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Troy, MI

Residential Income

Troy, MI Residential Income Properties for Sale

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Clawson, MI Commerce Twp, MI Rochester, MI

Upgraded Condo in Prime Location

Updated: Aug 8, 2025

Upgraded Condo in Prime Location

1128 Alameda, Troy, MI 48085

$290,000

1,457 sqft

Recently upgraded condo with new roof (2024), new balcony (2024), new water heater (July 2025), new microwave (2024), new exterior painting (2024), and upgraded kitchen and bathrooms (2023).
Located in the heart of Troy, in a great neighborhood, and in the top‑rated Troy School District.
Updated kitchen with granite countertops, stainless steel appliances, and breakfast bar.
Includes access to community amenities such as a swimming pool, clubhouse, and neighborhood trails.
Offers a spacious master bedroom with pan ceiling and in suite bathroom, plus generous walk‑in closets in both bedrooms.

This listing looks promising.

Here's a quick look at some key insights for

1128 Alameda, Troy, MI 48085,

View Property Analytics

Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$18K
Annual
Price @ 7% Cap

$255K
Suggested
Property Type

Condominium
Built 2004

View Property Analytics

Side-by-Side Duplex with Private Entrances

Updated: Jul 1

Side-by-Side Duplex with Private Entrances

5858-5860 Niles Dr, Troy, MI 48098

$599,900

1,444 sqft

Side‑by‑side duplex built in 1990, fully occupied and generating rental income
Each unit offers 3 bedrooms, 2.5 bathrooms, and approx. 1,444 SF with an attached one‑car garage
Private entrance and in‑unit laundry in each unit
Separate gas, electric, and water meters for tenant‑paid utilities
Unit 5858 fully renovated with modern finishes; second unit has a long‑term tenant

New Condo Community in Troy

New Condo Community in Troy

6041 Edmunds Dr, Troy, MI 48085

$665,565

1,840 sqft

New construction condo community bordering nature preserve, minutes from amenities.

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Troy, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Royal Oak Duplex Investment Opportunity

Royal Oak Duplex Investment Opportunity

2009 W 14 Mile Road, Royal Oak, MI 48073

$494,900

2,027 sqft · 0.24 AC lot

Well-maintained duplex in Royal Oak near nightlife and Corewell Health.

Clawson Site for 5 Detached Condo Townhomes

Clawson Site for 5 Detached Condo Townhomes

659 West Maple Rd, Clawson, MI 48017

$399,900

6,000 sqft · 0.41 AC lot

Redevelopment Site for 5 Detached Condo Townhomes

Turnkey Clawson Multifamily Investment

Turnkey Clawson Multifamily Investment

629 W Maple Rd, Clawson, MI 48017

$4,249,000

1,200 sqft

Well-maintained 25-unit apartment complex with upside potential.

Royal Oak Duplex Investment Opportunity

Royal Oak Duplex Investment Opportunity

2009 W 14 Mile Rd, Royal Oak, MI 48073

$494,900

Well-maintained duplex in Royal Oak, ideal for investors.

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.

Residential Land in Rochester Hills

Residential Land in Rochester Hills

307 Michelson Avenue, Rochester Hills, MI 48307

$79,900

0.28 AC lot

Vacant land suitable for building a home in Rochester Hills.

25.84 Acres of Land

25.84 Acres of Land

45095 Ryan Rd, Shelby Twp, MI 48317

$1,700,000

25.84 AC lot

25.84 acres of land available for sale.

Residential Land in Shelby Twp

Residential Land in Shelby Twp

3733 CHRISTIE Lane, Shelby Twp, MI 48317

$89,900

0.38 AC lot

Residential land for sale in Shelby Twp, Utica School District.

Shelby Twp Land Opportunity

Shelby Twp Land Opportunity

5720 HEARST Road, Shelby Twp, MI 48317

$190,000

1.55 AC lot

Large vacant lot in fast-growing Shelby Township.

Off-Market Properties in Troy, MI

Consider similar Off-Market properties in Troy, 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.

APARTMENT HOUSE (5+ UNITS)

1050 Adams, Troy, MI 48084

Value Estimation by Request

10,748 sqft · 1.13 AC lot

Land

5845 John R Rd, Troy, MI 48085

Value Estimation by Request

9.16 AC lot

177 Wilshire Dr

Multifamily properties

177 Wilshire Dr, Troy, MI 48084

Value Estimation by Request

160,000 sqft · 2.04 AC lot

75 Big Beaver Rd

Mixed-use properties

75 Big Beaver Rd, Troy, MI 48083

Value Estimation by Request

4.50 AC lot

177 Wilshire Dr

Multifamily properties

177 Wilshire Dr, Troy, MI 48084

Value Estimation by Request

Multifamily properties

0 Big Beaver Rd, Troy, MI 48084

Value Estimation by Request

3.59 AC lot

Troy, MI Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Troy, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,741 square feet of properties for sale, with an estimated market value of $1,555,465.

Sale prices for residential income properties in Troy, MI start at $290,000, averaging $518,488, and reaching up to $665,565 — 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

Demographics Overview

Population 87K

Population Growth (5Y) +3.8%

Median Household Income $127,384

College Educated 65.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48085	$665.6K

Taxes & Financing

Tax Rate (average for all types) 3.44%

Property Tax per SF $40.94 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 Troy fall within the 100,000+ square foot range.

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