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    Ray Township, 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
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ray Township, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    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

    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.

    Land with Runway Access
    $199,900
    3.26 Acres

    Land with Runway Access

    3.2 acre wooded parcel with airport runway access.

    59405 Pilot Ln, Ray Twp, MI 48096
    View details
    90+ Acre Land Parcel
    $3,199,777
    90.83 Acres

    90+ Acre Land Parcel

    90.83 acres of land in Ray Township with development potential.

    20144 32 Mile Rd, Ray Twp, MI 48096
    View details
    52.47 Acres of Prime Land
    $1,575,777
    52.47 Acres

    52.47 Acres of Prime Land

    52.47 acres in Ray, MI with development potential.

    00000 32 Mile Rd, Ray, MI 48096
    View details

    Ray Township, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Ray Township, 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 Township, 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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    Browse Residential income properties for Sale Near Ray Township, MI

    Popular Searches in Ray Township, MI

    Most Searched ZIP Codes in Ray Township, MI

    • 48096
    • 48042

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