Dearborn Multifamily Buyer
Sell Your Commercial Property In Dearborn, MI
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Dearborn and across Wayne County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: West Dearborn · East Dearborn · Dearborn Heights · Allen Park — Wayne County, MI
The Dearborn Market
What Drives Rentals In Dearborn
Dearborn, Michigan is a Wayne County city of 107,423 residents where 31.6% of households rent and 83.8% of homes predate 1980. Owners who want to sell commercial property in Dearborn, MI face a median gross rent of $1,327, a 58.8122-mill summer tax rate and a city inspection program for rentals. This profile gathers ACS 2020-2024 renter data, HUD FY2027 rents, Michigan tax law and Dearborn landlord rules in one place, so owners can price income, taxes and buyer demand before they list.
Ford Dearborn Truck Plant
Ford lists approximately 4,995 employees at the Dearborn Truck Plant, which builds the F-150 and Raptor (headcount data from June 2026).Corewell Dearborn Hospital
Corewell Health Dearborn Hospital, on Oakwood Boulevard, reports 632 beds and 3,943 team members as of December 2024.University of Michigan-Dearborn
The University of Michigan-Dearborn reported total headcount of 8,005 students for fall 2025, including 6,199 undergraduates and 1,806 graduate students.Our Buy Box
What We Buy In Dearborn
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Dearborn Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Dearborn, MI
Renters occupy 31.6% of Dearborn occupied homes, or 11,597 of 36,695 households, in the ACS 2020-2024 tenure table.
Buildings with five or more units make up 13.7% of Dearborn homes (5,383 of 39,394), per the ACS units-in-structure table. Stock is old: 83.8% of Dearborn homes were built before 1980, and the median year built is 1952, per the ACS year-built table.
Rents and affordability in Dearborn
Median gross rent in Dearborn is $1,327 a month in ACS 2020-2024, which is 17.5% above the Michigan median of $1,129. Rental vacancy is 5.5%, with a margin of error of 1.8 points, per ACS DP04.
Households paying 30% or more of income on rent total 56.0% in Dearborn, per the ACS rent-burden table. Owners who plan to sell commercial real estate in Dearborn, MI can use these figures to frame tenant strength.
HUD FY2027 FMR for the Detroit-Warren-Livonia, MI HUD Metro FMR Area, effective October 1, 2026:
| Unit size | HUD FY2027 FMR (monthly) |
|---|---|
| Efficiency | $1,047 |
| One bedroom | $1,167 |
| Two bedroom | $1,459 |
| Three bedroom | $1,777 |
| Four bedroom | $1,929 |
Property taxes in Wayne County
A $2,000,000 Dearborn apartment building carries about $58,812 a year in summer-bill taxes at the 2025 non-homestead rate of 58.8122 mills. That rate is for the Dearborn school district, per the City of Dearborn 2025 summer tax rates.
The math: Michigan assesses at 50% of true cash value, so $2,000,000 becomes $1,000,000 of state equalized value. After a sale, taxable value resets to that value for the following year, under MCL 211.27a. $1,000,000 times 58.8122 mills equals $58,812.20.
Winter-bill levies are not in that summer rate, so the all-in bill runs higher. An owner ready to sell commercial property in Dearborn, MI should model the reset before listing.
Landlord rules in Dearborn
Dearborn requires a Certificate of Occupancy before a rental is listed, and owners have 90 days after the first inspection to fix cited items, per the City of Dearborn rental page.
Michigan caps security deposits at 1 1/2 months' rent under MCL 554.602, and a damage notice is due within 30 days of move-out under MCL 554.609. Nonpayment starts with a 7-day demand for possession under MCL 600.5714.
Dearborn cannot cap rents, because MCL 123.411 bars local rent control ordinances. Anyone selling commercial property in Dearborn should expect buyers to price in the inspection record.
What this means for an owner
Dearborn's 31.6% renter share gives buyers a clear demand story, while old stock adds tax resets and inspection costs. Owners ready to sell commercial property in Dearborn, MI start by pricing income and taxes together.
Run the numbers with our cap rate calculator. Skyline Capital Investments buys 5+ unit buildings, so an owner weighing whether to sell your apartment building in Dearborn can request an offer on our sell my apartment building page.
Good To Know
What Shapes A Dearborn Offer
More about selling in Michigan →Investing in Dearborn? See apartment syndications in Dearborn →
- Dearborn taxable value resets to state equalized value the year after a sale, so a sale changes the tax bill.
- Michigan law bars local rent control, so Dearborn rents follow the market rather than a city cap.
- Owners who sell commercial real estate in Dearborn, MI should hold a current Certificate of Occupancy before listing.
Seller Guides
Dearborn Seller Situations
Learn More
Taxes & Rules For Dearborn Property
The Michigan rules that shape any deal in Dearborn: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Dearborn Seller FAQ
How do I sell commercial property in Dearborn, MI?
Start with income, taxes and the rental Certificate of Occupancy. Dearborn renters are 31.6% of households and 13.7% of homes sit in 5+ unit buildings, so buyers look for steady rent rolls. Skyline Capital Investments buys 5+ unit buildings directly.
What are property taxes on a $2 million building in Dearborn?
At the 2025 non-homestead summer rate of 58.8122 mills, a $2,000,000 building taxed on $1,000,000 of taxable value owes about $58,812 on the summer bill. Winter levies come on top, and taxable value resets after a sale.
Does Dearborn have rent control?
No. MCL 123.411 says a Michigan local government shall not enact, maintain or enforce an ordinance that controls the rent charged for private residential property. Dearborn owners set rents by the market, and HUD's FY2027 two-bedroom rent is $1,459.
Can I sell commercial real estate in Dearborn, MI with tenants in place?
Yes. Buyers value occupied buildings, and Dearborn rental vacancy is 5.5% in ACS 2020-2024. Keep the Certificate of Occupancy current and security deposits within the 1 1/2 months' rent cap so the rent roll transfers cleanly.
Who can I sell multifamily property in Dearborn to?
Owners can sell to local investors, regional operators or direct buyers such as Skyline Capital Investments, which buys 5+ unit buildings. Dearborn's median year built of 1952 means buyers will price in repairs.
What if my Dearborn building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with Dearborn brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Dearborn, and we keep every conversation confidential.
Is it possible to sell rental property in Dearborn without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Dearborn?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Selling A Building In Dearborn?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
