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    6-Unit Apartment Building
    Updated: Aug 13
    6-Unit Apartment Building

    123 N BAILEY STREET, Cheboygan, MI 49721

    $399,000
    6‑unit apartment building
    Attached garage included
    Storage area and partial basement
    Office area could be converted to an efficiency apartment
    Rear paved parking
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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

    Opportunities in Nearby Cities

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

    Seven-Unit Apartment Compound
    Seven-Unit Apartment Compound

    4987 Loeb Road, Charlevoix, MI 49720

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

    Three-building residential property with leased units and approval for one additional unit.

    View details
    Mixed-Use Property With Rental Units
    Mixed-Use Property With Rental Units

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft

    Mixed-use property combines residential rentals, office and retail space, and an on-site house.

    View details
    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.

    View details
    Mixed-Use Building with Rental Micro-Units
    Mixed-Use Building with Rental Micro-Units

    525 W Mitchell St, Petoskey, MI 49770

    Contact for pricing
    22,405 sqft

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

    View details

    Cheboygan, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Cheboygan, MI on our real estate platform.

    Sale prices for two-family homes in Cheboygan, MI average $399,000 — 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 14K
    Population Growth (5Y) -2.2%
    Median Household Income $60,840
    College Educated 29.7%

    Taxes & Financing

    Tax Rate (average for all types) 3.46%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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