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    Caro, MI Apartment Buildings for Sale

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    Vassar, MI Kingston, MI Silverwood, MI
    Restaurant, Bar with Apartments
    $450,000
    3,368 SF
    Restaurant, Bar with Apartments

    261 N State Street, Caro, MI 48723

    Restaurant/bar with two apartments in downtown Caro, Michigan.
    • Fully functioning restaurant/bar with existing customer base.
    • Sale includes liquor license.
    • Two upstairs apartments provide rental income potential.
    • Prime downtown Caro location.
    • The two‑bedroom apartment has been recently touched up.
    Updated: Oct 22, 2025
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    Value-Add Investment Opportunity
    $459,900
    5,934 SF
    Value-Add Investment Opportunity

    Caro, MI 48723

    4.5-acre property with storage units, commercial space, and apartment.
    • Multiple income streams from storage units, commercial lease, apartment, and billboard.
    • Substantial value‑add investment opportunity on 4.5 acres.
    • Existing commercial lease generating $2,200/month.
    • Includes 32 storage units.
    • Features a 2‑bedroom apartment generating $650/month.
    Updated: Feb 4, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Caro, 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.

    Mixed-Use Investment in Bay City
    $364,000
    15,000 SF
    Mixed-Use Investment in Bay City

    Historic 15,000 SF mixed-use building with redevelopment potential.

    301 E Midland Street, Bay City, MI 48706

    View details
    Seven-Unit Income Property Available
    $220,000
    Seven-Unit Income Property Available

    Seven-unit income property in high-demand rental area.

    1720 S Michigan Ave, Saginaw, MI 48602

    View details
    Renovated Carrolton Investment Opportunity
    $799,900
    11,840 SF
    Renovated Carrolton Investment Opportunity

    Extensively renovated apartment building with additional commercial space.

    548 Shattuck Rd, Saginaw, MI 48604

    View details
    Historic Midland Street Mixed-Use Building
    $299,900
    Historic Midland Street Mixed-Use Building

    Mixed-use property in the Midland Street Historic District.

    703 E Midland, Bay City, MI 48708

    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
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

    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

    Caro, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Caro, MI on our real estate platform. These investment opportunities span a total of 9,302 square feet of properties for sale, with an estimated market value of $909,900.

    Sale prices for two-family homes in Caro, MI start at $450,000, averaging $454,950, and reaching up to $459,900 — 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 12K
    Population Growth (5Y) -0.6%
    Median Household Income $56,618
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Caro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48723 $455K

    Taxes & Financing

    Tax Rate (average for all types) 4.73%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tuscola County

    New Delisted

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