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Petoskey, MI Apartment Buildings for Sale

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Petoskey Multifamily Investment Opportunity
$875,000
3.43 Acres

Petoskey Multifamily Investment Opportunity

138 E Sheridan St, Petoskey, MI 49770

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

  • Attractive cash flow with upside potential.
  • Four out of five units renovated with new electric, drywall, and flooring.
  • Well‑located close to downtown and services.
  • In‑place rent of approximately $8,100 per month.
  • Large lot with on‑site parking and green space.
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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Victorian-Style 5-Unit Multifamily Property
$850,000
0.17 Acres

Victorian-Style 5-Unit Multifamily Property

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

624 Michigan 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.

Holiday Hills Condo with Fireplace
$239,900
1,152 SF

Holiday Hills Condo with Fireplace

Charming two-bedroom condo near recreation and Traverse City.

3947 Emily Ln, Traverse City, MI 49686
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Traverse City Mixed-Use Redevelopment
$1,299,000
0.63 Acres

Traverse City Mixed-Use Redevelopment

Prime US-31 location, 0.63 acres, high visibility.

1040 Front St, Traverse City, MI 49686
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Downtown Cadillac Historic Brick Building
$329,000

Downtown Cadillac Historic Brick Building

Historic mixed-use building in downtown Cadillac with redevelopment potential.

107 N Mitchell St, Cadillac, MI 49601
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Historic Brick Building in Downtown
$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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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.

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 have the most current data.

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