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    Novi, MI
    Residential Income

    Novi, MI Residential Income Properties for Sale

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    Wixom, MI South Lyon, MI Northville, MI Walled Lake, MI Commerce Township, MI Farmington Hills, MI Farmington, MI Milford, MI
    Apartment Building with Geothermal HVAC
    Updated: Jun 2
    Apartment Building with Geothermal HVAC

    26095 Taft Road, Novi, MI 48374

    $4,300,000
    17,359 sqft 11.53 AC lot
    17,359 SF building on 11.53 acres built in 2009
    Zoned RT‑PRO & R1 Residential
    12 one‑bedroom apartments with geothermal heating and cooling
    Includes community room, dining room, and a commercial kitchen
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    Mixed-Use Building with Two Apartments
    Updated: Apr 11
    Mixed-Use Building with Two Apartments

    44855 Grand River Ave, Novi, MI 48375

    Contact for pricing
    Mixed‑use building on Grand River: first‑floor commercial space plus two 1‑bedroom apartments on the second floor
    First floor is 1,300 SF, fully updated with commercial‑grade flooring and freshly painted interior; currently vacant
    Second floor has two occupied 1‑bedroom apartments generating approx. $20,000 annual cash flow
    Current apartments have room for more, with approx. $50,000+ per year when fully occupied
    Located about 1 mile from 12 Oaks Mall
    View details
    See what stands out in Oakland County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    12-Unit Residential Income Property
    12-Unit Residential Income Property

    28214 Oakmonte Cir W, New Hudson, MI 48165

    $3,350,000
    17,570 sqft

    Well-maintained 12-unit condo building with all units occupied and a mix of 2- and 3-bedroom layouts.

    View details
    12-Unit Multifamily Condo Building
    12-Unit Multifamily Condo Building

    28214-28234 Oakmonte Circle West, New Hudson, MI 48165

    Contact for pricing
    17,570 sqft

    Well-maintained 12-unit condo building with a mix of 2- and 3-bedroom units, all currently occupied.

    View details
    Vacant Land, Northville Twp, MI
    Vacant Land, Northville Twp, MI

    19524 Fry Road, Northville, MI 48167

    $585,000
    1.00 AC lot

    Residential land & home lots · 1.00 Acre

    View details
    LAND - Northville, MI
    LAND - Northville, MI

    631 N Center Street, Northville, MI 48167

    $442,500
    0.40 AC lot

    Residential land & home lots · 0.40 Acres

    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.

    Novi Land For Sale
    Novi Land For Sale

    45800 GRAND RIVER Avenue, Novi, MI 48374

    $1,200,000
    2.00 AC lot

    Two acre parcel in Novi's City West zoning district.

    View details
    Residential Land in Novi, MI
    Residential Land in Novi, MI

    2094 Austin Drive, Novi, MI 48377

    $325,000
    0.17 AC lot

    Residential lot with sunset views, close to amenities.

    View details
    Residential Land in Novi, MI
    Residential Land in Novi, MI

    26800 Napier Road, Novi, MI 48374

    $295,000
    5.00 AC lot

    5-acre residential zoned land parcel in Novi, South Lyon Schools.

    View details
    Novi Land with Northville Schools
    Novi Land with Northville Schools

    48000 Eight Mile Road, Northville, MI 48167

    $1,000,000
    9.54 AC lot

    9.54 acre lot in Novi with Northville schools.

    View details

    Off-Market Properties in Novi, MI

    Consider similar Off-Market properties in Novi, 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.

    26822 Meadowbrook Rd
    Land

    26822 Meadowbrook Rd, Novi, MI 48377

    Value Estimation by Request
    14.50 AC lot
    View details
    46735 12 Mile Rd
    Land

    46735 12 Mile Rd, Novi, MI 48377

    Value Estimation by Request
    View details
    45800 Grand River Ave
    Multifamily properties

    45800 Grand River Ave, Novi, MI 48374

    Value Estimation by Request
    View details

    Novi, MI Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 17,359 square feet of properties for sale, with an estimated market value of $4,300,000.

    Sale prices for residential income properties in Novi, MI average $4,300,000 — 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

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48374 $4.3M

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Novi fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Novi, MI

    • 48374
    • 48375

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