream home!

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Development Land with Flexible Use
Development Land with Flexible Use

Wick Road, Taylor, MI 48180

$1,000,000
27.00 AC lot

A large parcel offered for residential and potential corner retail or office development, totaling about 26.14 acres.

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Dearborn Heights Vacant Residential Land
Dearborn Heights Vacant Residential Land

Currier Street, Dearborn Heights, MI 48125

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0.13 AC lot

Vacant land in Dearborn Heights, build your dream home!

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Allen Park, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Allen Park, MI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 28K
Population Growth (5Y) +2.8%
Median Household Income $80,045
College Educated 40.7%

Taxes & Financing

Tax Rate (average for all types) 6.00%
Property Tax per SF $46.51 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)

Property Size Breakdown

The majority of commercial real estate listings in Allen Park fall within the 50,000 to 100,000 square foot range.

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