Multi Family Investment Properties for Sale in Hazel Park, MI
2421- - Bed
- - Bath
- - sft
600- 4 Bed
- 2 Bath
- 1448 sft
93- 2 Bed
- 1 Bath
- 720 sft
132- 3 Bed
- 1 Bath
- 1485 sft
124- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 sft
101- 3 Bed
- 2 Bath
- 1941 sft
Why Invest in Hazel Park, Michigan?
Investing in multi-family properties in Hazel Park, MI offers compelling opportunities due to stable rental demand supported by its proximity to Detroit. The average ROI for multi-family investments here is around 8%, with rental yields averaging 7%. Cap rates remain attractive at approximately 6%, reflecting a balanced market for investors seeking steady cash flow. Appreciation rates are moderate at 3%, providing potential for long-term equity growth while renter occupancy remains high near 95%. These metrics highlight Hazel Park as a promising market for multi-family real estate investments.
Frequently Asked Questions
Cap rates in Hazel Park for multi-family properties typically range around 6%, reflecting a balanced investment climate with steady rental demand.
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