Add Listing
    Big Rapids, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Big Rapids, MI Apartment Buildings for Sale

    Notify Me
    List
    Map
    Stanwood, MI Reed City, MI Rodney, MI
    Big Rapids Multifamily Investment Opportunity
    $490,000
    5,500 SF
    Big Rapids Multifamily Investment Opportunity

    Big Rapids, MI 49307

    Fully occupied 6-unit property near Ferris State University.
    • Fully occupied 6‑unit multifamily property near Ferris State University for consistent rental income.
    • Increase Net Operating Income (NOI) by billing back water to tenants with separate water meters.
    • Upside potential through rent increases to market rates ($1,050/month for 2‑bedroom units).
    • Coin‑operated laundry provides approximately $300/month in additional income.
    • Three newer furnaces (under 2 years old) reduce near‑term capital expenditure.
    Updated: May 6
    View details
    Big Rapids Multifamily Investment Opportunity
    Contact for pricing
    Big Rapids Multifamily Investment Opportunity

    Various, Big Rapids, MI

    Multifamily properties near Ferris State University in Big Rapids, MI.
    • Pedestrian‑friendly location in the heart of Big Rapids.
    • Less than a mile from Ferris State University.
    • Quick and convenient access to academic buildings, campus dining, and extracurricular facilities.
    • Located just off State Street.
    • Minutes from Perry Avenue and Maple Street.
    Updated: Jan 27
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Big Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Occupied Investment Property
    $375,000
    Fully Occupied Investment Property

    Five-unit multifamily property with long-term tenants and stable cash flow.

    501 S University, Mount Pleasant, MI 48858

    View details
    Licensed Rental Property For Sale
    $245,000
    0.12 Acres
    Licensed Rental Property For Sale

    8 bedroom, 3 bath licensed rental property.

    1020 S Lansing St, Mount Pleasant, MI 48858

    View details
    Mt Pleasant Condo Near CMU
    $85,000
    1,554 SF
    Mt Pleasant Condo Near CMU

    Five-bedroom condo near CMU with multifamily license for five.

    1825 A8 S Crawford Road, Mt Pleasant, MI 48858

    View details
    Mt Pleasant Condo Near CMU
    $85,000
    1,552 SF
    Mt Pleasant Condo Near CMU

    5-bedroom, 2.5-bath condo near CMU with rental history.

    1825 D7 S Crawford Road, Mt Pleasant, MI 48858

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details

    Big Rapids, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Big Rapids, MI on our real estate platform. These investment opportunities span a total of 8,300 square feet of properties for sale, with an estimated market value of $579,500.

    Sale prices for two-family homes in Big Rapids, MI start at $89,500, averaging $289,750, and reaching up to $490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 18K
    Population Growth (5Y) -13.0%
    Median Household Income $54,803
    College Educated 41.5%

    High-Yield Neighborhoods for Investment

    Identify Big Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49307 $490K

    Taxes & Financing

    Tax Rate (average for all types) 2.26%
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Big Rapids, MI

    Popular Categories

    Most Searched ZIP Codes in Big Rapids, MI

    • 49307

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!