Residential Income

New Baltimore, MI Residential Income Properties for Sale

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Chesterfield Township, MI Lenox, MI Ira, MI Casco, MI Fair Haven, MI New Haven, MI Mount Clemens, MI Harsens Island, MI
Commercial Land with Road Frontage
Updated: Apr 23
Commercial Land with Road Frontage

New Baltimore, MI 48047

$875,000
7.00 AC lot
7‑acre parcel at 37320 26 Mile Road with approx. 259 ft of direct frontage on 26 Mile Road
Zoned Mixed‑Use 2 (MU‑2), allowing retail, office, service commercial, hospitality, and medium- to high‑density residential
Water source: public
Traffic count exceeds 21,000 vehicles per day; I‑94 interchange access less than 1 mile away
Within Chesterfield Township master plan for a future village‑scale mixed‑use development area
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Multi-Family Apartment Building
Updated: Jul 20
Multi-Family Apartment Building

36581 Hathaway Street, New Baltimore, MI 48047

Contact for pricing
42‑unit apartment building
Built in 1973
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in New Baltimore, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Corner Medical Clinic with Apartments
Corner Medical Clinic with Apartments

69206 N Main St, Richmond, MI 48062

$649,900
4,860 sqft

A downtown corner building with first-floor medical use plus five leased apartments, supported by flexible B-2 zoning.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

40 Ahrens Street, Mount Clemens, MI 48043

$349,900
2,134 sqft 0.18 AC lot

Three-unit triplex with six bedrooms and three bathrooms, city rental inspections, and tenants paying gas and electric.

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Updated Triplex Investment Opportunity
Updated Triplex Investment Opportunity

40 Ahrens St, Mount Clemens, MI 48043

$349,900
0.18 AC lot

Well-maintained triplex with contemporary updates, currently at capacity.

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25-Unit Multifamily Apartment Building
25-Unit Multifamily Apartment Building

36984 Division Rd, Richmond, MI 48062

$2,680,000

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

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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.

Waterfront Lot in New Baltimore
Waterfront Lot in New Baltimore

36566 N Pointe Drive, New Baltimore, MI 48047

$135,000
0.28 AC lot

Waterfront land ideal for custom home with walkout basement.

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Prime Development Property in Chesterfield
Prime Development Property in Chesterfield

New Baltimore, MI 48047

$6,000,000

High-density, mixed-use land for multi-residential development.

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Residential Land in New Baltimore
Residential Land in New Baltimore

2 HAMER, New Baltimore, MI 48047

$62,900
0.23 AC lot

Vacant land near marina and downtown New Baltimore.

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Residential Land in New Baltimore
Residential Land in New Baltimore

1 HAMER, New Baltimore, MI 48047

$75,900
0.37 AC lot

Vacant land near marina and downtown New Baltimore.

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Off-Market Properties in New Baltimore, MI

Consider similar Off-Market properties in New Baltimore, 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.

Fairchild Rd
Land

0 Fairchild Rd, New Baltimore, MI 48042

Value Estimation by Request
71.00 AC lot
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Anchor Dr
Land

0 Anchor Dr, New Baltimore, MI 48047

Value Estimation by Request
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27944 Cotton Rd
Land

27944 Cotton Rd, New Baltimore, MI 48047

Value Estimation by Request
365,000.00 AC lot
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33633 23 Mile Rd
Land

33633 23 Mile Rd, New Baltimore, MI 48047

Value Estimation by Request
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Kingsberry St
Land

0 Kingsberry St, New Baltimore, MI 48047

Value Estimation by Request
46.50 AC lot
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Avalon Mdw
Land

0 Avalon Mdw, New Baltimore, MI 48051

Value Estimation by Request
11.59 AC lot
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55370 Gratiot Ave
Land

55370 Gratiot Ave, New Baltimore, MI 48051

Value Estimation by Request
15.00 AC lot
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Hobarth Rd
Land

0 Hobarth Rd, New Baltimore, MI 48047

Value Estimation by Request
15.00 AC lot
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New Baltimore, MI Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in New Baltimore, MI on our real estate platform.

Sale prices for residential income properties in New Baltimore, MI average $875,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 2
Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 58K
Population Growth (5Y) -3.0%
Median Household Income $93,701
College Educated 35.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48047 $587K

Taxes & Financing

Tax Rate (average for all types) 4.18%
Property Tax per SF $85.17 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Macomb County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Macomb County

Retail

Office

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