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    Hazel Park, MI
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    Hazel Park, MI Residential Income Properties for Sale

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    Ferndale, MI Madison Heights, MI Warren, MI
    New Construction Multifamily Investment Opportunity
    $1,750,000
    0.50 Acres

    New Construction Multifamily Investment Opportunity

    1241 E Woodward Heights Blvd, Hazel Park, MI 48030

    New construction 8-unit multifamily property in Southeast Oakland County.

    • New construction (2019) means minimal maintenance for years to come.
    • Eight townhouse‑style units offer a great investment opportunity.
    • Highly desirable Southeast Oakland County location.
    • Each unit features 2 bedrooms, 2 full bathrooms, and the convenience of in‑unit laundry.
    • Enjoy the added benefit of an attached garage for each unit.
    Updated: Mar 25
    View details
    Hazel Park Development Opportunity
    $1,200,000
    1.21 Acres

    Hazel Park Development Opportunity

    23930 John R Rd, Hazel Park, MI 48030

    Prime 1.21-acre development site in Hazel Park, Michigan.

    • 1.21‑acre development site at the signalized corner of John R Road and Woodward Heights.
    • Zoned CMN, supporting mixed‑use development.
    • Secured Tax Increment Financing (TIF) incentives from the City.
    • High‑visibility location within the growing Hazel Park market.
    • Preliminary planning for multi‑story project with ground floor retail and residential units.
    Updated: Mar 17
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hazel Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Madison Heights Duplex with Upside
    $275,000
    1,584 SF

    Madison Heights Duplex with Upside

    Cash-flowing duplex with value-add potential in Madison Heights.

    31 W BARRETT Avenue, Madison Heights, MI 48071
    View details
    Updated Duplex with Income Potential
    $319,900

    Updated Duplex with Income Potential

    Well-maintained duplex generating $2,800/month rental income in Ferndale, MI.

    1529 Silman St, Ferndale, MI 48220
    View details
    Updated Duplex Near Downtown Ferndale
    $325,000

    Updated Duplex Near Downtown Ferndale

    Updated top/bottom duplex in desirable Ferndale location, delivered vacant.

    393 Wordsworth St, Ferndale, MI 48220
    View details
    Madison Heights Duplex with Upside
    $275,000

    Madison Heights Duplex with Upside

    Cash-flowing duplex with value-add potential in Madison Heights.

    31 W BARRETT Ave, Madison Heights, MI 48071
    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.

    Hazel Park Development Opportunity
    $849,000
    1.66 Acres

    Hazel Park Development Opportunity

    1.66 acres for residential development near Amazon.

    24095 VANCE, Hazel Park, MI 48030
    View details
    Residential Lot in Hazel Park
    Contact for pricing
    0.10 Acres

    Residential Lot in Hazel Park

    Vacant lot for new home construction in established neighborhood.

    E Madge lot: #34, Hazel Park, MI 48030
    View details
    Vacant Lot in Hazel Park
    Contact for pricing
    0.11 Acres

    Vacant Lot in Hazel Park

    Rare vacant lot to build your dream home.

    W Evelyn Avenue, Hazel Park, MI 48030
    View details
    Buildable Lot in Hazel Park
    Contact for pricing
    0.15 Acres

    Buildable Lot in Hazel Park

    Residential land for sale in Hazel Park, Michigan.

    W Milton Avenue, Hazel Park, MI 48030
    View details

    Off-Market Properties in Hazel Park, MI

    Consider similar Off-Market properties in Hazel Park, 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.

    1241 Woodward Heights Blvd

    1241 Woodward Heights Blvd

    Multifamily properties
    Value Estimation by Request
    1241 Woodward Heights Blvd, Hazel Park, MI 48030
    View details

    Hazel Park, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Hazel Park, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,950,000.

    Sale prices for residential income properties in Hazel Park, MI start at $1,200,000, averaging $1,475,000, and reaching up to $1,750,000 — 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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    Operating Costs & Financing

    Tax Rate (average for all types) 6.91%
    Property Tax per SF $49.27 per sq ft
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Hazel Park fall within the 10,000 to 25,000 square foot range.

    Leading Commercial Asset Segments

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Hazel Park Demographics Overview

    Population 15K
    Population Growth (5Y) -9.9%
    Median Household Income $62,878
    College Educated 30.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hazel Park submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48030 $1.5M

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