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    Hanover, MI Apartment Buildings for Sale

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    Horton, MI Jackson, MI Jonesville, MI
    Multifamily Portfolio with Duplex Buildings
    $1,500,000
    13.00 Acres
    Multifamily Portfolio with Duplex Buildings

    315 S Jackson Street, Hanover, MI 49241

    Twelve leased units across five duplex buildings and two single-family homes on approximately 13 acres.
    • Multifamily portfolio with 12 income‑producing units in the Village of Hanover
    • Built in 1964; includes five duplex buildings and two single‑family homes
    • All units currently leased for full occupancy
    • Approximately 13 acres of land across 6 parcels (parcel IDs listed in remarks)
    • Utilities include well water and septic tank sewer; driveway parking available
    Updated: Mar 15
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    Multifamily Investment Opportunity in Hanover
    $1,500,000
    13.00 Acres
    Multifamily Investment Opportunity in Hanover

    315 S Jackson St 315, Hanover, MI 49241

    12-unit multifamily property on 13 acres in Hanover, MI.
    • 12 income‑producing units with 100% occupancy ensuring stable income.
    • Approximately 13 acres of land included, offering future development potential.
    • Significant recent improvements reduce future capital expenses.
    • Diverse unit mix consisting of five duplex buildings and two single‑family homes.
    • Located in the Village of Hanover.
    Updated: Mar 23
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hanover, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    12-Unit Multifamily Portfolio
    $1,100,000
    0.19 Acres
    12-Unit Multifamily Portfolio

    Two-building package with 12 units, providing current income and seller-projected stabilization and rent optimization potential.

    504-506*** 1st Street, Jackson, MI 49203

    View details
    Versatile Commercial Property in Jackson
    $799,900
    5,460 SF
    Versatile Commercial Property in Jackson

    Income-producing property with development potential near downtown Jackson, MI.

    1202-1206 Martin Luther King Junior Drive, Jackson, MI 49203

    View details
    Small Multifamily Apartment Building
    $699,000
    9,516 SF
    Small Multifamily Apartment Building

    For sale multifamily building in Concord offering income-ready unit capacity on a compact lot.

    190 Maple Street, Concord, MI 49237

    View details
    Seven-Unit Multifamily Property
    $699,000
    0.48 Acres
    Seven-Unit Multifamily Property

    Seven-unit income property with separate meters, basement storage, and a one-car garage for each unit.

    190 Maple Street, Concord, MI 49237

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details

    Hanover, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Hanover, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,000,000.

    Sale prices for two-family homes in Hanover, MI start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — 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 2,086
    Population Growth (5Y) -16.1%
    Median Household Income $81,471
    College Educated 33.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49241 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $78.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jackson County

    New Delisted

    Total CRE Inventory on Market (SF)

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