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    Cheboygan, MI Residential Income Properties for Sale

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    Cheboygan Multi-Family Income Opportunity
    $199,900

    Cheboygan Multi-Family Income Opportunity

    1821 E State St, Cheboygan, MI 49721

    Income-generating property with upgrades, spacious lot, and convenient location.

    • Income‑generating property featuring a single‑family home and a two‑unit rental building.
    • Rental units have seen recent upgrades with ongoing improvements.
    • New shingles on all units within the past four years.
    • Spacious lot with a large backyard.
    • Convenient location within walking distance to shopping and dining.
    Updated: Jan 20
    View details
    Commercial Building on Busy Highway
    $169,900
    1,800 SF

    Commercial Building on Busy Highway

    211 W State St, Cheboygan, MI 49721

    Commercial building with apartment in prime location on busy highway.

    • Commercial building on a busy highway.
    • Apartment above the commercial space, offering the opportunity to offset costs or live on‑site.
    • Incredible location.
    • Extra parking in the City lot.
    • Public Sewer
    Updated: Jan 5
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Cheboygan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Updated Commercial Building in Wolverine
    $599,000
    0.60 Acres

    Updated Commercial Building in Wolverine

    Five-unit commercial building with rental income potential in downtown Wolverine.

    12909 S Straits Hwy, Wolverine, MI 49799
    View details
    Historic Home in Wolverine Village
    $115,000
    1,328 SF

    Historic Home in Wolverine Village

    Charming 3-bedroom home near Rails to Trails and Sturgeon River.

    12818 S Straits Hwy, Wolverine, MI 49799
    View details
    Petoskey Lakefront Development Land
    $568,000
    55.42 Acres

    Petoskey Lakefront Development Land

    55 Acres, Mixed-Use Potential, Lakefront

    4281 Pickeral Lk Rd, Petoskey, MI 49770
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    Petoskey Duplex: Income Potential
    $350,000
    1,816 SF

    Petoskey Duplex: Income Potential

    Centrally located Petoskey duplex with income potential near downtown.

    513 Liberty 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.

    Cheboygan Land for Development
    $170,500
    1.26 Acres

    Cheboygan Land for Development

    1.26 AC R-M zoned land ideal for townhomes or apartments.

    V/L 1.26Ac Townline Rd, Cheboygan, MI 49721
    View details
    Waterfront Lot on Black River
    $159,000
    3.10 Acres

    Waterfront Lot on Black River

    3.1 acre waterfront lot with 230' frontage.

    Off Riv Edge Dr, Cheboygan, MI 49721
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    Waterfront Lot on Black River
    $159,000
    3.00 Acres

    Waterfront Lot on Black River

    3-acre waterfront lot with 225' frontage on the Inland Waterway.

    Off Riv Edge Dr, Cheboygan, MI 49721
    View details
    Waterfront Land on Black River
    $159,000
    3.10 Acres

    Waterfront Land on Black River

    3.1 acre waterfront lot with 225' frontage for sale.

    Off Riv Edge Dr, Cheboygan, MI 49721
    View details

    Cheboygan, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Cheboygan, MI on our real estate platform. These investment opportunities span a total of 348,480 square feet of properties for sale, with an estimated market value of $169,900.

    Prices for residential income properties in Cheboygan, MI start at $0.00, averaging $84,950, and reaching up to $169,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Residential income properties for Sale Near Cheboygan, MI

    Popular Searches in Cheboygan, MI

    Most Searched ZIP Codes in Cheboygan, MI

    • 49721

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