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    Elk Rapids, MI
    Duplex

    Elk Rapids, MI Duplexes for Sale

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    Rapid City, MI Traverse City, MI Kewadin, MI Williamsburg, MI Alden, MI Bellaire, MI Acme, MI Suttons Bay, MI
    Mixed-Use Property with Garage
    Updated: May 7, 2025
    Mixed-Use Property with Garage

    312 Pine Street, Elk Rapids, MI 49629

    $495,000
    3,475 sqft
    3,475 SF building plus a 960 SF garage
    Large double lot three blocks from downtown Elk Rapids
    R‑2 zoning with grandfathered commercial use
    Duplex or 2 single‑family homes are a use by right
    Five‑year deed restriction excludes funeral homes and related uses
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    See hot listings in Elk Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, 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.

    Renovated Furnished Duplex
    Renovated Furnished Duplex

    509 Rose Street, Traverse City, MI 49686

    $369,000
    977 sqft 0.05 AC lot

    Two permitted short-term rental units offer furnished accommodations near downtown Traverse City and the waterfront.

    View details
    Duplex with Three-Stall Garage
    Duplex with Three-Stall Garage

    131 N Spruce, Traverse City, MI 49684

    $599,900

    Two separate living spaces provide flexible residential income and household accommodation.

    View details
    Updated Duplex with Ranch Layout
    Updated Duplex with Ranch Layout

    7228 S M-88, Bellaire, MI 49615

    $394,000
    1,784 sqft 1.00 AC lot

    Two residential units include remodeled kitchens, bathrooms, and dedicated laundry areas.

    View details
    Updated Duplex with Two Units
    Updated Duplex with Two Units

    7228 S M-88, Bellaire, MI 49615

    $394,000
    1,784 sqft 1.00 AC lot

    Ranch-style duplex with refreshed kitchens, remodeled bathrooms, and laundry accommodations serving both units.

    View details

    Elk Rapids, MI Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 3,475 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for two-family homes in Elk Rapids, MI average $495,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 3
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49629 $495K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

    How Realmo verifies these figures

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