Farmington Hills MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 4,699
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.7 Acres
- Year built:
- 1945
- Baths:
- 8.00
- MLS#:
- 60361882
- Subdivision:
- REGAL ORCHARDS SUB - FARM HILLS
ADDITIONAL INFORMATION
****MULTIPLE OFFERS RECEIVED OFFER DEADLINE JANUARY 7, 2025 5PM****Attention investors and developers! This 8-unit apartment complex is your chance to add a high-potential property to your portfolio. This property is ready for some TLC to bring it back to its full potential and being sold AS-IS, making it a blank slate for the savvy investor. With the right vision, this building could generate impressive returns. Don�t miss out on this rare opportunity to invest in a multifamily property at an affordable price! Property is subject to probate approval. Call or text agent for showings. See agent remarks for more information.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Farmington Hills Real Estate
The median home value in Farmington Hills, MI is $364,000. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Farmington Hills, MI is $364,000. Approximately 60.72% of Farmington Hills homes are owned, compared to 34.45% rented, while 4.82% are vacant. Farmington Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington Hills real estate agent to arrange a tour today!
Farmington Hills, Michigan has a population of 83,749. Farmington Hills is less family-centric than the surrounding county with 31.43% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Farmington Hills, Michigan is $93,434. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Farmington Hills is 42.1 years.
Farmington Hills Weather
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 32.6 inches per year, with 39.1 inches of snow per year.