Lexington, MI
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    Lexington, MI Residential Income Properties for Sale

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    Croswell, MI Yale, MI Fort Gratiot, MI
    Commercial Building with Private Parking
    $349,900
    1,600 SF
    Commercial Building with Private Parking

    5520 Main Street, Lexington, MI 48450

    Mixed-use building on Main Street with private parking, a leased fitness facility, and updated heating and building improvements.
    • Commercial building on Main Street (M‑25) in the Village of Lexington with private parking and public utilities
    • Main floor leased long‑term; Cadillac House Hotel uses the space as its exercise/fitness facility
    • Upper level includes 2‑bedroom, 1‑bath living quarters currently used as an AirBnB by the owners
    • Recent updates include new roof (2020), vinyl siding (2020), and new windows for the main floor and upper units (2020)
    • Comfort features include natural gas wall furnaces for each level plus mini‑splits; heat pump provides heating and cooling
    Updated: Sep 20, 2025
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    Lakeview Condo in Lexington Village
    $260,000
    1,058 SF
    Lakeview Condo in Lexington Village

    5749 Main #29, Lexington, MI 48450

    Main-floor condo with lake views, private beach, and village access.
    • Private beach access (200+ feet) and lakeside deck.
    • Main‑floor condo with open floorplan and covered patio with lake view.
    • HOA covers lawn care, landscaping, exterior maintenance, insurance, and snow removal.
    • Walking distance to Village stores, churches, theater, and restaurants.
    • Features 2 bedrooms with walk‑in closets and 2 bathrooms.
    Updated: Jun 28, 2025
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Live-Work Commercial Building
    $249,900
    2,320 SF
    Live-Work Commercial Building

    Mixed-use B1-zoned building with office space, heated/cooled garage, and a renovated loft apartment above.

    1026 State Street, Port Huron, MI 48060

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    Four-Unit Multifamily Property on Main
    $225,000
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main St, Richmond, MI 48062

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    Four-Unit Multifamily Investment Property
    $250,000
    0.12 Acres
    Four-Unit Multifamily Investment Property

    Four-unit property generating $4,625/month gross rent, rental certified.

    413 15th St, Port Huron, MI 48060

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    Four-Unit Multifamily Property on Main
    $225,000
    0.21 Acres
    Four-Unit Multifamily Property on Main

    Four units in prime rental area near downtown shopping.

    70550 Main Street, Richmond, MI 48062

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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.

    Rare Vacant Land Parcel
    $295,000
    Rare Vacant Land Parcel

    Large vacant land parcel in Lexington, high-traffic location.

    5760 Main St, Lexington, MI 48450

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    12.5 Acre Wooded Vacant Land
    $229,900
    12.50 Acres
    12.5 Acre Wooded Vacant Land

    Large wooded parcel near Lexington with city utilities available.

    Lakeshore Road, Lexington, MI 48450

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    Lexington Vacant Land Near Beach
    $99,000
    0.47 Acres
    Lexington Vacant Land Near Beach

    Residential lot in Blue Water Beach Subdivision with community beach access.

    Sunset Boulevard, Lexington, MI 48450

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    Wooded Land Parcel on M-25
    $195,000
    18.10 Acres
    Wooded Land Parcel on M-25

    18.1 acre wooded residential land parcel in Lexington, Michigan.

    M 25 Highway, Lexington, MI 48450

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    Off-Market Properties in Lexington, MI

    Consider similar Off-Market properties in Lexington, 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.

    6805 Peck Rd
    Land
    Lot: 14.00 Acres
    Value Estimation by Request

    6805 Peck Rd, Lexington, MI 48450

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    7611 Holiday Rd
    Land
    Lot: 0.27 Acres
    Value Estimation by Request

    7611 Holiday Rd, Lexington, MI 48450

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    Lexington, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Lexington, MI on our real estate platform. These investment opportunities span a total of 2,658 square feet of properties for sale, with an estimated market value of $609,900.

    Sale prices for residential income properties in Lexington, MI start at $260,000, averaging $304,950, and reaching up to $349,900 — 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

    Multifamily properties 3
    Short term rental properties 2
    Apartment buildings 1
    Small apartment buildings 1

    Demographics Overview

    Population 4,413
    Population Growth (5Y) -3.5%
    Median Household Income $58,297
    College Educated 35.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48450 $305K

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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