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Sterling Heights, MI Multifamily Home for Sale

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    $349,900

    • 6 Beds
    • 3.5 Baths
    • 2,145 Sq Ft

    11151 Clinton River Rd, Sterling Heights, MI 48314

    *Updated Listing*SUPERIOR income property with TONS of improvement value, and more still remaining, with incredible instant equity available and a 19.6% cash on cash return. Zoned Class C (Commercial), R-60 (permissible for two family dwellings), maximize this investment as a multi unit residence in a prime time location! Situated on 3/4 of an acre, next to M-59 and major freeways, this

    Anthony Flagg EXP Realty

    11151 Clinton River Rd, Sterling Heights, MI 48314

Why Live in Sterling Heights

Sterling Heights, Michigan, blends suburban living with commercial hubs, offering modern houses on quiet, tree-lined cul-de-sacs. With a population of about 133,000, it is Michigan's fourth most populous city, spanning 37 square miles. Property taxes are lower than neighboring Oakland County, and residents benefit from excellent city services, including trash pickup, snow removal, and highly rated schools within the Utica Community Schools district. The city prioritizes environmental consciousness through initiatives like Sterling Green and Visioning 2040, promoting sustainability and mobility options. Sterling Heights boasts 28 parks, including the 51-acre Dodge Park with facilities such as an ice rink and basketball court, and the Clinton River Park North, which offers kayaking and canoeing. Shopping and dining options are plentiful, with Van Dyke Avenue serving as the primary shopping hub. Entertainment venues include the Michigan Lottery Amphitheater and MJR Marketplace Cinema 20. Homes vary from multi-story modern traditional houses to single-story homes, selling quickly at an average of 20 days. The city is well-connected by major thoroughfares and the SMART bus system, with Coleman A. Young International Airport 12 miles south and Detroit Metropolitan Wayne County Airport 40 miles southwest. Employment opportunities are abundant, particularly in manufacturing, with major employers like Stellantis and General Dynamics Land Systems. Sterling Heights hosts annual events such as Sterlingfest and has extremely low crime rates, ranking as the safest big city in Michigan for five consecutive years based on FBI crime data.

Home Trends in Sterling Heights, MI

Housing Trends

Median Sale Price
$309,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$170,000
Median 2 Bedroom Sale Price
$230,000
Median 1 Bedroom Sale Price
$102,450
Average Price Per Sq Ft
$200
Number of Homes for Sale
162
Last 12 months Home Sales
1,796
Months of Supply
1.10
Median List Price
$314,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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