6-Unit Apartment
For Sale
$379,000
123 N BAILEY STREET, Cheboygan, MI 49721
CHEBOYGAN, MI
Property SizeContact for details
Days on Market54
Property Features for 123 N BAILEY STREET
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Elementary school
CHEBOYGAN
Subdivision
Cheboygan
Standard status
Active
Amenities
attached garage
storage area
partial basement
Listing Agency:
Cheboygan · Coldwell Banker Real Estate
(231) 627-9959
Listed By:
Billie Desy · License #6501188508
(231) 420-7797
Added: Aug 14
Changed: Oct 5
Last Checked: Oct 6 at 12:06AM
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.
Investment Insights
Based on property information with market context.
This 6-unit apartment building includes an attached garage, a designated storage area, and a partial basement. An office area adds flexibility to the existing layout and could be converted to an efficiency apartment, subject to applicable requirements. Paved parking is positioned behind the building, providing on-site parking for residents and visitors.
The property is located at 123 N Bailey Street in Cheboygan, Michigan, within Cheboygan County and postal code 49721. Its combination of multiple residential units, accessory storage, garage space, basement area, and rear parking creates a functional apartment property configuration.
The property is located at 123 N Bailey Street in Cheboygan, Michigan, within Cheboygan County and postal code 49721. Its combination of multiple residential units, accessory storage, garage space, basement area, and rear parking creates a functional apartment property configuration.
Key Highlights
- 6‑unit apartment building
- Attached garage included
- Storage area and partial basement
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Attached garage, storage, basement space, and paved rear parking support the property’s residential configuration.
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 $379,000.
What are key features of this property?
This property features: 6‑unit apartment building; Attached garage included; Storage area and partial basement
