Apartment Building

Big Rapids, MI Apartment Buildings for Sale

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Six-Unit Apartment Building
Updated: May 6
Six-Unit Apartment Building

Big Rapids, MI 49307

$469,900
0.21 AC lot
Fully occupied 6‑unit multifamily in Big Rapids near Ferris State University
Unit mix: five 2 bed/1 bath units and one 4 bed/1 bath unit totaling approx. 5,500 sq ft
Each unit has a separate water meter for potential water billing back and increased NOI
Coin‑op laundry generates approx. $300/month additional income
Three of six furnaces are newer (under 2 years old)
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Corner Lot 5-Unit Multifamily Investment
Corner Lot 5-Unit Multifamily Investment

501 S University, Mt Pleasant, MI 48858

$359,900
3,725 sqft 0.18 AC lot

Fully leased five-unit property with signed leases through 2027 and separate utilities on a corner lot.

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Licensed Rental Property For Sale
Licensed Rental Property For Sale

1020 S Lansing St, Mount Pleasant, MI 48858

$245,000
0.12 AC lot

8 bedroom, 3 bath licensed rental property.

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Fully Occupied Investment Property
Fully Occupied Investment Property

501 S University, Mount Pleasant, MI 48858

$359,900

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

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Licensed Multifamily Condo
Licensed Multifamily Condo

1825 A8 S Crawford Road, Mt Pleasant, MI 48858

$85,000
1,554 sqft

Condo with a 5-person multifamily license, offering 5 bedrooms and 2.5 baths with outside maintenance included via dues.

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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
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

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

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Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

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

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Big Rapids, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Big Rapids, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $469,900.

Sale prices for two-family homes in Big Rapids, MI start at $469,900, averaging $469,900, and reaching up to $469,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 average listing prices of real estate assets

Neighborhood Average Price
49307 $469.9K

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

New vs delisted commercial listings in Mecosta County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Mecosta County

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