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Cheboygan, MI Apartment Buildings for Sale

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Cheboygan Multifamily Investment Opportunity
$499,000
7,500 SF

Cheboygan Multifamily Investment Opportunity

726 S Huron St, Cheboygan, MI 49721

Fully occupied 6-unit apartment complex near McLaren Hospital.

  • Fully occupied 6‑unit apartment complex.
  • Prime location directly across from McLaren Hospital and minutes from Downtown Cheboygan.
  • Approximately 8.35% CAP rate.
  • Value‑add potential through future development of excess acreage (2.5 ± acres total).
  • Each unit includes two private parking spaces, a semi‑private backyard area, and a dedicated storage shed.
Last Update: Nov 8
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Downtown Gaylord Mixed-Use Building
$325,000
4,822 SF

Downtown Gaylord Mixed-Use Building

Commercial building with mixed-use potential and upper-level apartment.
144 W Main St, Gaylord, MI 49735
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Mixed-Use Property in Downtown Gaylord
$275,000
0.38 Acres

Mixed-Use Property in Downtown Gaylord

Commercial space with office, apartment, and garage in downtown.
1412 S Otsego Ave, Gaylord, MI 49735
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Holiday Hills Condo with Fireplace
$239,900
1,152 SF

Holiday Hills Condo with Fireplace

Charming two-bedroom condo near recreation and Traverse City.
3947 Emily Ln, Traverse City, MI 49686
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Traverse City Mixed-Use Redevelopment
$1,299,000
0.63 Acres

Traverse City Mixed-Use Redevelopment

Prime US-31 location, 0.63 acres, high visibility.
1040 Front St, Traverse City, MI 49686
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Cheboygan, MI Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Cheboygan, MI on our real estate platform. These investment opportunities span a total of 108,900 square feet of properties for sale, with an estimated market value of $499,000.

Prices for two-family homes in Cheboygan, MI start at $499,000, averaging $499,000, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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