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    Sault Sainte Marie, MI Apartment Buildings for Sale

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    Brimley, MI Rudyard, MI Kinross, MI
    Multi-Unit Residential Income Property
    $405,000
    0.32 Acres
    Multi-Unit Residential Income Property

    Sault Sainte Marie, MI 49783

    Income-producing multi-unit residential property offered for sale with financial information available to qualified buyers.
    • Income‑producing multi‑unit property in the heart of Sault Ste. Marie with a strong rental history and consistent occupancy (per remarks)
    • Six bedrooms total across Bedroom 1 through Bedroom 6
    • Five bathrooms total across Bathroom 1 through Bathroom 5
    • Basement included
    • Financial information available to qualified buyers (per remarks)
    Updated: Jun 3
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    21-Unit Hospitality Property
    $450,000
    6,450 SF
    21-Unit Hospitality Property

    Sault Sainte Marie, MI 49783

    For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.
    • 21‑unit hospitality property in the heart of Sault Ste. Marie on a high‑visibility corridor
    • Offered at $450,000 (listed as ~ $21,400 per unit and ~ $70 per square foot)
    • New flat roof installed
    • Ongoing renovations being done daily
    • Close to Lake Superior State University; Soo Locks expansion project ($3.22B) expected to drive visitors and workers through at least 2030
    Updated: May 20
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Rooftop
    $3,995,000
    10,500 SF
    Mixed-Use Building with Rooftop

    Restored 1915 building combines Bridge Street retail with renovated apartment units and a rooftop gathering area.

    211 Bridge, Charlevoix, MI 49720

    View details
    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

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

    524 State St, Petoskey, MI 49770

    View details
    Historic Mixed-Use Building with Retail
    $3,995,000
    10,500 SF
    Historic Mixed-Use Building with Retail

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

    211 Bridge Street, Charlevoix, MI 49720

    View details
    Mixed-Use Building with Rental Micro-Units
    $1,930,000
    22,405 SF
    Mixed-Use Building with Rental Micro-Units

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

    525 W Mitchell St, Petoskey, MI 49770

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

    View details
    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    Sault Sainte Marie, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Sault Sainte Marie, MI on our real estate platform. These investment opportunities span a total of 6,450 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for two-family homes in Sault Sainte Marie, MI start at $450,000, averaging $450,000, and reaching up to $450,000 — 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 24K
    Population Growth (5Y) -18.3%
    Median Household Income $58,587
    College Educated 10.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49783 $510K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chippewa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Office

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