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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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    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 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.

    Three-Building Apartment Property
    Three-Building Apartment Property

    4987 Loeb Road, Charlevoix, MI 49720

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

    Leased apartment compound with commercial zoning, established improvements, and capacity for an additional unit.

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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.

    View details
    8-Unit Multifamily Apartment Building
    8-Unit Multifamily Apartment Building

    1341 S Lakeshore Drive, Lake City, MI 49651

    $420,000
    4,880 sqft 2.11 AC lot

    Fully occupied 8-unit apartment complex with expansion space on a 2.11-acre lot.

    View details
    Turnkey Multifamily with Expansion Potential
    Turnkey Multifamily with Expansion Potential

    Lake City, MI 49651

    $420,000
    2,448 sqft 2.11 AC lot

    Fully rented 8-unit apartment complex with development potential.

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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 two-family homes 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

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Antrim County

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