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    Ray, MI Residential Income Properties for Sale

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    Mixed-Use Building in Ray, MI
    $375,000
    3,752 SF

    Mixed-Use Building in Ray, MI

    21710 29 Mile Rd, Ray, MI 48096

    Two apartments plus commercial space in high-traffic area.

    • High CAP Rate (8% or more) with potential for increased rental income.
    • Versatile lower level: Can be used as living quarters or converted to business use (store, retail, office).
    • Two spacious 2‑bedroom apartments provide steady rental income.
    • Prime location with high traffic counts and high visibility.
    • Land contract available.
    Updated: Dec 14, 2025
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    Mixed-Use Building in Ray, MI
    $375,000
    3,752 SF

    Mixed-Use Building in Ray, MI

    21710 29 Mile Rd, Ray, MI 48096

    Two-story, three-unit building with business potential in Ray, MI.

    • 8% or more CAP Rate (current rent below area average)
    • Prime location with high traffic and visibility
    • Three units: two 2‑bed/1‑bath apartments (938 sqft each) and a large lower level (1876 sqft)
    • Lower level suitable for business use (store, retail, office, etc.) or living quarters
    • Each unit has a private entrance
    Updated: Dec 14, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Ray, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

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

    Macomb Township Residential Land
    $135,000
    1.00 Acre

    Macomb Township Residential Land

    Build Your Dream Home on 1 Acre

    24210 24 Mile Rd, Macomb, MI 48042
    View details
    Modern Condo in Macomb Township
    $286,900

    Modern Condo in Macomb Township

    Spacious 2-bedroom condo built in 2021 with modern amenities.

    22059 Aberdeen Dr, Macomb, MI 48042
    View details
    Avalon Meadows: 11.59 Acres
    $950,000
    11.59 Acres

    Avalon Meadows: 11.59 Acres

    Prime Commercial/Residential Land, I-94 Proximity

    0 Avalon Mdws, New Baltimore, MI 48051
    View details
    15 Acres Chesterfield Multifamily Land
    $2,499,000
    15.00 Acres

    15 Acres Chesterfield Multifamily Land

    Prime multifamily land, high visibility, excellent location.

    55370 Gratiot Ave, New Baltimore, MI 48051
    View details

    Ray, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Ray, MI on our real estate platform. These investment opportunities span a total of 2,670,228 square feet of properties for sale, with an estimated market value of $3,150,000.

    Prices for residential income properties in Ray, MI start at $375,000, averaging $1,050,000, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Ray, MI

    • 48096
    • 48042

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