Apartment Building

Ellsworth, MI Apartment Buildings for Sale

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East Jordan, MI Central Lake, MI Charlevoix, MI Eastport, MI Kewadin, MI Bellaire, MI Boyne City, MI Northport, MI
Renovated Multifamily Property
Updated: Jul 2
Renovated Multifamily Property

9661 Lake Street, Ellsworth, MI 49729

$1,649,000
4,736 sqft 53.00 AC lot
4,736‑square‑foot multifamily property with nine bedrooms and nine and a half baths
Individually configured private units within a renovated former bed‑and‑breakfast
53‑acre property with 139 feet of private frontage on Saint Clair Lake
Commercial‑Improved zoning
Wood‑frame construction with a shingle roof
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ellsworth, 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.

Historic Apartment Compound
Historic Apartment Compound

4987 Loeb Road, Charlevoix, MI 49720

$1,495,000
6,317 sqft

Three-building multifamily property with renovated interiors, natural gas heating, and Commercial zoning.

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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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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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Ellsworth, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Ellsworth, MI on our real estate platform. These investment opportunities span a total of 4,736 square feet of properties for sale, with an estimated market value of $1,649,000.

Sale prices for apartment complexes in Ellsworth, MI average $1,649,000 — 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 1,435
Population Growth (5Y) -9.0%
Median Household Income $78,365
College Educated 31.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49729 $1.6M

Taxes & Financing

Tax Rate (average for all types) 2.08%
Property Tax per SF $39.38 per SF
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

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