Multi–family Homes in Michigan | Reonomy

Multi–family Homes in Michigan

Unlock property data on all 20,379 multi–family homes in Michigan. Search across 83 counties to find the Michigan property records you need, and get in touch with Multi-family Home owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Michigan

Reonomy attracts a large community of Michigan commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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Michigan multi-family home sold prices and values

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $1,654 $5,551
Average sold price $1,615,732 $627,825
Median sold price $238,814 $160,000
Number of sales 313,466 1,231
Number of sales over $250k 152,528 391
Number of sales over $1m 44,505 54
Number of sales over $10m 7,340 11
Average total tax amount $31,720 $9,614
Average assessed value $761,545 $194,420
Average market value $1,207,519 $385,108

Michigan multi-family home property averages

Property averages United States Michigan
Average lot size 90,183 sf 540,530 sf
Median lot size 6,975 sf 12,182 sf
Average building area 862 sf 66 sf
Median building area 64 sf 43 sf
Median year built 1949 1957
Average number of units 16 11
Median number of units 2 2

Michigan multi-family home total supply

Supply United States Michigan
Number of parcels 4,398,050 20,451
Aggregate lot acerage 144,042,285 178,824
Aggregate building area 1,752,220,261 sf 547,911 sf
Aggregate units 49,723,405 103,720

Michigan multi-family home industrial mortgages

Debt United States Michigan
Number of mortgages 10,838,586 27,595
Average value of mortgages $1,416,271 $6,376,593

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