Apartment Building

Levering, MI Apartment Buildings for Sale

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13-Unit Apartment Building
Updated: Sep 21
13-Unit Apartment Building

5692 N US 31 Highway, Levering, MI 49755

$497,000
4,769 sqft
13‑unit apartment property on approximately 1.1 acres
Fully rented long‑term efficiency apartments
11 studio‑style units plus a larger corner unit and attached house/office
4,769 square feet; built in 1971
B‑2 commercial zoning with well and septic
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7-Unit Apartment Building
Updated: Sep 21
7-Unit Apartment Building

2870 N US 31 Highway, Levering, MI 49755

$269,000
2,800 sqft
7‑unit apartment property with efficiency‑style units
Currently fully rented and operating as long‑term rentals
Approximately 2,800 square feet on approximately 1.6 acres
On‑site coin laundry
Located along US‑31 in Levering
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13-Unit Apartment Property
13-Unit Apartment Property

5692 US-31, Levering, MI 49755

$497,000
4,769 sqft 1.10 AC lot

The operating property includes laundry, paved parking, and an attached house/office.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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7-Unit Apartment Property
7-Unit Apartment Property

2870 US-31, Levering, MI 49755

$269,000
2,800 sqft 1.60 AC lot

Commercial zoning and on-site coin laundry complement its long-term efficiency apartment operation.

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4 active listings match your search: Apartment Building for sale in Levering, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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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Restored Mixed-Use Building
Restored Mixed-Use Building

211 Bridge, Charlevoix, MI 49720

$3,795,000
10,500 sqft

Commercially zoned property combines street-level retail with short-term rental apartments.

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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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Levering, MI Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Levering, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,138 square feet of properties for sale, with an estimated market value of $1,532,000.

Sale prices for apartment complexes in Levering, MI start at $269,000, averaging $383,000, and reaching up to $497,000 — 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 1,858
Population Growth (5Y) -4.6%
Median Household Income $61,121
College Educated 30.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49755 $383K

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 1.43 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Residential Income

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