Residential Income

Southfield, MI Residential Income Properties for Sale

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Farmington Hills, MI Redford, MI Livonia, MI
Southfield Townhouse with Finished Basement
Updated: Feb 14, 2022
Southfield Townhouse with Finished Basement

21663 N HIDDEN RIVERS Drive, Southfield, MI 48075

$155,000
2,002 sqft
New appliances (stove, refrigerator, dishwasher) and freshly painted
Recently replaced furnace and central air system
Three bedrooms, 2 1/2 bathrooms, including a master bedroom with master bathroom
Finished basement
Convenient location near Lawrence Technological University, Southfield High School, Southfield Public Library, restaurants, shopping, and Southfield Civic Center
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Southfield Apartment Building Portfolio
Updated: Jun 5, 2023
Southfield Apartment Building Portfolio

26717 Berg Rd, Southfield, MI 48033

Contact for pricing
280,000 sqft
Competitive price
Apartment building portfolio
Opportunity to invest in Southfield's thriving rental market
Ideal for savvy investors looking to expand their portfolios
Built in 1964
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Southfield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

16-Unit Apartment Building
16-Unit Apartment Building

19131 Lahser Road, Detroit, MI 48219

$900,000
15,106 sqft · 0.35 AC lot

Detroit, MI 16-unit income property with 12 units occupied and remaining units available for lease-up.

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Residential Development Land with Pond
Residential Development Land with Pond

23775 Inkster Road, Farmington Hills, MI 48336

$699,900
5.91 AC lot

Residentially zoned wooded acreage with a small pond, approved site plan, and city water and sewer at the street.

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16-Unit Apartment Building
16-Unit Apartment Building

19131 Lahser Rd, Detroit, MI 48219

$900,000

Sixteen-unit building with most units occupied, offering income and leasing flexibility in a walkable, transit-accessible area.

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Zoned Mobile Home Park Property
Zoned Mobile Home Park Property

28730 GRAND RIVER Ave, Farmington Hills, MI 48336

$525,000

21-unit mobile home community with utility hookups and well-kept grounds, providing a straightforward residential income asset.

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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.

Southfield Buildable Residential Lots
Southfield Buildable Residential Lots

23888 W Nine Mile, Southfield, MI 48033

$49,000
0.56 AC lot

Shovel-ready side-by-side lots with approved blueprints and surveys.

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Southfield Buildable Residential Lots
Southfield Buildable Residential Lots

23874 W Nine Mile Rd, Southfield, MI 48033

$49,000
0.56 AC lot

Shovel-ready side-by-side lots in Southfield, Michigan.

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Residential Lot in Southfield, MI
Residential Lot in Southfield, MI

W 9 Mile Road, Southfield, MI 48075

$35,000
0.32 AC lot

Residential lot near Historic Plum Hollow Gardens neighborhood.

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Residential Lot in Southfield, MI
Residential Lot in Southfield, MI

OUTWOOD Street lot: 9, Southfield, MI 48033

$53,000
0.23 AC lot

Buildable residential lot in a quiet, secluded Southfield location.

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Off-Market Properties in Southfield, MI

Consider similar Off-Market properties in Southfield, 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.

Oakland Cmns
Land

0 Oakland Cmns, Southfield, MI 48076

Value Estimation by Request
2.20 AC lot
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26717 Berg Rd
Multifamily properties

26717 Berg Rd, Southfield, MI 48033

Value Estimation by Request
280,000 sqft · 22.00 AC lot
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Tyler St
Land

0 Tyler St, Southfield, MI 48034

Value Estimation by Request
1.90 AC lot
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Southfield, MI Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Southfield, MI on our real estate platform. These investment opportunities span a total of 2,002 square feet of properties for sale, with an estimated market value of $155,000.

Sale prices for residential income properties in Southfield, MI start at $155,000, averaging $155,000, and reaching up to $155,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 80K
Population Growth (5Y) +4.1%
Median Household Income $69,008
College Educated 38.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48075 $155K

Taxes & Financing

Tax Rate (average for all types) 5.40%
Property Tax per SF $65.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Residential Income

Property Size Breakdown

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

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