Apartment Building

Lake Leelanau, MI Apartment Buildings for Sale

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8-Unit Townhouse Apartment Property
Updated: Oct 16
8-Unit Townhouse Apartment Property

540 Saint Joseph Street, Lake Leelanau, MI 49653

$1,500,000
6,272 sqft 1.22 AC lot
Eight townhouse units across two buildings, with four units in each
Each unit has 2 bedrooms and 1.5 bathrooms
Built in 2002; 6,272 square feet on 1.22 acres
Separate natural gas and electric meters for every unit
Each unit includes a 5‑foot crawlspace with furnace and water heater
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Leelanau, 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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Multifamily Rental Portfolio
Multifamily Rental Portfolio

314 E Pine Street, Cadillac, MI 49601

$575,000
0.14 AC lot

Three nearby rental properties offer established occupancy, off-street parking, and access to downtown amenities.

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10-Unit Apartment Property Package
10-Unit Apartment Property Package

411 S Simon St #1, Cadillac, MI 49601

$575,000

Three nearby rental properties offer off-street parking and convenient access to downtown Cadillac.

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Lake Leelanau, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 6,272 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for apartment complexes in Lake Leelanau, MI average $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 1,813
Population Growth (5Y) -10.2%
Median Household Income $84,954
College Educated 74.3%

Taxes & Financing

Tax Rate (average for all types) 2.01%
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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