Petoskey, MI Apartment buildings for sale

Victorian-Style 5-Unit Multifamily Property

$850,000

0.17 Acres

Victorian-Style 5-Unit Multifamily Property

624 Michigan St, Petoskey, MI 49770

Petoskey 5-unit with recent renovations and strong rental demand.

High Income Potential: In‑place rent of ~$7,500/month with proven demand.
Extensive Recent Renovations: New roof, exterior paint, remodeled breezeways, upgraded electrical/plumbing in select units, full unit renovations with updated kitchens/baths, and a new laundry room.
Prime Location: Situated in the heart of Petoskey with excellent walkability.
Solid Investment: Opportunity for value appreciation through continued unit optimization and amenity enhancements.
Appealing Aesthetics: Victorian‑style architecture with bay windows and tasteful landscaping.

Updated: Jan 28

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Petoskey Multifamily Investment Opportunity

$850,000

0.16 Acres

Petoskey Multifamily Investment Opportunity

524 State St, Petoskey, MI 49770

Well-maintained 6-unit multifamily property near downtown Petoskey.

Stable, in‑place rent of ~$8,150/month.
Well‑maintained 6‑unit multifamily property.
Recent upgrades include exterior paint, porch rebuild, foundation work, and breezeway update.
Located in a walkable Petoskey neighborhood near downtown, schools, and employment.
Mix of renovated units with durable finishes.

Updated: Jan 28

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$875,000

3.43 Acres

Petoskey Multifamily Investment Opportunity

Five-unit property near downtown Petoskey with strong cash flow.

138 E Sheridan St, Petoskey, MI 49770

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

$300,000

12,400 SF

Historic Mixed-Use Building in Cadillac

Three-story, 12,400 SF building with redevelopment potential in downtown Cadillac.

107 N Mitchell St, Cadillac, MI 49601

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$300,000

12,400 SF

Historic Brick Building in Downtown

12,400 SF historic building with redevelopment potential in Cadillac.

107 N Mitchell St, Cadillac, MI 49601

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Downtown Manistee Retail Redevelopment Opportunity

$540,000

17,000 SF

Downtown Manistee Retail Redevelopment Opportunity

17,000 SF retail space with redevelopment potential in downtown Manistee.

84 Cypress St, Manistee, MI 49660

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$565,000

4,800 SF

Historic Manistee Mixed-Use Gem

Iconic downtown property with retail space and residential potential.

429 River St, Manistee, MI 49660

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Petoskey, MI Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Petoskey, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 163,786 square feet of properties for sale, with an estimated market value of $2,575,000.

Sale prices for two-family homes in Petoskey, MI start at $850,000, averaging $858,333, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Petoskey, MI Apartment Buildings for Sale

Victorian-Style 5-Unit Multifamily Property

Petoskey 5-unit with recent renovations and strong rental demand.

Petoskey Multifamily Investment Opportunity

Well-maintained 6-unit multifamily property near downtown Petoskey.

Petoskey Multifamily Investment Opportunity