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$3,300,000
ACTIVE Status ⋅ 32 Baths ⋅ 61015867 MLS
Milford Village Flats presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily community in the heart of Milford, Michigan -- one of Oakland County's most desirable and supply-constrained submarkets. The property comprises two well-maintained residential buildings offering an identical unit mix of all one-bedroom, one-bath floor plans averaging 740 square feet. With over two dedicated parking spaces per unit and a 100% occupancy rate, the asset generates monthly gross revenues exceeding $23,647, equating to an annual gross potential income of $283,700. The current owner has invested over $500,000 in capital improvements over the last two years, substantially reducing future CapEx exposure for an incoming investor. Major exterior and structural upgrades include a brand-new roof, a fully milled and paved parking lot, updated property signage, and enhanced professional landscaping that elevates the asset's curb appeal. On the interior, the community has undergone extensive modernization with high-end turnkey renovations featuring new cabinets, premium countertops, modern flooring, fresh paint, and updated contemporary fixtures. These comprehensive upgrades position the property to command premium rents while ensuring low-maintenance operations for years to come.

811 N Main Street, Milford

Listing Courtesy of Greater Development LLC, Office Phone: 313-209-2900
$3,100,000
ACTIVE Status ⋅ 16 Baths ⋅ 61008850 MLS
OakPointe Real Estate Advisors is pleased to present the opportunity to acquire a purpose-built, 8-unit luxury multifamily community in the Farmington Hills submarket, located less than one-half mile from I-696. Built in 2022, the property features eight ranch-style apartments, each offering 2 bedrooms, 2.5 bathrooms, an attached two-car garage, private entrance, in-unit laundry, dedicated office/den, and a private rear deck. Select units also feature fireplaces. The property is 100% occupied with rents below the cost to own a median home in Farmington Hills. Residents pay gas, electric, water, and trash, resulting in low operating expenses. Modern construction, minimal deferred maintenance, and a location near major employment centers, shopping, dining, and expressways make this an attractive long-term investment. Offering memorandum, financial information, and due diligence materials are available upon request. Assumable financing available.

26640 Orchard Lake Road, Farmington

Listing Courtesy of OakPointe Real Estate Advisors, Office Phone: 248-972-7040
$2,600,000
ACTIVE Status ⋅ 20 Baths ⋅ 61012779 MLS
NEW PRICE REDUCTION TO $2,600,000 - CALLING FOR ALL OFFERS Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversion project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

1251 E Woodward Heights Boulevard, Hazel Park

Listing Courtesy of RLB Realty Limited LLC, Office Phone: 313-550-2541
$1,950,000
ACTIVE Status ⋅ 12 Baths ⋅ 60994738 MLS
Turnkey 100% Occupied Multi-Family Investment. This City Rental Certified property features an exceptional operational setup with individually metered utilities and dedicated natural gas furnaces for each unit delivering maximum efficiency and long term expense control. Each apartment offers a highly desirable townhouse-style layout with private entrances, private basements, individual egress, dedicated HVAC, laundry areas, and balconies that attract quality tenants and support strong leasing performance. Extensive improvements have been completed, including new roof in 2026 and freshly shingled porch overhangs. The property has been fully stabilized through strategic, proactive management. It is currently operating at 100% occupancy under government-backed housing programs, generating $227,100 in annual income, with significant built-in upside available through the completion of the remaining 4-bedroom unit build-outs. Located just 3 minutes from Downtown Pontiac and 9 minutes from Oakland University, the property is supported by a strong, diversified employment base spanning automotive, manufacturing, healthcare, logistics, and more.

25 Maynard Court, Pontiac

Listing Courtesy of Premier Realty Service LLC, Office Phone: 248-255-2474
$1,900,000
ACTIVE Status ⋅ 18 Baths ⋅ 60980911 MLS
Rare opportunity on this turn-key, profitable, cash-flowing property! Total of 18 two-bedroom units averaging approximately $1,130/month and roughly 800 sq. ft. each. 17 of the 18 units are currently occupied with tenants current on rent. Property features individual natural gas furnaces for each apartment along with separate utility setups, including individual water meters - ideal for efficient management and expense control. Each unit offers a private entrance and basement. Extensive updates throughout: 9 units have been fully renovated within the last 4 years, and 16 bathrooms have been completely updated. A new roof was installed across the entire complex in 2024 with a 20-year transferable warranty. Additional improvements include new concrete walkways in the courtyard, cultured stone on 9 porches, newly shingled porch overhangs, updated front exterior doors, glass block windows in every unit, newer gutters, trim, and exterior security lighting. The west side of the building also features a newer asphalt parking lot. 12 units include central air, and 10 units have newer furnaces. Security camera system in place for added peace of mind. One master key provides access to the building for convenience. Please do NOT approach property or tenants without a confirmed showing appointment. Strong upside potential with projected NOI of $259,200 through rent increases on under-market units and leasing the remaining vacancy.

51 Spokane Drive, Pontiac

Listing Courtesy of Keller Williams Somerset, Office Phone: 248-649-7200
$1,600,000
ACTIVE Status ⋅ 16 Baths ⋅ 61012778 MLS
NEW PRICE REDUCTION TO $1,600,000 - CALLING FOR ALL OFFERS Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. This Investment also offers potential as a great Condo Conversion project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

1241 E Woodward Heights Boulevard, Hazel Park

Listing Courtesy of RLB Realty Limited LLC, Office Phone: 313-550-2541
$1,399,000
ACTIVE Status ⋅ 4 Baths ⋅ 60989802 MLS
Phenomenal opportunity to own a meticulously maintained multi-family property in the heart of Royal Oak! This turnkey gem perfectly blends contemporary updates with timeless original charm in every unit, ensuring high tenant appeal and long-term value. Investors and owner-occupants will appreciate the significant capital improvements already completed, including a whole-building rewiring with each unit individually metered to simplify utility management. The property also boasts newer roofs on both the main building and the detached garage, a reliable boiler system installed in 2013, and newer energy-efficient windows throughout. A standout feature of this property is the expansive basement, which offers a dedicated section ready to be finished into a professional home office or creative studio - complete with its own private exterior entrance. This rare "X-factor" provides incredible versatility for a remote worker or the potential for additional utility. Each unit also has private storage and laundry room. Whether you're looking to expand your investment portfolio or "house-hack" in one of Metro Detroit's most vibrant and walkable communities, this property stands out as a rare find where all the heavy lifting has already been done. Schedule your showing today and secure this mechanically sound and aesthetically stunning investment!

2041 N Main Street, Royal Oak

Listing Courtesy of ERA Prime Real Estate Group, Office Phone: 248-474-3303
$1,375,000
ACTIVE Status ⋅ 8 Baths ⋅ 61015254 MLS
Chestnut Oaks is an 8-unit, fully occupied garden-style apartment community in Southfield offering a turnkey multifamily investment opportunity. Built in 1986, the property spans two 2-story buildings totaling approximately 7,600 SF on a 0.70-acre lot, zoned RM. Unit mix includes four 1BR/1BA units (850 SF) and four 2BR/1BA units (1,050 SF), each featuring in-unit washer/dryer. Masonry construction, natural gas and wall furnace heat, and 14 parking spaces (2.00/unit). Landlord pays water and trash; tenants pay electric. Professionally managed by Silverside Management with strong historical occupancy. Current NOI of $92,517 reflects a 6.73% cap rate on the $1,375,000 asking price ($171,875/unit), with upside to a pro forma NOI of $93,429 (6.79% cap rate) through market rent adjustments. Convenient location near W 11 Mile Rd and Marshall St with easy access to major Southfield corridors. Property is tenant-occupied; showings by appointment only. Contact listing agent for financial package and additional details.

15925 W 11 Mile Road, Southfield

Listing Courtesy of Greater Development LLC, Office Phone: 313-209-2900
$1,200,000
ACTIVE Status ⋅ 5 Baths ⋅ 61005097 MLS
ONE BUILDING WITH 3 RESIDENTIAL MULTI-FAMILY APARTMENTS AND 2 COMMERCIAL SPACES-ALL PROPERTIES LEASED--in vibrant, downtown Hazel Park, located adjacent to renowned restaurant Mabel Gray. RESIDENTIAL: 3 BEDROOM: Impeccably renovated second-floor 1,567 Sq ft flat boasting three large bedrooms. Open-concept layout, with a large living room, dining room and entry. Stunning floors to the quartz countertops, shaker cabinetry, and stainless-steel appliances. Enclosed porch. Laundry room with a washer and dryer. Currently leased for $1,890/month. 1 BEDROOM: Impeccably renovated 532 Sq ft, second-floor flat. Abundant natural light illuminates the open-concept layout, with a living room, kitchen-dining combo, one bedroom and bath. Nicely renovated with quartz countertops, shaker cabinetry, and stainless-steel appliances. Currently leased for $1,000/month. STUDIO: Completely renovated 336 Sq ft studio features new hardwood floors that stretch throughout the living areas as well as bright light throughout. Kitchen/dining, flex room, and bath. The open floor plan and kitchen and living area have white shaker cabinets and soft close drawers, white granite countertops, sub-tile backsplash and quality stainless steel appliances. Currently leased for $850/month. COMMERCIAL SPACES: Prime first-floor commercial spaces. The 1,698 Sq. Ft space offers two large, versatile areas perfect for retail, office, or creative use. The spacious main room measures 38x19, providing ample space for customer engagement or open workspace. A generous rear space, 36x18, offers additional functionality for storage, private offices, or production. Currently leased for $3,180/month. The second prime 847 sq. ft commercial space offers one large, versatile area perfect for retail, office, or creative use. The spacious main room measures 38x19, providing ample space for customer engagement or open workspace. Currently leased for $1,696/month. Showings by appointment only.

23831 John R Road, Hazel Park

Listing Courtesy of Berkshire Hathaway HomeServices Kee Realty Bham, Office Phone: 248-646-6200
$1,200,000
ACTIVE UNDER CONTRACT Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 50187369 MLS
Rare opportunity to own four acres in the heart of Troy. A natural oasis on two subdivided lots being sold together, totaling four acres with mature trees, wildlife, peace, and tranquility. Recent EGLE study concludes there are no wetlands on this dry, level, land. The solid brick home features 3 bedrooms, 1.5 baths, radiant boiler heat plus central HVAC, and a massive unfinished basement already plumbed for an additional bath. Also included is a finished 1,100 sq. ft. steel barn offering endless possibilities. Create your forever home and own a legacy property in Troy, Michigan. Property ID 20-24-226-048 + 20-24-226-049

2734 E Wattles Road, Troy

Listing Courtesy of Berkshire Hathaway HomeServices Kee Realty NB, Office Phone: 586-315-5700
$1,000,000
ACTIVE Status ⋅ 2 Baths ⋅ 61026365 MLS
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. | Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

552 Laprairie Street, Ferndale

Listing Courtesy of RE/MAX First, Office Phone: 248-375-4000
$1,000,000
ACTIVE Status ⋅ 2 Baths ⋅ 61026363 MLS
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

544 Laprairie Street, Ferndale

Listing Courtesy of RE/MAX First, Office Phone: 248-375-4000
$1,000,000
ACTIVE Status ⋅ 2 Baths ⋅ 61026364 MLS
Truly, a generational opportunity. This package of three 2-family homes located in the very desirable Detroit suburb of FERNDALE Michigan is special in many ways. With the 3 built lots in a row, & the extraordinary depth of 254 feet makes this an incredibly attractive land package. The story starts in the center with the original craftsman style bungalow 2-family home featuring two bedrooms on the first floor, & a spacious one bedroom upper unit, there is a full basement with separate laundry for each unit, private entries, and exits for all above grade entrances. From 1953 to 1955 the home on Laprairie gained a sibling on each side. Never wanting to mess with success, the original owner built both new properties using the same floorplan as their existing 2-family. Improving upon the existing, red brick was chosen for exteriors, garages with separate stalls and the trio was complete. Subsequent ownership through three generations (I have personally worked with all three generations) has provided a roadmap of consistent maintenance, capital improvements, long-term rental, history, and pride of ownership. Recent years have meant some newer furnaces (5), air conditioners (6), kitchens (3), bathrooms (4), wood floors (3), windows (all), appliances and decor. If the idea of a turnkey investment that has future potential beyond, what's already there this might be the package that you're looking for. These three are only being sold as a package. Only 552 Laprairie (Lower) and its basement may be shown prior to an accepted offer. Please do not disturb the other tenants. Showings of the other units can take place only upon receipt of an accepted offer.

538 Laprairie Street, Ferndale

Listing Courtesy of RE/MAX First, Office Phone: 248-375-4000
$990,000
ACTIVE Status ⋅ 4 Baths ⋅ 60941155 MLS
Historic residence built in summer of 1884 for Marcus Eugene Carlton and his wife Lydia. This Swiss cottage was designed by John Scott and built by Arkin & Jones. Over the years the home has had many uses from residential to business. This property offers the opportunity for a historic restoration or complete re-development. the property has 60 foot of frontage on both East Street and Water Street. The lot is 150 deep and is directly north of the Granary Live/Work Loft apartments Currently under construction.

428 East Street, Rochester

Listing Courtesy of Century 21 Professionals, Office Phone: 248-652-7700
$875,000
ACTIVE Status ⋅ 5 Baths ⋅ 61021454 MLS
INVESTOR'S DREAM IN HIGHLY ACCLAIMED BIRMINGHAM! Zoned Multi-Res and can be turned into a single-family residence. An Exceptional investment opportunity in one of Metro Detroit's most coveted and highly acclaimed communities. This well-positioned three-unit multi-residential property offers an ideal combination of location, walk to downtown Birmingham, versatility, and income-producing property in the heart of Poppleton Park in Birmingham! Many updates have been done but there is room for further renovations and increased rent potential. Features include updated 3 separate car garages for each unit, freshly landscaped backyard, new balcony and patio areas, new carpet, stainless steel appliances, granite counter tops and a new full bath on the lower-level walk-out. Situated in sought-after Birmingham, this property places residents within close proximity to the area's renowned dining, shopping, entertainment, parks and vibrant downtown lifestyle. One of the strongest rental markets in the region. Whether you're an experience investor looking to expand your portfolio or seeking an opportunity to establish a foothold in Birmingham highly desirable real estate market, this property presents an outstanding opportunity to acquire a versatile, income-producing asset in an exceptional location. The property features three thoughtfully designed residences including two one-bedroom units with beautiful views off new balconies plus one two-bedroom unit with a lower-level walk out, fireplace and island in the kitchen with a second kitchen in the lower level. This creates an attractive mix for a diverse tenant profile. Each unit offers its own distinct living space, providing flexibility for both investors and future ownership strategies.

156 N Worth Street, Birmingham

Listing Courtesy of TippinsLuxe Realty, Office Phone: 248-463-8366
$800,000
ACTIVE Status ⋅ 2 Baths ⋅ 61010088 MLS
One of Oxbow Lake's Rarest Point Properties. An extraordinary opportunity to own one of Oxbow Lake's most coveted waterfront settings. Positioned on a rare point lot with 206 feet of professionally installed steel seawall, this one-of-a-kind property offers breathtaking panoramic water views in nearly every direction. Bordering a small private neighborhood beach on one side and with only one neighboring property to the rear, the setting is surrounded by crystal-clear, spring-fed water, creating a level of privacy and scenery that's exceptionally difficult to find. Oxbow Lake is a private, all-sports lake spanning approximately 270 acres with depths exceeding 70 feet, offering outstanding boating, fishing, swimming, and year-round waterfront recreation. Whether you're searching for a unique family compound, a private lakefront retreat, an investment opportunity, or the ideal location to build a spectacular custom estate, this remarkable property offers unmatched flexibility. Situated on a single parcel are two separate homes, each with their own mailing addresses, utilities, wells, and septic systems. The concrete block home at 95 N. Hulbert features 2 bedrooms and 1 full bath, while the wood-frame home at 97 N. Hulbert also offers 2 bedrooms and 1 full bath, providing exceptional potential for multi-generational living, guest accommodations, rental income, renovation, or future redevelopment. Municipal sewer is available at the street for both residences. No HOA. No deed restrictions. Located within the highly regarded Walled Lake School District, opportunities to own a point property of this caliber are exceptionally rare. Enjoy the existing homes, renovate to suit your vision, or create a legacy waterfront estate--the location alone is nearly impossible to replicate. Don't just live on the point--be the point.

95 N Hulbert Street, White Lake

Listing Courtesy of EXP Realty The Perna Team, Office Phone: 888-501-7085
$799,900
ACTIVE Status ⋅ 4 Baths ⋅ 60945504 MLS
MULTI FAMILY- 2 lodges- A True Log Cabin on Walters Lake - The Squirrels Nest Lodge Step back in time while enjoying every modern comfort in this rare opportunity to own a piece of Oakland County history. Nestled in the heart of Clarkston, one of Michigan's most unique cities, this authentic log cabin offers unmatched character and breathtaking lakefront views. First built in 1930 with locally sourced timbers from Metamora, the main lodge boasts over 3,200 sq ft with a soaring 17-foot stone fireplace, spacious loft-style bedrooms, and nearly 1,000 sq ft of decking overlooking the sparkling waters of Walters Lake. The carriage house--has been thoughtfully renovated into a guest house featuring two private living quarters and a two-car garage. With 9 bedrooms, 4 kitchens, and over 6,000 sq ft of total living space across both sections of the home-this property is designed for gathering and entertaining. A private bluff-top setting provides spectacular views, while a private road and built-in stairs lead you to your own 38 feet of direct frontage on this all-sports lake--perfect for docks, boating, and year-round enjoyment. Currently operated as a successful short-term rental, The Squirrels Nest Lodge continues to generate generous income while being continuously updated to preserve its historic charm alongside today's modern amenities. Whether you envision a family retreat, an income-producing investment, or a once-in-a-lifetime private residence, this is truly a property like no other.

8646 Thendara Boulevard, Clarkston

Listing Courtesy of LoChirco Realty, LLC, Office Phone: 248-895-9429
$624,900
ACTIVE Status ⋅ 4 Baths ⋅ 61026306 MLS
Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# 1420335030, 1420335031). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental units are city certified. The property is already generating income, with one unit currently leased at $1,600/month and the house generating $1,700/month. Three additional units are currently vacant, offering significant immediate upside. Two of the vacant units have an estimated rental potential of approximately $1,600/months each, while the fourth unit has the potential to rent for approximately $1,800/month. At full occupancy, the projected gross monthly rental income is approximately $8,300, based on the stated rents. The property also offers plenty of on-site parking and is zoned R-3, making this an excellent opportunity for investors looking for a renovated multifamily property with strong income potential and room to increase cash flow.

221 Baldwin Avenue, Pontiac

Listing Courtesy of ICON Realty Experts, LLC, Office Phone: 248-985-9961
$619,000
ACTIVE Status ⋅ 4 Baths ⋅ 61029565 MLS
The investment opportunity of the year is here! Located in the heart of Ferndale, surrounded by exciting new development, this fully updated four-unit multifamily property offers exceptional income potential and turnkey appeal. The property features two upper units, each offering 2 bedrooms and 1 full bathroom, along with two lower units, each offering 1 bedroom and 1 full bathroom. Every unit has been updated with high-end finishes throughout. One unit is currently rented for $1,600 per month, with projected total rental income of approximately $6,700 per month. Also includes a coin operated washer and dryer used by all tenants. Whether you are looking to add a strong income-producing asset to your portfolio or begin your investment journey, this is an opportunity you will not want to miss. Schedule your private showing today!

425 Vester Street, Ferndale

Listing Courtesy of Keller Williams Legacy, Office Phone: 313-752-0000
$599,900
ACTIVE Status ⋅ 2 Baths ⋅ 61021824 MLS
Sold with 319 1st street Zoned multi family ! Short walk to Rochester!!! PRIME LOCATION!! No access to homes until accepted offer! SHORT due diligence only!!

329 1st Street, Rochester

Listing Courtesy of The Drew Colburn Real Estate Group, Office Phone: 248-786-1777
$599,900
ACTIVE Status ⋅ 2 Baths ⋅ 61021814 MLS
The value is in the land 2 lots plus 329 1st is another 2 lots Zoned multi family!! 1.2m for both! NO LONG DUE DILIGENCE!! Check with the city value is in the land (200x100) NOTE 319 and 329 are to be SOLD TOGETHER!!

319 1st Street, Rochester

Listing Courtesy of The Drew Colburn Real Estate Group, Office Phone: 248-786-1777
$580,000
ACTIVE Status ⋅ 3 Baths ⋅ 60995243 MLS
Exceptional investment opportunity in the heart of Royal Oak featuring a beautifully renovated triplex on an oversized professionally landscaped lot just a short walk to vibrant downtown dining, shopping, entertainment, and nightlife. This versatile property offers strong rental income potential with Unit 1 occupying the entire first floor featuring 2 bedrooms, 1 full bath, hardwood floors, and a charming sunroom currently renting for $1,800/month. Unit 2 offers 1 bedroom, 1 bath, a sunroom, hardwood flooring and rents for $1,400/month. Unit 3 includes 1 bedroom, 1 bath, a private back deck, updated finishes throughout, and rents for $1,300/month. All units feature updated bathrooms, mainly hardwood flooring, granite countertops, and stainless-steel appliances with dishwashers, while all utilities are included in the rent for added tenant convenience. The basement provides abundant storage space along with shared community washer and dryer for all three units. Tenants enjoy both a private parking lot and additional street parking. Located near downtown Royal Oak, this property is close to popular restaurants, boutiques, coffee shops, entertainment venues, parks, and nearby Oakland Community College with easy access to major expressways and surrounding communities including Birmingham and Ferndale. Whether you are looking to expand your investment portfolio, owner occupy, redevelop, convert to additional units, or take advantage of the separate vacant land listing for future building potential, this is a rare opportunity in one of Metro Detroit's most desirable locations.

417 W Lincoln Avenue, Royal Oak

Listing Courtesy of Max Broock, REALTORS®-Birmingham, Office Phone: 248-644-6700
$539,900
ACTIVE Status ⋅ 3 Baths ⋅ 61027989 MLS
Discover a prime investment opportunity in the heart of Commerce, Michigan. Both Units rented . This commercially zoned lot on a high-traffic street just off Union Lake Road boasts exceptional visibility and accessibility, perfect for your next development project. Imagine building a retail store, office space, or a mixed-use facility that attracts local customers. Adjacent to this lot, a residential property is also available, offering potential for combined commercial and residential use or additional income generation. With Commerce experiencing growth, now is the time to invest in this vibrant community. This property is perfect for savvy investors or entrepreneurs looking to make an impact. Don't miss your chance to secure this valuable asset in a bustling area. Contact us today to learn more about this incredible opportunity and how it can fit into your investment strategy.

3231 Union Lake Road, Commerce Twp

Listing Courtesy of Max Broock Realtors, Office Phone: 248-851-4100
$525,000
ACTIVE Status ⋅ 5 Baths ⋅ 61000752 MLS
This is a fantastic opportunity to own this multi-tenant property with two buildings on two commercial lots, offering a total of five units. Ideal for investors seeking steady income and long-term value, the property is located in the West Bloomfield School District and is currently fully occupied. The property has been well-maintained, with replacements made as needed. Some units have newer flooring, and all have separate entrances. Each unit features its own thermostat, with the heating system set up in zones. The roof is under 10 years old, and new water heaters were installed in 2023. The standalone building includes a two-car garage attached in the back alleyway, currently utilized by the seller. There are a total of 10 individual parking spaces in addition to the two-car garage. The estimated total square footage for both buildings is 3,400 sq. ft., with two units approximately 1,000 sq. ft. each, one unit estimated at 600 sq. ft., and two more units estimated at 400 sq. ft. each. City rental certificates are current, and the buildings could be used for commercial purposes on the main floors, with private rentals in the upper and lower units. Keego Harbor is known as the heart of the lakes, and all tenants will have access to the two public beaches and eight parks throughout the city. Tenants will also have access to the West Bloomfield Trail along the town's southern boundary, offering scenic biking and walking opportunities. Keego Harbor features 15 retailers and a dozen restaurants within walking distance of the property, contributing to a vibrant community atmosphere. Please reach out with any questions or to schedule a tour. We look forward to helping you explore this fantastic investment opportunity.

2952 Prynne Street, Keego Harbor

Listing Courtesy of Benchmark Realty Group Inc, Office Phone: 248-640-4823
$525,000
ACTIVE Status ⋅ 70522734 MLS
Prime investment opportunity just minutes from downtown Royal Oak! This tenant-occupied upper/lower duplex features updated kitchens and bathrooms, hardwood flooring, and stainless steel appliances throughout. Each unit offers its own private laundry and dedicated storage, providing added convenience for tenants. Turnkey income property in a highly desirable location with strong rental appeal. No showings permitted without an accepted offer. Please do not disturb tenants.

907 E Fifth Street, Royal Oak

Listing Courtesy of Elementary Homes, LLC., Office Phone: 248-850-2030
$479,900
ACTIVE Status ⋅ 2 Baths ⋅ 61002831 MLS
LOCATION! LOCATION! LOCATION! Rare opportunity to own a classic Tudor duplex on a prominent corner lot just a 7-minute walk to Downtown Royal Oak's vibrant Main Street district. *** Lower unit is now vacant so it is a perfect opportunity for owner occupant to live in one unit and rent the other which is already occupied by a long term tenant. Surrounded by mature trees and showcasing timeless brick Tudor architecture, this unique property features two spacious units, each offering 2 bedrooms, 1 full bath, a formal dining room, living room, and kitchen. The nearly identical floorplans provide excellent flexibility for investors and future owner-occupants alike. Current month-to-month tenant provide immediate rental income while preserving future flexibility. Property features separate electrical service, separate central air conditioning systems, vinyl windows, a shared basement with dedicated laundry for each unit, and a detached two-car garage. Enjoy the convenience of being just a short walk from Downtown Royal Oak's acclaimed restaurants, shopping, entertainment, nightlife, farmers market, and year-round community events. Duplexes offering this combination of character, location, and long-term upside rarely become available. Whether you're seeking a strong investment opportunity, a future owner-occupancy option, or a premier addition to your real estate portfolio, 903 E. 3rd Street delivers location, charm, and exceptional potential in one of Metro Detroit's most desirable neighborhoods.

903 E 3rd Street, Royal Oak

Listing Courtesy of Auburn Hills Property Services LLC, Office Phone: 248-652-7555
$475,000
ACTIVE Status ⋅ 3 Baths ⋅ 61006325 MLS
RARE MULTI-FAMILY INVESTMENT IN THE HEART OF FARMINGTON HILLS. Discover a unique and versatile 3-unit property that blends classic 1940s charm with today's modern comforts. Situated in a prime Farmington Hills location near downtown, Beaumont Hospital, and major expressways (M-5 & I-696), this fully functional multi-family home is ideal for investors or savvy house hackers. The property consists of two spacious 3-bedroom flats--one upper, one lower--plus a cozy basement studio apartment. Original hardwood floors, built-in bookcases, and a remote-controlled electric fireplace preserve the vintage warmth, while updated kitchens with stainless steel appliances, marble tile countertops, and central HVAC bring in the modern touches. Enjoy a large shared yard, convenient basement laundry, and ample off-street parking. This low-maintenance property is a smart addition to any portfolio--or a great way to offset your mortgage by living in one unit and renting out the rest. This is an exceptional opportunity in the Farmington School District--don't miss it!

21516 Oxford Avenue, Farmington

Listing Courtesy of Good Company, Office Phone: 248-733-5811
$462,000
ACTIVE Status ⋅ 70554452 MLS
Charming 1930s English Tudor-style duplex offering a rare combination of timeless character, investment potential, and owner-occupant flexibility. This tenant-occupied multifamily property features two distinct 2-bedroom, 1-bath units, each with its own private enclosed sunroom, creating additional versatile space and a wonderful connection to the outdoors. Both units are currently leased; however, the upper unit will be available to an owner occupant or for lease to a new tenant beginning September 1, 2026. Inside, each unit offers its own distinctive style and character. The upper unit features beautifully maintained dark hardwood floors and a handsome craftsman-style fireplace, while the lower unit showcases beautifully finished light oak flooring and a charming boho-inspired fireplace. Stained-glass windows flank each fireplace, adding warmth, ambiance, and timeless architectural appeal. Abundant natural light, well-maintained interiors, and classic architectural details

925 E 2nd Street, Royal Oak

Listing Courtesy of RE/MAX Classic Blm. Hills, Office Phone: 248-646-5000
$439,900
ACTIVE Status ⋅ 4 Baths ⋅ 60972006 MLS
Welcome to 141-143 Ferndale Ave, perfectly situated in a prime location within walking distance of downtown Rochester. This charming, side-by-side ( seperate entrance doors) updated ranch duplex is a fantastic income-generating opportunity through Airbnb. Each renovated unit boasts one bedroom and two full bathrooms, providing ample space and comfort. The property currently generates aprox $3,800 per month in gross income combined from both units. Please note that each unit requires a minimum stay of 27 days, as mandated by the city of Rochester for Airbnb use. The following appliances are included with the property: refrigerators, stoves, and washers and dryers (in each unit).This unique property offers various opportunities, including continuing its successful rental income stream, living in one unit while renting the other, or considering a teardown and rebuild to create a new residential home. Please note that the property is furnished; however, furniture is not included in the sale. With homes in the neighborhood experiencing exceptionally high values, this property is an excellent investment opportunity. Don't miss out on the potential that 141-143 Ferndale Ave has to offer! Property is non homestead.

141 Ferndale Avenue, Rochester

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505
$400,000
ACTIVE Status ⋅ 3 Baths ⋅ 60998960 MLS
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI

351 Edgewood Place, Ferndale

Listing Courtesy of The Stephan Group, Office Phone: 248-590-2067