Lake City, MI Apartment buildings for sale

Lake City Multifamily Investment Opportunity

$420,000

4,880 SF

Lake City Multifamily Investment Opportunity

1341 S Lakeshore Dr, Lake City, MI 49651

Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.

Turnkey, fully occupied 8‑unit multifamily property providing immediate cash flow.
Significant expansion potential on a 2.11‑acre lot, allowing for the construction of additional units.
High‑visibility location on M‑66/S. Lakeshore Drive in a desirable four‑season market.
Existing pool house (80 x 34) offers options for restoration or conversion into rental units.
Includes a 56 x 24 pole barn, providing opportunities for storage rental and added income.

Updated: Jan 7

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

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

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Remodeled 3-bedroom condo with modern finishes and flexible living spaces.

1801 St Joseph St, Traverse City, MI 49686

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Holiday Hills Condo with Fireplace

Charming two-bedroom condo near recreation and Traverse City.

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Ten-Unit Apartment Building For Sale

Ten-unit apartment building with coin-operated laundry and remodeled units.

707 Maple St, Big Rapids, MI 49307

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Residential Development Opportunity, Big Rapids

$475,000

0.87 Acres

Residential Development Opportunity, Big Rapids

Approved development site for up to 6 residential units.

203 S 3Rd Ave, Big Rapids, MI 49307

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Lake City, MI Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Lake City, MI on our real estate platform. These investment opportunities span a total of 91,912 square feet of properties for sale, with an estimated market value of $420,000.

Prices for two-family homes in Lake City, MI start at $420,000, averaging $420,000, and reaching up to $420,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Lake City, MI Apartment Buildings for Sale

Lake City Multifamily Investment Opportunity

Turnkey 8-unit multifamily property with expansion potential in Lake City, MI.