Multifamily Commercial Real Estate for Sale in Michigan

Browse 181 multifamily properties for sale in Michigan (MI) with an average asking sale price of $265 per SF and an average size of 11,560 SF.

Current Inventory181
Average Available Size11,560 SF
Total Available Size23,120 SF
Average Asking Price$1,658,011
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Sale Multifamily

Jackson MI Portfolio

235 W Washington Ave, Jackson, MI 49201

  • $1.1M
  • 0 ac

Historically 95% OccupiedValue-Add Opportunity - Protentional to increase NOI by increasing rents and implementing a RUBSLocated in a Opportunity Zone and Downtown Jackson23 Rentable Units with 5 GaragesHigh Rental DemandNear major employers including Consumers Energy, CMS Energy, and MiraMed

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Sale Multifamily

Black River Flats Apartments

2151 Heyboer Dr, Holland, MI 49423

  • 5 ac

240-Unit Newly Constructed Multifamily Community featuring modern floor plans and desirable resident amenities90% Occupied Asset offering immediate cash flow with continued lease-up potentialModern Unit Interiors featuring in-unit washers and dryers, contemporary finishes, and spacious layouts designed to meet today's renter preferencesLocated Along West Michigan's Growth Corridor with convenient access to M-40, I-196, and US-31, connecting residents to Holland, Zeeland, and Grand RapidsConvenient Access to Major Employment Centers including LG Energy Solution, Haworth, MillerKnoll, Gentex, Corewell Health, and the broader Grand Rapids MSAMinutes from Downtown Holland offering award-winning dining, shopping, entertainment, and the nationally recognized Tulip Time FestivalClose Proximity to Lake Michigan Beaches and Outdoor Recreation, providing residents access to Holland State Park, Lake Macatawa, and miles of waterfront amenitiesLocated Within One of West Michigan's Strongest Rental Markets, supported by a diverse employment base in advanced manufacturing, healthcare, furniture design, and food processing

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St Joseph St & S Walnut St Redevelopment listing image
Sale Multifamily

St Joseph St & S Walnut St Redevelopment

320 W St Joseph St, 611 S Walnut St, Lansing, MI 48933

  • $1.2M
  • 18,494 SF building
  • 2 ac

This 1.77-acre assembled portfolio represents a premier redevelopment flagship in the heart of Lansing’s core. Strategically zoned DT-3, the site is optimized for high-density residential or mixed-use projects, situated less than a half-mile from the Michigan State Capitol.Notably, the site qualifies as a Brownfield, offering incentives for developers. The location is anchored by a proven track record of successful high-density neighbors, including Fountain Place (108 units), REO Town Apartments (112 units), and the luxury lofts at The Arbaugh.This is a rare chance to scale a significant footprint within walking distance of the state’s primary employment and legislative hub. The site boasts extensive exceptional visibility and accessibility:W. Saint Joseph St: 330' frontage (1,807 ADT)S. Walnut St: 275' frontage (5,709 ADT)W. Hillsdale St: 230' frontage

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Sale Multifamily

1447 Albany

1447 Albany St, Ferndale, MI 48220

  • $360K
  • 1,536 SF building
  • 0 ac

Forward Commercial Group (FCG) is pleased to present the opportunity to acquire a 100% leased bungalowstyle duplex in Ferndale, Oakland County, Michigan. The property generates $35,700 in current gross annual rental income providing immediate cash flow and stable occupancy. Located near Nine Mile Road and downtown Ferndale, the property offers value-add potential through future rent increases and an attractive opportunity to acquire a manageable residential investment in an established rental market. Do not disturb tenants.

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Sale Multifamily

3017-3029 Buena Vista

3017-3029 Buena Vista, Detroit, MI 48238

  • $799K
  • 0 ac

Forward Commercial Group is pleased to offer for sale 3017–3029 W. Buena Vista Avenue, Detroit, Michigan. Located near University of Detroit Mercy, Wayne State University and the Boston-Edison Historic District, this 29,726 square foot vacant apartment complex consists of 36 units situated on 0.37 acres. The property presents an opportunity to complete an existing renovation and reposition the building for residential occupancy. Renovation work has been initiated on approximately half of the building, including new electrical, plumbing, drywall, windows and roof, while the remaining portion requires renovation. The property offers an investor the opportunity to complete the renovation and potentially bring units online as work is completed, subject to applicable permits, inspections and approvals. Convenient access to I-75, I-96 and M-10 further enhances the property's location. This is a receivership sale.

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