Residential Income

Romulus, MI Residential Income Properties for Sale

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Sumpter Twp, MI Wayne, MI Brownstown Township, MI Wyandotte, MI Canton, MI Taylor, MI Inkster, MI Ypsilanti, MI
Romulus Land with Commercial Potential
Updated: Dec 23, 2024
Romulus Land with Commercial Potential

25679 Sibley Road, Romulus, MI 48174

$1,150,000
2.12 AC lot
Commercial Usage Potential: Property reverts to commercial usage upon sale, offering business opportunities.
Large Lot Size: Approximately 5 acres of land.
Convenient Location: Enjoy easy access to freeways and local shopping.
Included Lot: Sale includes lot # 70024990045000.
Utilities Available: Electricity is available on the property.
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Renovated Two-Unit Duplex
Updated: Oct 28
Renovated Two-Unit Duplex

36024 Goddard Rd, Romulus, MI 48174

$169,900
0.41 AC lot
Two units: 2‑bedroom, 1‑bath main‑level residence and upstairs studio
Upstairs studio has a private entrance, kitchen, and full bath
Full basement includes laundry
Boiler heat with separate zones for each unit
Separate gas and electric meters; water is shared
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2 active listings match your search: Residential Income for sale in Romulus, MI. Based on your search, we've also compiled 16 Potential Opportunities for your consideration: 4 properties in nearby cities, 8 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Mixed-Use Property with Storefronts
Mixed-Use Property with Storefronts

23589 Van Born Road, Taylor, MI 48180

$650,000
6,642 sqft 0.10 AC lot

Corner property combines two commercial spaces with two leased residential apartments and a neighboring garage and parking lot.

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Wayne Multifamily Investment Opportunity
Wayne Multifamily Investment Opportunity

35449 Clinton St, Wayne, MI 48184

$199,000
2,000 sqft

Nine-unit property in Wayne with immediate and consistent cash flow.

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Updated Condo in Quiet Wayne
Updated Condo in Quiet Wayne

33090 Forest Park, Wayne, MI 48184

$229,000
1,780 sqft

Updated 2-bedroom condo with modern amenities and spacious layout.

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Mixed-Use Property with Two Storefronts
Mixed-Use Property with Two Storefronts

23589 Van Born Rd, Taylor, MI 48180

$650,000

Corner property combines commercial space with two leased residential units.

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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.

Romulus Land Near Airport
Romulus Land Near Airport

15715 Merriman Road, Romulus, MI 48174

$2,000,000
9.23 AC lot

9.23 acres of land near Detroit Metro Airport.

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Romulus Buildable Residential Lot
Romulus Buildable Residential Lot

16265 HARRISON, Romulus, MI 48174

$32,900
0.34 AC lot

Buildable lot with mature trees near school and freeways.

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Residential Lot in Romulus, MI
Residential Lot in Romulus, MI

16277 HARRISON, Romulus, MI 48174

$32,900
0.36 AC lot

Buildable lot with mature trees near schools and freeways.

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Taylor Land Parcel For Sale
Taylor Land Parcel For Sale

Vacant Land Pennsylvania Rd, Taylor, MI 48180

$150,000
9.77 AC lot

9.77 acre residential land parcel in Taylor, Michigan.

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Off-Market Properties in Romulus, MI

Consider similar Off-Market properties in Romulus, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Middlebelt & Leroy
Land

0 Middlebelt & Leroy, Romulus, MI 48174

Estimated value: by Request
11.14 AC lot
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Side Of Eureka Rd
Land

0 Side Of Eureka Rd, Romulus, MI 48174

Estimated value: by Request
3.53 AC lot
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3.8 Acres Sibley Rd
Multifamily properties

0 3.8 Acres Sibley Rd, Romulus, MI 48174

Estimated value: by Request
3.80 AC lot
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Romulus, MI Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Romulus, MI on our real estate platform.

Sale prices for residential investment properties in Romulus, MI start at $169,900, averaging $659,950, and reaching up to $1,150,000 — 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

Duplexes 1
Multifamily properties 1
Single family properties 1

Demographics Overview

Population 32K
Population Growth (5Y) +2.0%
Median Household Income $65,675
College Educated 22.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48174 $660K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Romulus fall within the 100,000+ square foot range.

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