Residential Income

Imlay City, MI Residential Income Properties for Sale

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Attica, MI Almont, MI Dryden, MI Capac, MI Lapeer, MI Mussey, MI North Branch, MI Romeo, MI
Three-Unit Apartment Building
Updated: Jul 20
Three-Unit Apartment Building

170 Bancroft St, Imlay City, MI 48444

$249,900
Three‑unit apartment property near Imlay City’s central business district
Current tenants are on month‑to‑month rental arrangements
Tenants pay their own electricity and natural gas
Walking distance to downtown Imlay City and the community pool
Owned by the same party for 20 years
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Imlay City, 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.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

4253 Main St, Brown City, MI 48416

$150,000
1,792 sqft

Commercially zoned property combines a salon space with a two-bedroom apartment and in-unit laundry.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

220 W Park Street, Lapeer, MI 48446

$198,000
1,621 sqft 0.17 AC lot

Fully leased property with an updated bathroom, laundry area, porch access, and included appliances.

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Two-Unit Duplex with New Roof
Two-Unit Duplex with New Roof

4253 Main Street, Brown City, MI 48416

$150,000
1,792 sqft 0.11 AC lot

Brick two-unit property with a salon and apartment, both occupied by long-term tenants.

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6-Unit Renovated Apartment Building
6-Unit Renovated Apartment Building

315 E Nepessing St, Lapeer, MI 48446

$700,000
4,850 sqft

Six apartments provide a balanced mix of one- and two-bedroom floor plans in a fully leased property.

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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 Dryden Township
Residential Land in Dryden Township

13 Single Tree Circle, Dryden, MI 48428

$45,000
3.16 AC lot

3.16 acres perfect for building a dream home.

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Almont Twp Land Opportunity
Almont Twp Land Opportunity

Hough Road, Almont, MI 48003

$265,000
19.33 AC lot

19+ acres in Almont Twp, ready for development.

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Almont, MI: 19+ Acre Land
Almont, MI: 19+ Acre Land

Hough Road, Almont, MI 48003

$285,000
19.33 AC lot

19+ acres of land suitable for building and planting crops.

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Dryden Twp 3-Acre Parcel
Dryden Twp 3-Acre Parcel

5541 Bordman Road, Dryden, MI 48428

$150,000
3.00 AC lot

3-acre parcel in Dryden Twp with pond view.

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Imlay City, MI Residential Income Properties Market Trends and Statistics

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

Sale prices for residential investment properties in Imlay City, MI average $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1
Triplexes 1

Demographics Overview

Population 9,320
Population Growth (5Y) -5.6%
Median Household Income $69,010
College Educated 16.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48444 $249.9K

Taxes & Financing

Tax Rate (average for all types) 4.21%
Property Tax per SF $81.34 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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