Residential Income

Troy, MI Residential Income Properties for Sale

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Vacant Land, Troy, MI
Updated: Aug 20
Vacant Land, Troy, MI

5511 Wright Drive, Troy, MI 48098

$325,000
0.73 AC lot
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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.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 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.

Freestanding Multifamily Building
Freestanding Multifamily Building

721 S Main St, Clawson, MI 48017

$500,000
2,979 sqft 0.28 AC lot

Freestanding multifamily property with street visibility, on-site parking, and income-producing apartments.

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Multifamily Property
Multifamily Property

329 1st St, Rochester, MI 48307

$599,900
1,106 sqft

The property carries multifamily zoning and offers walkable access to Rochester.

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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

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

141 Ferndale, Rochester, MI 48307

$439,900
1,050 sqft

Two renovated units offer separate entrances, full bathrooms, and in-unit laundry appliances.

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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.

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.

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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.

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Clawson Multifamily Development Opportunity
Clawson Multifamily Development Opportunity

659 W Maple Road, Clawson, MI 48017

$375,000

Versatile property in desirable location with development potential.

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Shelby Twp Land Opportunity
Shelby Twp Land Opportunity

5720 HEARST Road, Shelby Twp, MI 48317

$185,000
1.55 AC lot

Large vacant lot in fast-growing Shelby Township.

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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.

1050 Adams
APARTMENT HOUSE (5+ UNITS)

1050 Adams, Troy, MI 48084

Estimated value:
$310,000
10,748 sqft 1.13 AC lot
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177 Wilshire Dr
Multifamily properties

177 Wilshire Dr, Troy, MI 48084

Estimated value: by Request
160,000 sqft 2.04 AC lot
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Troy, MI Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Troy, MI on our real estate platform. These investment opportunities span a total of 1,457 square feet of properties for sale, with an estimated market value of $615,000.

Sale prices for residential income properties in Troy, MI start at $290,000, averaging $307,500, and reaching up to $325,000 — 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 2
Multifamily properties 2

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 $290K
48098 $325K

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)

Property Size Breakdown

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

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