Residential Income

Birmingham, MI Residential Income Properties for Sale

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Loft-Style Apartment Building
Updated: Apr 11
Loft-Style Apartment Building

1193 Floyd St, Birmingham, MI 48009

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8‑unit apartment building on Floyd Street, south of E. Lincoln Street and just west of Woodward Ave (M‑1)
Unit mix: 4 one‑bed/one‑bath units (811 SF) and 4 two‑bed/two‑bath loft‑style units (1,140 SF)
Two‑bedroom units include a 455 SF balcony overlooking St. James Park
One‑bedroom units are on the ground floor and feature a small patio and garden area along the south side adjacent to St. James Park
12 parking spaces total: 1 per resident plus 4 additional guest spaces
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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 Birmingham, 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.

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

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Duplex with Central Air
Duplex with Central Air

2009 W 14 Mile Road, Royal Oak, MI 48073

$414,900
2,027 sqft 0.24 AC lot

Two-unit duplex with central air; each unit offers two bedrooms and one full bathroom.

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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.

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Royal Oak Duplex Investment Opportunity
Royal Oak Duplex Investment Opportunity

2009 W 14 Mile Rd, Royal Oak, MI 48073

$414,900

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

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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.

Bloomfield Hills Building Site
Bloomfield Hills Building Site

Brookdale Rd, Bloomfield Hills, MI 48304

$1,495,000
3.01 AC lot

Prime residential land in prestigious Bloomfield Hills neighborhood.

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Commercial
Commercial

3490 12 MILE Rd, Berkley, MI 48072

$5,900,000
2.50 AC lot

Commercial land · 2.50 Acres

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Residential Land in Bloomfield Township
Residential Land in Bloomfield Township

Bloomfield Hills, MI 48302

$495,000
3.70 AC lot

3.7-acre lot in Bloomfield Township with pond access.

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Residential Land in Bloomfield Township
Residential Land in Bloomfield Township

Berkshire, Bloomfield Twp, MI 48302

$699,000
1.50 AC lot

1.5 acre residential land for sale in Bloomfield Township.

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Birmingham, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Birmingham, 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 2
Multifamily properties 2

Demographics Overview

Population 22K
Population Growth (5Y) +2.6%
Median Household Income $152,443
College Educated 58.6%

Taxes & Financing

Tax Rate (average for all types) 3.37%
Property Tax per SF $7.02 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 Birmingham fall within the 5,000 to 10,000 square foot range.

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