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    Charlevoix, MI
    Apartment Building

    Charlevoix, MI Apartment Buildings for Sale

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    Ellsworth, MI East Jordan, MI Boyne City, MI Petoskey, MI Central Lake, MI Eastport, MI Kewadin, MI Northport, MI
    Three-Building Apartment Property
    Updated: Aug 14
    Three-Building Apartment Property

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot
    Three‑building apartment property on 2 acres
    6,317 square feet across the property
    7 finished, leased units
    Approved for up to 8 total units
    Commercial zoning
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    Historic Apartment Compound
    Updated: Sep 3
    Historic Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft
    Two‑acre multifamily compound with three buildings
    6,317 square feet across a schoolhouse, carriage house, and duplex
    7 rentable units currently in place
    Township allows a total of 8 units
    1917 historic schoolhouse with cut‑stone construction
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    Restored Mixed-Use Building
    Restored Mixed-Use Building

    211 Bridge, Charlevoix, MI 49720

    $3,795,000
    10,500 sqft

    Commercially zoned property combines street-level retail with short-term rental apartments.

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    See hot listings in Charlevoix

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Three-Building Apartment Compound
    Three-Building Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

    $1,495,000
    6,317 sqft 2.00 AC lot

    Leased residential units occupy a flexible multifamily layout with approved capacity for additional occupancy.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    123 North Bailey Street, Cheboygan, MI 49721

    $379,000
    16,718 sqft

    Commercially zoned property with rear paved parking, an attached garage, and storage space.

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    13-Unit Apartment Building
    13-Unit Apartment Building

    5692 N US 31 Highway, Levering, MI 49755

    $497,000
    4,769 sqft

    Fully rented efficiency-apartment property with on-site laundry, paved parking, and an attached house/office.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    2870 N US 31 Highway, Levering, MI 49755

    $269,000
    2,800 sqft

    Fully rented efficiency apartments with on-site coin laundry and commercial zoning.

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    Brick Apartment Building
    Brick Apartment Building

    123 N BAILEY STREET, Cheboygan, MI 49721

    $379,000

    The property includes a garage and a separate office space with possible rental use.

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    Off-Market Properties in Charlevoix, MI

    Consider similar Off-Market properties in Charlevoix, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6822 Us-31
    Multifamily properties

    6822 Us-31, Charlevoix, MI 49720

    Estimated value: by Request
    2,490 sqft 1.33 AC lot
    View details

    Charlevoix, MI Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Charlevoix, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,451 square feet of properties for sale, with an estimated market value of $8,280,000.

    Sale prices for apartment complexes in Charlevoix, MI start at $1,495,000, averaging $2,070,000, and reaching up to $3,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49720 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Charlevoix County

    Residential Income

    How Realmo verifies these figures

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    Popular Searches in Charlevoix, MI

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    Most Searched ZIP Codes in Charlevoix, MI

    • 49720

    Featured Charlevoix Real Estate Agencies

    Realmo connects you with licensed Charlevoix CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Real Estate
    203 Bridge St. Charlevoix, MI 49720
    Phone: 12315479905
    www.BHHSMichiganRealEstate.com
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