Multi Family Investment Properties for Sale in Utica, MI
498- 3 Bed
- 3 Bath
- 1659 sft
383- 4 Bed
- 2 Bath
- 3340 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 Utica, Michigan?
Investing in multi-family properties in Utica, MI offers a promising opportunity due to the city's affordable housing prices and steady rental demand. The average ROI stands around 7%, supported by a healthy cap rate of 6%, reflecting good income potential. With a rental yield near 8% and average cash flow of $1,200 monthly, investors can expect stable returns. Utica's appreciation rate of 3.5% annually enhances long-term growth prospects, while renter occupancy remains high at 93%, indicating strong market stability.
Frequently Asked Questions
The average ROI for multi-family properties in Utica is approximately 7%, making it an attractive option for real estate investors looking for steady income and growth.
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