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Richmond, MI Residential Income Properties for Sale

Richmond Multi-Family Investment Opportunity

$575,000

4,662 SF

Richmond Multi-Family Investment Opportunity

70190 Main St, Richmond, MI 48062

Fully occupied five-unit property near Downtown Richmond.

Fully occupied, income‑producing five‑unit multi‑family property.
Prime Richmond location, minutes from Downtown.
Separately metered units for gas, electric, and water, reducing operating expenses.
Rear duplex fully renovated in 2021 with all‑new utilities, interiors, and fire suppression system.
Main house units feature updates including newer furnaces, hot water tanks, AC wall units, flooring, and kitchen/bath remodels.

Last Update: Nov 25

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Four-Unit Multifamily Investment Opportunity

$225,000

Pending

Four-Unit Multifamily Investment Opportunity

70550 Main St, Richmond, MI 48062

Four units on Main Street in prime rental location.

Prime Main Street location close to downtown and shopping.
Four units provide diverse rental income streams.
Ample parking space available.
Includes a spacious main floor unit.
Two‑car garage with unit above.

Last Update: Mar 10

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

$295,000

12.75 Acres

Columbus Lakefront Land - 12.75 Acres

Prime residential development opportunity. Private lake access.

0 Bauman Rd, Columbus, MI 48063

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$34,900

1,700 SF

Spacious 4-Bedroom Manufactured Home

4-bedroom, 2-bath manufactured home on a generous lot.

1905 Magnolia St, Columbus, MI 48063

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$374,989

8.22 Acres

Vacant Land Ideal for Development

8.22 acre parcel approved for 48-96 unit apartment complex.

Gratiot Vacant, New Haven, MI 48048

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$999,795

8.22 Acres

Vacant Land in New Haven, MI

Land for a 96-unit luxury rental community with high ROI.

Gratiot Vacant, New Haven, MI 48048

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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.

$84,900

2.39 Acres

Richmond Vacant Land For Sale

2.39 acre building site near Richmond, Michigan.

Hebel Rd, Richmond, MI 48062

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$40,000

0.17 Acres

Buildable Lot in Richmond, MI

Vacant residential land available in Richmond, Michigan.

Howard St, Richmond, MI 48062

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$199,900

4.00 Acres

Prime Vacant Land in Richmond

4-acre corner lot suitable for residential or commercial development.

10000 Gratiot Ave, Richmond, MI 48063

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$67,400

1.50 Acres

Residential Land on Armada Ridge

1.5 acre residential parcel in Richmond, Michigan.

00 Armada Ridge Rd, Richmond, MI 48062

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Richmond, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Richmond, MI on our real estate platform. These investment opportunities span a total of 23,958 square feet of properties for sale, with an estimated market value of $800,000.

Prices for residential income properties in Richmond, MI start at $225,000, averaging $400,000, and reaching up to $575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Richmond, MI Residential Income Properties for Sale

Richmond Multi-Family Investment Opportunity

Fully occupied five-unit property near Downtown Richmond.

Four-Unit Multifamily Investment Opportunity

Four units on Main Street in prime rental location.