Clay, MI Residential income properties for sale

Updated: Aug 25

7-Unit Apartment Building with Porches

1523 Saint Clair River Drive, Algonac, MI 48001

$595,000

4,565 sqft 0.17 AC lot

7‑unit apartment property with 4,565 square feet of building area
0.17‑acre parcel in Algonac, MI
Interior updates completed within the last 5 years, including flooring, tile bathrooms, and paint
Updated interior sewer lines and coin‑operated washer and dryer
Separate meters for gas and electric

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Updated: Jul 26

Renovated Short-Term Rental Property

1401 Saint Clair Boulevard, Algonac, MI 48001

$214,900

1,404 sqft 0.70 AC lot

1404‑square‑foot building on 0.7 acres
Fully renovated two‑bedroom cottage operated as a VRBO
Separate salon section provides additional monthly rental income
Open living area and full kitchen with Smart TV and Wi‑Fi
Two blocks from the public boat launch and walkable to downtown Algonac

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Waterfront Duplex with Boathouse

7846 Stark Drive, Clay, MI 48001

$699,900

2,850 sqft 0.22 AC lot

Two dedicated living areas create flexible space for multigenerational living or vacation use.

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See what stands out in St. Clair County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Waterfront Bar and Restaurant

9724 Pearl Beach Boulevard, Clay, MI 48001

$325,000

4,400 sqft 0.38 AC lot

Turnkey bar and restaurant with a fully equipped kitchen and an on-site multi-bedroom apartment above.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Clay, 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.

25-Unit Multifamily Apartment Building

36984 Division Rd, Richmond, MI 48062

$2,490,000

11,808 sqft

Well-maintained 25-unit multifamily property currently 100% occupied with ample parking and a large lot.

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Commercial Land with Road Frontage

New Baltimore, MI 48047

$875,000

7.00 AC lot

Mixed-use zoned 7-acre parcel with approximately 259 feet of direct road frontage and a month-to-month tenant in place.

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Multi-Family Apartment Building

36581 Hathaway Street, New Baltimore, MI 48047

Contact for pricing

Apartment building offering 42 units and positioned as a value-add opportunity in a growing lakeshore community.

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Mixed-Use Building with Retail

68265 Main St., Richmond, MI 48062

Contact for pricing

Mixed-use property combining ground-floor commercial space with two residential apartments.

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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.

Residential Land in Clay, MI

24 Vacant Lots Land, Clay, MI 48001

$75,000

3.21 AC lot

Vacant land with upside potential in Edgewater Park Subdivision.

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Wooded Residential Development Land

Taft Road, Clay, MI 48001

$149,900

27.62 AC lot

Wooded residential acreage with 97 feet of road frontage and room to expand behind neighboring homes.

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2.3-Acre Wooded Residential Parcel

6136 High Road, Clay, MI 48001

$79,900

2.39 AC lot

2.3-acre wooded parcel ideal for building a dream home.

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Residential Land on Harsens Island

407-425 N Channel Drive, Harsens Island, MI 48028

$70,000

0.49 AC lot

Residential land lots available on Harsens Island, Michigan.

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Clay, MI Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Clay, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,219 square feet of properties for sale, with an estimated market value of $1,834,800.

Sale prices for residential income properties in Clay, MI start at $214,900, averaging $458,700, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Algonac - 48001	$512.5K

Neighborhood

Average Price

Algonac - 48001

$512.5K