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    Parchment, MI Residential Income Properties for Sale

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    Fully Occupied 8-Unit Apartment Building
    $500,000
    0.30 Acres

    Fully Occupied 8-Unit Apartment Building

    114 E Thomas St, Parchment, MI 49004

    Solid brick, low-maintenance apartment building with strong rental history.

    • Solid brick 8‑unit apartment building
    • Fully occupied with on‑site management, ensuring smooth operations
    • Strong rental history, a testament to its desirability
    • Low‑maintenance design
    • Each unit features 1 bed, 1 bath, and private storage
    Updated: Dec 18, 2025
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    Parchment Multifamily Investment Opportunity
    $1,700,000
    0.75 Acres

    Parchment Multifamily Investment Opportunity

    503 N Riverview Dr, Parchment, MI 49004

    24-unit apartment complex in prime location with value-add potential.

    • Prime rental market location with excellent occupancy history and long‑term tenant stability.
    • Strong potential for value‑add by converting up to 19 units into 2‑bedroom units.
    • Currently generating approximately $20,000 in total monthly revenue.
    • 24‑unit complex featuring mostly spacious 1‑bedroom units and a single 2‑bedroom unit.
    • Includes 25 total parking spaces (carport and lot) and two coin laundry rooms.
    Updated: Dec 3, 2025
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    24-Unit Apartment Complex For Sale
    $1,700,000

    24-Unit Apartment Complex For Sale

    24-unit apartment complex with value-add potential in Parchment, MI.

    503 N Riverview Dr, Parchment, MI 49004
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Parchment, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Kalamazoo Multifamily Property with Updates
    $185,000
    0.10 Acres

    Kalamazoo Multifamily Property with Updates

    Unique multifamily or single-family property with recent updates and rental potential.

    1620 N Edwards St, Kalamazoo, MI 49007
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    Versatile Duplex or Single-Family Home
    $185,000

    Versatile Duplex or Single-Family Home

    Convertible property: single-family, rental, or owner-occupied duplex.

    1620 N Edwards St, Kalamazoo, MI 49007
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    Galesburg Triplex Investment Opportunity
    $224,900

    Galesburg Triplex Investment Opportunity

    Well-maintained, fully rented triplex in Galesburg with immediate income.

    46 Grv St, Galesburg, MI 49053
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    Income-Producing Triplex in Galesburg
    $224,900
    0.25 Acres

    Income-Producing Triplex in Galesburg

    Fully occupied triplex near Kalamazoo and Battle Creek.

    46 Grv St, Galesburg, MI 49053
    View details

    Parchment, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Parchment, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 45,738 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for residential income properties in Parchment, MI start at $500,000, averaging $1,100,000, and reaching up to $1,700,000 — 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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