6-Unit Brick Apartment
123 N BAILEY STREET, Cheboygan, MI 49721
For Sale
$259,900
Under Contract
CHEBOYGAN, MI
Property Size7,500 SF
Price / SF$34.65
Days on Market89
Property Features for 123 N BAILEY STREET
General Information
Property type
Property subtype
Elementary school
Subdivision
Standard status
Amenities
garage
Building Details
Buildings
Listing Agency:
Cheboygan · Coldwell Banker Real Estate
(231) 627-9959
Listed By:
Billie Desy · License MI #6501188508
(231) 420-7797
Added: Aug 14
Changed: Nov 9
Last Checked: Nov 10 at 5:06PM
MLS# 201841352
Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick apartment building contains approximately 7,500 square feet and six potential rental units. A garage and additional office space are also part of the property.
Downtown Cheboygan is within walking distance, along with shops, restaurants, services, and the waterfront.
Downtown Cheboygan is within walking distance, along with shops, restaurants, services, and the waterfront.
Key Highlights
- Approximately 7,500 square feet in a brick apartment building
- Six potential rental units
- Includes a garage and additional office space
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
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Business Placement
Demographics for 49721, MI
14,058
Population
8,535
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
266.7 sq mi
ZIP Area
53
Density / Sq Mi
$60,840
Median Household Income
$30,807
Median Earnings
$753
Median Rent
$170,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction, a garage, and separate office space complement a residential property within walking distance of downtown Cheboygan.
Where is this apartment building located?
The property is located at 123 N BAILEY STREET Cheboygan, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Approximately 7,500 square feet in a brick apartment building; Six potential rental units; Includes a garage and additional office space
