Richmond, MI
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    Richmond, MI Residential Income Properties for Sale

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    Casco, MI New Haven, MI Lenox, MI
    Four-Unit Multifamily Property on Main
    $225,000
    Four-Unit Multifamily Property on Main

    70550 Main St, Richmond, MI 48062

    Four units in prime rental area near downtown shopping.
    • Four units offering strong rental income potential
    • Prime Main Street location
    • Ample parking space
    • Close proximity to Downtown
    • Convenient access to shopping
    Updated: Apr 27
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    Four-Unit Multifamily Property on Main
    $225,000
    0.21 Acres
    Four-Unit Multifamily Property on Main

    70550 Main Street, Richmond, MI 48062

    Four units in prime rental area near downtown shopping.
    • Four units offer strong rental income potential.
    • Prime Main Street location.
    • Close proximity to downtown and shopping.
    • Ample parking space available for tenants and guests.
    • Unit above the two‑car garage.
    Updated: Mar 24
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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.

    Opportunities in Nearby Cities

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

    Updated Triplex Investment Property
    $349,900
    2,134 SF
    Updated Triplex Investment Property

    Three-unit triplex with contemporary interior finishes and in-place city rental inspections.

    40 Ahrens Street, Mount Clemens, MI 48043

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    Residential Land with Rental Homes
    $1,950,000
    7.90 Acres
    Residential Land with Rental Homes

    Land offering two existing rental homes near Ascension-St. John Hospital and retail development areas.

    50675-50811 Romeo Plank Road, Macomb, MI 48044

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    Two-Story Office Conversion Opportunity
    $189,900
    2,614 SF
    Two-Story Office Conversion Opportunity

    Value-add redevelopment site with separately metered utilities and existing second-floor kitchens and bathrooms for residential conversion.

    Mount Clemens, MI 48043

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    Condo Near Hall Road, I-94
    Contact for pricing
    Condo Near Hall Road, I-94

    Condo with new flooring, fireplace, basement, and fenced backyard.

    124 mark, Macomb, MI 48043

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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.

    Prime Development Site in Richmond
    $159,900
    4.00 Acres
    Prime Development Site in Richmond

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

    10000 Gratiot Avenue, Richmond, MI 48063

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    Columbus, MI Vacant Land
    $295,000
    12.18 Acres
    Columbus, MI Vacant Land

    12.18 acre building site with private lake.

    Bauman Road, Columbus, MI 48063

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    Residential/Agricultural Land Parcel
    $145,000
    12.33 Acres
    Residential/Agricultural Land Parcel

    About 12 acres with a cleared build area, wooded acreage, and utilities available at the road in Casco Township.

    Lindsey Road, Casco, MI 48064

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    Buildable Hobby Farm Parcel
    $108,900
    9.94 Acres
    Buildable Hobby Farm Parcel

    Nearly 10-acre building parcel allowing outbuildings for hobby storage and hobby farming or 4‑H animals.

    Columbus, MI 48063

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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 0 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for residential income properties in Richmond, MI start at $225,000, averaging $225,000, and reaching up to $225,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Quadplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 9,273
    Population Growth (5Y) -3.4%
    Median Household Income $75,763
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48062 $333.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.76%
    Property Tax per SF $84.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

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