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    Richmond, MI Residential Income Properties for Sale

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    Richmond Multi-Family Investment Opportunity
    $550,000
    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.
    Updated: Jan 30
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    Fully Occupied Multi-Family Investment
    $550,000

    Fully Occupied Multi-Family Investment

    70190 Main St, Richmond, MI 48062

    Five-unit property near Downtown Richmond with recent updates.

    • Fully occupied, income‑producing five‑unit multi‑family property.
    • Located minutes from Downtown Richmond.
    • Separately metered for gas, electric, and water, lowering operating expenses.
    • Rear duplex fully converted 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.
    View details
    Four-Unit Multifamily Investment Opportunity
    $225,000
    0.21 Acres

    Four-Unit Multifamily Investment Opportunity

    Four units on Main Street in prime rental location.

    70550 Main St, Richmond, MI 48062
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Richmond, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Columbus Lakefront Land - 12.75 Acres
    $295,000
    12.75 Acres

    Columbus Lakefront Land - 12.75 Acres

    Prime residential development opportunity. Private lake access.

    0 Bauman Rd, Columbus, MI 48063
    View details
    Columbus Mixed-Use Property on Acre
    $349,000
    1,572 SF

    Columbus Mixed-Use Property on Acre

    One-story brick building suitable for residential or commercial use.

    8760 Gratiot Ave, Columbus, MI 48063
    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.

    Richmond Development Site on Gratiot
    $184,900
    4.00 Acres

    Richmond Development Site on Gratiot

    Four-acre development site with dual road frontage near downtown Richmond.

    10000 Gratiot Ave, Richmond, MI 48063
    View details

    Richmond, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Richmond, MI, showcased through 3 active listings 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 $775,000.

    Sale prices for residential income properties in Richmond, MI start at $225,000, averaging $387,500, and reaching up to $550,000 — 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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