Apartment Acquisitions · Livonia
Sell Your Commercial Property In Livonia, MI
Own a commercial apartment building of five or more units in Livonia? We purchase multifamily properties around Northville, Redford, and the rest of Wayne County, and we review every deal against a clear buy box.
- 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: Northville · Redford · Westland · Farmington — Wayne County, MI
The Livonia Market
What Drives Rentals In Livonia
Livonia, a Wayne County suburb of 93,851 residents, rents at a median $1,322 a month, 17.1% above Michigan's median (ACS 2020-2024). Only 12.8% of Livonia households rent, and 3,359 homes sit in buildings with 5 or more units. Owners who want to sell commercial property in Livonia, MI face a 13.7134-mill city levy and a housing stock built mostly before 1980. This profile gathers Livonia rents, HUD fair market rents, tax mechanics, landlord rules and local employers for apartment owners.
Trinity Health Livonia Hospital
A 304-bed community hospital in Livonia with an emergency center, heart center and cancer center, per Trinity Health Michigan.Schoolcraft College
Schoolcraft College, with all three sites in Livonia, reported 8,524 fall 2024 students in its FY27 capital plan.Livonia industrial corridor
Livonia lists more than 4,000 businesses and a 6-square-mile industrial core; Ford, Roush and UPS are listed employers.Our Buy Box
What We Buy In Livonia
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
Livonia Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Livonia
Livonia has 4,924 renter households, or 12.8% of occupied homes, under ACS 2020-2024. Michigan as a whole stands at 26.8%. Only 3,359 Livonia homes sit in buildings with 5 or more units, an 8.5% share against 13.3% statewide (ACS table B25024).
Livonia housing is old: 77.9% was built before 1980; median year built is 1964 (ACS table B25034).
Livonia rents and affordability
Median gross rent in Livonia is $1,322 a month, 17.1% above Michigan's $1,129 (ACS 2020-2024). Median household income is $98,460 in Livonia against $72,875 statewide. In Livonia, 38.4% of renters pay 30% or more of income on rent, and 17.4% pay 50% or more (ACS table B25070).
Owners who want to sell commercial real estate in Livonia, MI can compare those rents with HUD fair market rents for the Detroit-Warren-Livonia area.
| Unit size | HUD FY2027 FMR |
|---|---|
| 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 Livonia apartment building carries a $1,000,000 taxable value after a sale. Michigan assesses at 50% of true cash value, and Livonia's 2025 Board of Review notice lists a 50.00 ratio for every class. Taxable value equals SEV the calendar year after a transfer, per Livonia's assessing guide.
Livonia's 2025 city levy is 13.7134 mills, so the city portion is $13,713 ($1,000,000 x 13.7134 / 1,000) per the city millage breakdown. Other levies add to that. The assessor's 2022 report listed a 2021 non-homestead total of 58.9672 mills for Livonia Public School, or $58,967 on the same base.
Anyone ready to sell commercial property in Livonia, MI should know the March Board of Review is the only appeal opportunity for that year's assessment.
Landlord rules in Livonia
- Michigan caps a security deposit at 1 1/2 months' rent (MCL 554.602).
- Landlords mail an itemized damage notice within 30 days after occupancy ends (MCL 554.609).
- Nonpayment allows a written 7-day notice to quit (MCL 554.134).
- Local rent control is barred statewide (MCL 123.411).
Livonia also requires a rental license and a Certificate of Compliance before a unit is occupied, per the city rental guide. Current paperwork gives buyers less to question when selling commercial property in Livonia.
What this means for a Livonia owner
Livonia owners hold a small slice of the housing stock: 3,359 homes in 5+ unit buildings (ACS 2020-2024). Owners who sell commercial property in Livonia, MI also face a 13.7134-mill city levy and a median build year of 1964.
If you plan to sell your apartment building in Livonia, start with our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings; see how we buy apartment buildings.
Local Knowledge
Livonia Seller Checklist
More about selling in Michigan →Investing in Livonia? See apartment syndications in Livonia →
- Before you sell commercial real estate in Livonia, MI, note taxable value resets to SEV after a sale.
- Livonia's 2025 city levy totals 13.7134 mills; school and county levies come on top.
- Livonia requires a rental license and Certificate of Compliance before a unit is occupied.
Seller Guides
Selling A Building In Livonia
Learn More
Taxes & Rules For Livonia Property
The Michigan rules that shape any deal in Livonia: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Livonia Seller FAQ
What should I know before I sell commercial property in Livonia, MI?
Start with taxes and rents. Livonia's 2025 city levy is 13.7134 mills, taxable value resets to SEV after a sale, and median gross rent is $1,322 (ACS 2020-2024). Keep the rental license and Certificate of Compliance current before listing.
What rent data applies if I sell commercial real estate in Livonia, MI?
Median gross rent in Livonia is $1,322 a month (ACS 2020-2024). HUD's FY2027 fair market rent for the Detroit-Warren-Livonia area is $1,167 for a one-bedroom and $1,459 for a two-bedroom. Compare both figures with your own in-place rents.
Does Livonia have rent control?
No. MCL 123.411 bars Michigan local governments from enacting or enforcing an ordinance that controls the amount of rent charged for private residential property. Owners who plan to sell multifamily property in Livonia face no local rent cap.
What are Michigan's security deposit and notice rules for Livonia landlords?
Michigan limits a security deposit to 1 1/2 months' rent (MCL 554.602). After occupancy ends, the landlord has 30 days to mail an itemized damage notice (MCL 554.609). Nonpayment allows a written 7-day notice to quit (MCL 554.134).
How are Livonia apartment buildings taxed after a sale?
Livonia's assessing guide says taxable value is uncapped the year after a transfer and equals SEV. SEV is half of true cash value, so a $2,000,000 sale gives $1,000,000 taxable value, or $13,713 at the 2025 city levy.
Will you buy a Livonia property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Livonia brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Livonia, and we keep every conversation confidential.
Is it possible to sell rental property in Livonia 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 Livonia?
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 Livonia?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
