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    Memphis, MI
    Residential Income

    Memphis, MI Residential Income Properties for Sale

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    Columbus, MI Riley, MI Richmond, MI
    Downtown Memphis Mixed-Use Property
    Updated: Apr 27
    Downtown Memphis Mixed-Use Property

    80847 Main St, Memphis, MI 48041

    $220,000
    Mixed‑use property with commercial storefront and 3‑bedroom residential apartment.
    Prime downtown Memphis location with high visibility and foot traffic.
    Multiple income streams from commercial and residential rentals.
    Ideal for owner‑occupant to live and work on‑site.
    Surrounded by local shops, dining, and community activity.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Memphis, 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.

    Duplex with Month-to-Month Tenancy
    Duplex with Month-to-Month Tenancy

    1502-1504 Connecticut Avenue, Marysville, MI 48040

    $219,900
    1,824 sqft · 0.11 AC lot

    Two-unit duplex for sale with both units occupied on month-to-month leases, offering flexible ownership options.

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    Four-Unit Multifamily Property on Main
    Four-Unit Multifamily Property on Main

    70550 Main St, Richmond, MI 48062

    $225,000

    Four units in prime rental area near downtown shopping.

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    Four-Unit Multifamily Property on Main
    Four-Unit Multifamily Property on Main

    70550 Main Street, Richmond, MI 48062

    $225,000
    0.21 AC lot

    Four units in prime rental area near downtown shopping.

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    Marysville Condo with Carport
    Marysville Condo with Carport

    1875 Michigan #A12, Marysville, MI 48040

    $74,000

    Well-maintained 2-bedroom condo with carport near St. Clair River.

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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.

    Versatile Land in Memphis, MI
    Versatile Land in Memphis, MI

    80375 MAIN Street, Memphis, MI 48041

    $199,999
    4,232 sqft · 0.76 AC lot

    Commercial/Residential land in the heart of Memphis, Michigan.

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    Cleared Residential-Use Land in Overlay
    Cleared Residential-Use Land in Overlay

    Main Street, Memphis, MI 48041

    $114,900
    1.01 AC lot

    Two cleared lots with city utilities at the street, zoned residential yet within a commercial overlay district.

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    Residential Land Near Golf Course
    Residential Land Near Golf Course

    Belle River Lot Q Road, Riley, MI 48041

    $65,900
    3.20 AC lot

    3.2-acre residential lot across from Belle River Golf Course.

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    Land Near Belle River Golf
    Land Near Belle River Golf

    Belle River Lot R Road, Riley, MI 48041

    $65,900
    3.09 AC lot

    Vacant land near golf course, ready to build on.

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    Memphis, MI Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Memphis, 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 $220,000.

    Sale prices for residential income properties in Memphis, MI start at $220,000, averaging $220,000, and reaching up to $220,000 — 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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    Demographics Overview

    Population 4,385
    Population Growth (5Y) -2.3%
    Median Household Income $87,599
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48041 $220K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $71.18 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Clair County

    New Delisted

    Total CRE Inventory on Market (SF)

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